Los Angeles, CA 90029,5324 Fountain Ave
Los Angeles, CA 90029,5324 Fountain Ave
Los Angeles, CA 90029,5324 Fountain Ave
4
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$1,600,000
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5 Beds
2 Baths
3,540 SqFt
New

5324 Fountain Ave Los Angeles, CA 90029

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Kandy Katz

Kandy Katz

Simply Vegas

+1(214) 514-0472

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Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $451

MLS Listing ID 25528785

Bedrooms 5

Year Built 1912

Lot Size 9,627 Sqft

Acres 0.221

Property Sub-Type Combo - Res & Com

Property Description

This prime mixed-use property offers a rare investment opportunity with both immediate income and long-term development potential. Featuring two commercial storefront units with excellent street visibility and three fully occupied residential units in the rear, the property is ideally suited for an investor looking to generate rental income now while planning for future growth. Zoned for higher density, it presents the potential to be redeveloped into a 25-unit building (buyer to verify with the city), making it a strong value-add opportunity in a rapidly evolving area. With solid foot traffic, strong rental demand and flexible zoning, this property is a versatile asset perfect for investors seeking a high-upside project.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Interior

Heating Central

Exterior

Garage Spaces 5.0

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Nest Seekers

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5324 Fountain Ave