Skip To Content

    7011 Fountain Ave

    Los Angeles, CA 90028
    • $1,950,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 21-782538
    UPDATED: 35 min ago
    $1,950,000
    • 6
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,319
      SQFT
    • $588
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Description

    7011 Fountain Ave is comprised of 6, 1bd/1ba units in prime Hollywood. Three of six units have been renovated in this 100% occupied charming character property. In addition to the interior renovations, Seller invested approximately $200k in capital improvements including foundation replacement, main sewer line upgrade and outdoor renovations with storm drain and concrete paving. 7011 Fountain Ave is close to major employers in Hollywood and a short drive away from trendy bars and restaurants.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-26T07:42:31.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/121336912
    Print Image

    7011 Fountain Ave Los Angeles, CA 90028

    • Price: $1,950,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 21-782538
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,319
    SQFT
    $588
    $/SQFT
    1923
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    7011 Fountain Ave is comprised of 6, 1bd/1ba units in prime Hollywood. Three of six units have been renovated in this 100% occupied charming character property. In addition to the interior renovations, Seller invested approximately $200k in capital improvements including foundation replacement, main sewer line upgrade and outdoor renovations with storm drain and concrete paving. 7011 Fountain Ave is close to major employers in Hollywood and a short drive away from trendy bars and restaurants.
    Exterior Features

    Lot Size Area 5731 Other Structures None Parking Garage None Total Parking 0

    Interior Features

    Baths Total 6.00 Cooling Air Conditioning Equipment MicrowaveDishwasherRange/OvenWasherCeiling Fan Heating Central

    Property Features

    Gross Income 125145 Gross Operating Income 121390 Like Units1 3 Net Operating Income 82882.00 Number Of Buildings 3 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 38508 Type Of Units Multifamily Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Zachary Freehling DRE#01879326 of Skylight Real Estate Advisors, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-26T07:42:31.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-782538-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-782538-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-782538-2.jpg
    Logo
    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253