Skip To Content
    Return to Previous Page

    7530 Fountain Avenue

    West Hollywood, CA 90046
    • $3,100,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20598848
    $3,100,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    he property features 8,175 square feet of gross rentable area, situated on a 6,926-square foot lot. The ten-unit building is composed of eight one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units.The building is well-maintained and offers gated secured entry and on-site parking for tenants. The property is situated in one of the trendiest locations in Los Angeles, sitting just north of Santa Monica Boulevard, sandwiched between Curson Avenue to the west and Gardner Street to the east. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles.Due to the propertys premier location and rental upside, 7530 Fountain Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in the heart of West Hollywood.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-14T00:27:22.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/107468833
    Print Image

    7530 Fountain Avenue West Hollywood, CA 90046

    • Price: $3,100,000
    • Status: Active
    • ID#: 20598848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1957
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    he property features 8,175 square feet of gross rentable area, situated on a 6,926-square foot lot. The ten-unit building is composed of eight one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units.The building is well-maintained and offers gated secured entry and on-site parking for tenants. The property is situated in one of the trendiest locations in Los Angeles, sitting just north of Santa Monica Boulevard, sandwiched between Curson Avenue to the west and Gardner Street to the east. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles.Due to the propertys premier location and rental upside, 7530 Fountain Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in the heart of West Hollywood.
    Exterior Features

    Direction Faces North Lot Size Dimensions 50X140 Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Country Us Financial Info As Of 2020-07-01 00:00:00 Gross Income 177744.00 Gross Multiplier 17.44 Gross Operating Income 174189.00 Net Operating Income 96602.00 Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Total Expenses 77588.00 Zoning Wdr2*

    Listing provided courtesy of Tony Azzi of Tony Azzi


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-14T00:27:22.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364553871-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364553871-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364553871-1.jpg
    Logo
    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731