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$1,699,000   Price Analysis
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4281 Fountain Ave
Los Angeles, CA 90029
3 bed 2 bath 1,700 SqFt ($999/SqFt)
5,426SqFt lot. Built 1949
Listed 2024-03-21, Taxes $15,963
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Discover the extraordinary potential of this one-of-a-kind multi-unit property

In close proximity to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a roomy lot, offering abundant parking space suitable for multiple businesses, a luxurious residence or a harmonious combination of both.Moreover, the parking lot features an income-generating billbo ard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not reimagine the existing structure but also expand it by an additional 400 square feet.Unlock th possibilities and make this unique property your canvas for creative ventures.

Explore its potential as a lucrative investment, a dream home or a blend of both, in a prime location with unlimited opportunities. All approvals, plans and permits to be verified by Buyer.


Presented by Shane Markland at
COMPASS.


Property MLS #24-371307 from TheMLSCLAW

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Central
Heating Features: Central

Furnished Description: Unfurnished
Flooring: Hardwood

Lot Size Acres: 0.1245638
Lot Size Source: Assessor
Lot Size Square Feet: 5426

Garage Description: Driveway, Uncovered, Gated
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Directions: N side of fountain
Source Property Type: Residential
Area: Los Feliz
Source Neighborhood: Los Feliz
Parcel Number: 5430-031-034
Postal Code Plus 4: 2223
Zoning: LARD1.5
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$334,654 + $1,003,965
$1,338,619
$15,963
2021$328,093 + $984,280
$1,312,373
$15,772
2020$324,729 + $974,188
$1,298,917
$15,934
2019$318,362 + $955,087
$1,273,449
$15,299
2018$312,120 + $936,360
$1,248,480
$15,152
2017$306,000 + $918,000
$1,224,000
$14,819
2016$300,000 + $900,000
$1,200,000
$14,493
2015$59,688 + $290,845
$350,533
$4,369
2014$58,519 + $285,148
$343,667
$4,387
2013$58,255 + $283,860
$342,115
$4,387
2012$57,113 + $278,295
$335,408
$4,445
2010$55,994 + $272,839
$328,833
$4,354
2009$55,709 + $271,444
$327,153
$4,193
2009$55,576 + $270,800
$326,376
$4,193
2008$54,617 + $266,122
$320,739
$4,017
2007$53,547 + $260,904
$314,451
$3,881

Listing removed 2024-03-22
$0
TheMLSCLAW
Listed 2024-03-21
$1,699,000
TheMLSCLAW
Listed 2024-01-22
$1,899,000
TheMLSCLAW
Listing removed 2024-01-21
$0
TheMLSCLAW
Listed 2023-09-08
$1,998,000
TheMLSCLAW
Sold 2015-09-10
$1,200,000
Public Record
Listing removed 2002-08-11
$950
ITECH
Listed for rent 2002-06-10
$950
ITECH
Sold 1982-12-29
$75,000
Public Record

Total Square Feet Living: 1700
Year Built: 1949
Common Walls: Detached/No Common Walls
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 75
Structure Type: Detached
House Style: Art Deco
Year Built Source: Vendor Enhanced
Architectural Style: Art Deco

Thomas Starr King Middle School is a public middle school located approximately 0.1 miles away.
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Franklin Avenue Elementary School is a public elementary school located approximately 0.7 miles away.
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John Marshall Senior High School is a public high school located approximately 0.9 miles away.
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The Best Start Preparatory Academy is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.