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$2,295,000   Price Analysis
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7254 Fountain Ave
West Hollywood, CA 90046
12 bed 7 bath 4,500 SqFt ($510/SqFt)
0.26 acre lot. Built 1923
Listed 2024-06-15, Taxes $6,471
Ⓧ USDA Ineligible
due to price & location

near West Hollywood

Prime Investment Opportunity in the Heart of West Hollywood!!!

This unique property offers a rare chance for savvy investors, featuring three distinct buildings on one lot: Fro nt Duplex: Each unit boasts 2 bedrooms and 1 bathroom, totaling approximately 1, 600 sq ft. Middle Single-Family Home: Built in 1997, this vast two-story residence includes 5 bedrooms, 4 bathrooms and two kitchens, spanning approximately 2, 400 sq ft.

Back Huse: This charming unit offers 3 bedrooms, 1 bathroom and around 500 sq ft of living space, along with a generously sized backyard. Additionally, a convenient laundry area is located between duplex and a middle house for shared tenant use. The property also features ample parking with 8 total spaces4 uncovered and 4 covered spots. Don't miss this exceptional investment opportunity in a prime West Hollywood location!


Presented by Vladimir Olevskiy at
Pacific Inter Capital Investme.


Property MLS #SR24122054 from CRMLS

Bedrooms: 12

Laundry Features: Outside

Full Bathrooms: 7

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.2575
Lot Size Source: Assessor
Lot Size Square Feet: 11216

Garage Spaces: 8
Parking Features: Parking YN: Yes, Parking Features: Covered, Gated, Off Street, Uncovered
Parking Total: 8

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 5
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 4
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 4
Unit-3 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 100.00

Tenant Pays: All Utilities
Rent Control: Yes

Community Features: Biking, Hiking, Street Lights, Valley

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 400.00
Area: C10 - West Hollywood Vicinity
Source Neighborhood: C10 - West Hollywood Vicinity
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5531005003
Postal Code Plus 4: 5722
Trash Expense: 130.00
Zoning: WDR3B
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$121,563 + $245,548
$367,111
$6,471
2021$119,180 + $240,734
$359,914
$6,379
2020$117,958 + $238,266
$356,224
$6,400
2019$115,646 + $233,595
$349,241
$6,156
2018$113,379 + $229,015
$342,394
$5,906
2017$111,156 + $224,525
$335,681
$5,798
2016$108,977 + $220,123
$329,100
$5,624
2015$107,341 + $216,817
$324,158
$5,556
2014$105,239 + $212,570
$317,809
$5,569
2013$104,764 + $211,610
$316,374
$5,542
2012$102,710 + $207,461
$310,171
$5,554
2010$100,697 + $203,394
$304,091
$5,387
2009$100,183 + $202,354
$302,537
$5,194
2009$99,945 + $201,874
$301,819
$5,194
2008$98,219 + $198,387
$296,606
$5,025
2007$96,294 + $194,498
$290,792
$4,863

Listed 2024-06-15
$2,295,000
CRMLS
Listing removed 2018-10-19
$1,790,000
CRISNET
Listing removed 2007-08-01
$1,695,000
ITECH
Listing removed 2007-02-17
$1,790,000
CRISNET
Listing removed 2007-02-17
$1,790,000
ITECH
Listed 2007-01-31
$1,695,000
ITECH
Listing removed 2006-11-13
$1,790,000
ITECH
Listed 2006-05-15
$1,790,000
CRISNET
Listed 2006-05-15
$1,790,000
ITECH
Listed 2006-05-12
$1,790,000
ITECH
Listing removed 1999-01-25
$459,000
ITECH
Listed 1998-07-24
$459,000
ITECH
Sold 1996-12-26
$200,000
Public Record
Sold 1985-11-14
$180,000
Public Record

Net Operating Income: 150040.00

Total Square Feet Living: 4500
Year Built: 1923
Building Features: 3
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Street
Property Age: 101
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 200.00
Water Source: Public

Gardner Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Hollywood Senior High School is a public high school located approximately 0.6 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 0.8 miles away.
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Just Like Moms Nursery School is a private elementary school located approximately 0.3 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.