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4281 Fountain Ave

Los Angeles, CA 90029
  • $1,899,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 24-350277
UPDATED: 30 min ago
$1,899,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,700
    SQFT
  • $1,117
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1949
County:
Area:

School Ratings & Info

Description

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 spacious 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 billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not only reimagine the existing structure but also expand it by an additional 400 square feet.Unlock the 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 endless opportunities. All approvals, plans and permits to be verified by Buyer.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-03-04T22:42:51.907. 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.desertarealuxuryhomes.com/homes/146817898
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4281 Fountain Ave Los Angeles, CA 90029

  • Price: $1,899,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 30 min ago
  • MLS #: 24-350277
3
Beds
2
Baths
0
½ Baths
0.12
Acres
1,700
SQFT
$1,117
$/SQFT
1949
Built
Neighborhood:
Los Feliz
County:
Los Angeles
Area:
Los Feliz
Property Description
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 spacious 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 billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not only reimagine the existing structure but also expand it by an additional 400 square feet.Unlock the 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 endless opportunities. All approvals, plans and permits to be verified by Buyer.
Exterior Features

Building Type Detached Levels Multi/Split Lot Size Area 5426 Other Structures None Parking Garage DrivewayUncoveredGated Pool Description None Pool YN No Spa None Spa YN No Style Art Deco Total Parking 8 View Description None View YN No

Interior Features

Common Walls Detached/No Common Walls Cooling Central Den No Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Hardwood Furnished Unfurnished Heating Central Laundry None One Quarter Baths 0 Rooms Other

Property Features

Disclosures None Hoa Yn No Property Sub Type Single Family Residence Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Year Built Source Vendor Enhanced Zoning LARD1.5

Listing provided courtesy of Shane Markland DRE#02077410 of Compass: 323-593-6999.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-03-04T22:42:51.907. 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.
 
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The Sandi Phillips Team | Compass
74199 El Paseo, Suite 200
Palm Desert CA, 92260