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    7661 Fountain Ave

    Los Angeles, CA 90046
    • $2,300,000
    • STATUS: Active
    • ON SITE: 143 days
    • MLS #: 21-726634
    UPDATED: 60 min ago
    $2,300,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,804
      SQFT
    • $479
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    Welcome to this beautiful, partially renovated mid century six unit in the heart of Spaulding area of West Hollywood with lots of trendy restaurants, shopping, amenities and bars just minutes away. The renovation is of high quality, and beautiful touches. Property is fully rented and brings in good income. Very low maintenance for a long time buy and hold kind of investor. You don't want to miss this gem!

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-26T16:42:42.083. 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/116811488
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    7661 Fountain Ave Los Angeles, CA 90046

    • Price: $2,300,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 21-726634
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,804
    SQFT
    $479
    $/SQFT
    1955
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    Welcome to this beautiful, partially renovated mid century six unit in the heart of Spaulding area of West Hollywood with lots of trendy restaurants, shopping, amenities and bars just minutes away. The renovation is of high quality, and beautiful touches. Property is fully rented and brings in good income. Very low maintenance for a long time buy and hold kind of investor. You don't want to miss this gem!
    Exterior Features

    Direction Faces South Levels Two Lot Size Area 6173 Other Structures None Parking Garage Carport Paved YN Yes Pool Description Fenced Pool YN Yes Roof Asphalt Style Mid-Century Total Parking 5

    Interior Features

    Baths Total 6.00 Cooking Appliances Range HoodGas/Electric RangeCooktop - Gas Cooling Heat Pump(S)Air Conditioning Equipment DishwasherGarbage DisposalGas Or Electric Dryer HookupCableCeiling FanGas Dryer HookupFreezerHood FanIce MakerMicrowaveDryer Flooring Laminate Foundation Details Slab Heating Heat Pump Interior Features 220V Throughout Kitchen Features Remodeled Water Heater Features Water Heater Unit Windows Double Pane WindowsScreens

    Property Features

    Alley YN No Assessed Total Value 165385 Electric Expense 240.00 Gardener Expense 600.00 Gross Income 137232 Gross Operating Income 137232 Insurance Expense 3350.00 Land Lease Type Fee Like Units1 2 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 99852.00 Number Of Buildings 1 Number Of Units 6 Owner Pays WaterGardener Property Condition Repair CosmeticRepairs MajorUpdated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Automatic Gate Sewer Public Hookup Available Source Living Area Owner Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 37380 Trash Expense 3360.00 TVServices Cable Tv Type Of Units Apartment Water District Water Expense 1080.00 Water Heaters YN Yes Year Built Source Owner Zoning Lar3

    Listing provided courtesy of Jessica Arroyo DRE# of Keller Williams Hollywood Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-26T16:42:42.083. 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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