7301 Fountain Avenue

Los Angeles, CA 90046

$1,275,000
Last Sold Price
4
Beds
3
Baths
2,028 Sq. Ft.
$629 / Sq. Ft.
2,028
Sq. Ft.
$629
per Sq. Ft.

Description

This 4 bed 3 bath duplex is a prime investment opportunity in one of the most sought out areas of Los Angeles. Located in a rapidly expanding area and situated within walking distance to all that Hollywood has to offer, this property is an ideal purchase to hold for development or to rent out. With the building's size coupled with its appealing duplex layout and corner-lot location, it can also be used for residential living while housing a small business on the adjoining side. The smaller of two...This 4 bed 3 bath duplex is a prime investment opportunity in one of the most sought out areas of Los Angeles. Located in a rapidly expanding area and situated within walking distance to all that Hollywood has to offer, this property is an ideal purchase to hold for development or to rent out. With the building's size coupled with its appealing duplex layout and corner-lot location, it can also be used for residential living while housing a small business on the adjoining side. The smaller of two units has undergone recent renovations including an upgraded bathroom, installment of a jacuzzi hot tub, new appliances in the kitchen, and the installation of a water softener for the entire building. The recently planted high-privacy hedges and new fencing coupled with a security gate create a serene outdoor seating area which allows for a private and secure escape from the city. With its highly desirable location and customizability, this property is a steal for a wide variety of buyers. The property will be delivered vacant.

Property Details for 7301 Fountain Avenue

Zoning
LAR3
Parcel Number
5550019029
Total Units
2.0
Living Area
2028
Source Living Area
Vendor Enhanced
Area
Hollywood (C20)
Vacancy Rate
0
Lot Size Area
3884

Location

Listing Courtesy of AKGRE Inc, Christopher Dawes, DRE #02130095; AKGRE Inc, Kirby Gillon, DRE #01960253

Sold By Compass, David Moradifar, DRE #01881072

Add your commute
LISTING UPDATED: 04/06/2023 01:42 PM

Property Details for 7301 Fountain Avenue

StatusSold
MLS #23-229583
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.09 AC / 3,884 SF
CountyLos Angeles County

Location

Listing Courtesy of AKGRE Inc, Christopher Dawes, DRE #02130095; AKGRE Inc, Kirby Gillon, DRE #01960253

Sold By Compass, David Moradifar, DRE #01881072

Add your commute

Building Information for 7301 Fountain Avenue

Stories-Residences-Year Built1923Building Size-Lot Size0.09 AC / 3,884 SF

Payment Calculator

$7,973 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$1,015

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7301 Fountain Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 19500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0892
  • Lot Size Square Feet: 3884
Parking Details
Parking Details
  • Parking Garage: Gated, Uncovered, Driveway - Combination
  • Total Parking: 3
  • Parking Features: Gated, Uncovered, Driveway - Combination
Interior Features
Interior Features
  • Cooling Type: Window Unit(s)
  • Heating: None
  • Heating Type: None
  • Equipment: Range/Oven, Water Conditioner, Refrigerator, Washer, Dryer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-05-2023
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $89,239.00
  • Assessed Improvement Percent: 9.2
  • Assessed Land Value: $881,259.00
  • Assessed Land Percent: 90.8
  • Assessed Total Value: $970,498.00

Property History for 7301 Fountain Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7301 Fountain Avenue

Taxable ValueLand$898,884Additions$91,023Total$989,907
Tax Record2023$12,186 ($1,015 / month)
Home Facts
Total Finished SqFt2,028 SqFtAbove Grade Finished SqFt2,028 SqFtLot Size3,884 SqFtStyleDuplexYear Built1923ZoningLAR3CountyLOS ANGELESAPN5550-019-029

Schools near 7301 Fountain Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AKGRE Inc, Christopher Dawes, DRE #02130095; AKGRE Inc, Kirby Gillon, DRE #01960253

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.