$10,000

closing credit¹

7417 Fountain Ave Los Angeles, CA 90046

$1,999,998
7 beds
5 baths
3,426 sqft
0.1 acres
$584 / sqft
House

Property details

About 7417 Fountain Ave

AMAZING PRICE!! Presenting a 4-unit property spread across two separate parcels, each with its OWN ADDRESS exceedingly rare feature that simplifies leasing and management. This property encompasses both parcels, offering unparalleled convenience for rental purposes.Three of the four units will be delivered fully vacant, with the potential for the fourth unit to follow suit, providing immediate and substantial rental income. Currently, the property generates an impressive gross income with further potential for growth. The units exude a bright and inviting atmosphere, enhanced by their spacious layout and distinctive charm.The main unit features two well-appointed bedrooms, a stylish living room, and a generously sized kitchen. Each unit boasts its own kitchen and living area, ensuring comfort and privacy. The property also includes ample gated parking for all residents.Located in one of Los Angeles' most sought-after neighborhoods, this property is just minutes from premier restaurants, bars, and boutiques. This rare and exceptional offering is ideal for investors, owner-users, or anyone seeking to capitalize on rental income opportunities.Priced to Sell don't miss out on this remarkable chance to acquire a prime real estate asset.

Highlights

Home typeOther
StatusActive
CoolingWall/Window Unit(s)
Size3,426 sqft
Lot size0.1428 Acres
Year built1937
ParkingCovered, Gated
MLS #25479727

Summary

  • MLS Number: 25479727
  • MLS Name: CRMLS
  • Office Name: 1Vision Real Estate
  • Listing Agent: Bijan Saadati

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 5:15:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a pergola

$1,999,998

7417 Fountain Ave

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2021$742,831$9,185
2020$735,215$8,998
2019$720,800$8,863
2018$706,668$8,677
2017$692,813$8,677

History based on county public records data.

Nearby schools

4

Gardner Street Elementary

Public District PK-5

0.3 mi

7450 Hawthorn Ave

9

Melrose Avenue Elementary School

Public District KG-5

0.8 mi

731 N Detroit St

5

Vine Street Elementary

Public District KG-6

1.5 mi

955 Vine St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,573. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
45%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

87%
Single, No Kids
3%
Single, with Kids
8%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
52%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7417 Fountain Ave

This home is located at 7417 Fountain Ave in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 3,426 square foot home, which was built in 1937, sits on a 0.14 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $1,999,998.

In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.

From Rocket Homes Real Estate and based on county public records data.

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