Lisa Hutchins, Listing Office: Coldwell Banker Realty
$10,000
closing credit¹
7417 Fountain Ave Los Angeles, CA 90046
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
Summary
- MLS Number: 25479727
- MLS Name: CRMLS
- Office Name: 1Vision Real Estate
- Listing Agent: Bijan Saadati
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.
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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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$1,999,998
7417 Fountain Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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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.