5324 Fountain Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Active
Purchase Type For Sale
Square Footage 3,540 sqft
Price per Sqft $451
MLS Listing ID 25528785
Bedrooms 5
Year Built 1912
Lot Size 9,627 Sqft
Acres 0.221
Property Sub-Type Combo - Res & Com
Property Description
This prime mixed-use property offers a rare investment opportunity with both immediate income and long-term development potential. Featuring two commercial storefront units with excellent street visibility and three fully occupied residential units in the rear, the property is ideally suited for an investor looking to generate rental income now while planning for future growth. Zoned for higher density, it presents the potential to be redeveloped into a 25-unit building (buyer to verify with the city), making it a strong value-add opportunity in a rapidly evolving area. With solid foot traffic, strong rental demand and flexible zoning, this property is a versatile asset perfect for investors seeking a high-upside project.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR3
Interior
Heating Central
Exterior
Garage Spaces 5.0
Others
Special Listing Condition Standard