4
See all 4 photos
$1,600,000
Est. payment /mo
9,626 Sqft Lot
Active
5324 Fountain AVE Los Angeles, CA 90029
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25528785
HOA Y/N No
Year Built 1912
Lot Size 9,626 Sqft
Property Sub-Type Mixed Use
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 C20 - Hollywood
Zoning LAR3
Interior
Heating Central
Fireplace No
Exterior
Total Parking Spaces 5
Others
Tax ID 5537003009
Security Features Security Gate
Special Listing Condition Standard
Listed by Christian Crane • Nest Seekers