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Multifamily at 7205 Fountain Avenue
$2,995,000
7205 Fountain Avenue
Los Angeles, Los Angeles, 90046
Active · 0 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms
14
Building size
6,478 sqft
Lot size
7,490 sqft
Year built
1958
Stories
2
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Status
Active
Days on market
0
MLS #
248795969

About this property

14-UNIT APARTMENT INVESTMENT - 7205 Fountain Avenue is a 14-unit apartment property located in a highly desirable central Los Angeles submarket immediately west of La Brea Avenue and adjacent to West Hollywood. Built in 1958, the property consists of approximately 6,478 square feet of building area on a 7,488-square-foot lot, offering an attractive scale for investors seeking a well-positioned multifamily asset in a supply-constrained Westside rental market. PROPERTY AMENITIES - The property features a swimming pool and gated parking, providing residents with two highly desirable amenities in the Los Angeles rental market. The property offers 14 parking spaces for 14 units, providing dedicated parking for each residence. The combination of on-site amenities, parking, and a central location contributes to the property's overall rental appeal. STRATEGIC WEST HOLLYWOOD-ADJACENT LOCATION - he property is situated immediately west of La Brea Avenue and just east of West Hollywood, placing residents near an extensive collection of restaurants, cafes, retail, nightlife, entertainment, and neighborhood services. The location provides convenient access to the Sunset Strip, Santa Monica Boulevard, Hollywood Boulevard, and the surrounding Hollywood Hills

Location

7205 Fountain Avenue

Los Angeles, Los Angeles, CA, 90046

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

7205 Fountain Ave, Los Angeles CA | Multifamily for Sale