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7661 Fountain Avenue

Los Angeles (City), CA 90046
  • $2,200,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 21101815
Price Reduced
UPDATED: 141 min ago
$2,200,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing provided courtesy of Saadia 'Sam' Liberow of Marcus & Millichap

Description

We are pleased to present 7661 Fountain Avenue, a 6-unit apartment building located just outside of West Hollywood, California. Situated on a 6,173 Sq Ft lot, the property consists of 4,804 SF, and features four (4) one bedroom / one bath and two (2) two bedrooms / two bath units. This property has gone through significant renovations by the current ownership, including two extensively renovated units which now boast stunning new floors, in-unit washers and dryers, modern faux fireplaces, stainless-steel appliances and more. In addition to the two renovated units, the exterior of the building was upgraded with new paint and a new electric gate, conveniently giving access to six (6) parking spaces for the tenants. Located within close proximity to world-famous shopping, dining, and entertainment venues, residents enjoy being within walking distance to everyday amenities while also having convenient access to the 101 Freeway. 7661 is the perfect opportunity for an investor looking to acquire a semi-stabilized investment property with future upside potential, which can be achieved through additional interior renovations.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123014122
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7661 Fountain Avenue Los Angeles (City), CA 90046

  • Price: $2,200,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 141 min ago
  • ID#: 21101815
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1955
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
We are pleased to present 7661 Fountain Avenue, a 6-unit apartment building located just outside of West Hollywood, California. Situated on a 6,173 Sq Ft lot, the property consists of 4,804 SF, and features four (4) one bedroom / one bath and two (2) two bedrooms / two bath units. This property has gone through significant renovations by the current ownership, including two extensively renovated units which now boast stunning new floors, in-unit washers and dryers, modern faux fireplaces, stainless-steel appliances and more. In addition to the two renovated units, the exterior of the building was upgraded with new paint and a new electric gate, conveniently giving access to six (6) parking spaces for the tenants. Located within close proximity to world-famous shopping, dining, and entertainment venues, residents enjoy being within walking distance to everyday amenities while also having convenient access to the 101 Freeway. 7661 is the perfect opportunity for an investor looking to acquire a semi-stabilized investment property with future upside potential, which can be achieved through additional interior renovations.
Exterior Features

Parking Features Covered Parking Total 6

Interior Features

Heating None Heating YN No

Property Features

Association Fee 0 Gross Income 137232 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 86001 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Saadia 'Sam' Liberow of Marcus & Millichap