4110 Fountain AVE Active

Los Angeles,CA 90029

$ 1875000

8 Beds

4 Baths

3516 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,516 sqft

Price per Sqft $533

MLS Listing ID 24452601

Bedrooms 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1928

Lot Size 2,421 Sqft

Property Description

Welcome to this BEAUTIFUL TURN-KEY 4-PLEX in the heart of SILVERLAKE! This French Normandy building is being sold with 3 FULLY-REMODELED and VACANT units! Located in one of the most PREMIUM RENTAL MARKETS in LA, this charming 1920s 4-PLEX sits a stones-throw away from coffee shops like INTELLEGENCIA, LA COLOMBE and CAFE STELLA as well as major grocery stores like EREWHON, WHOLE FOODS and TRADER JOES. Everything is within walking distance. This is a SECOND-TO-NONE building nested at the exact INTERSECTION OF SILVERLAKE, LOS FELIZ AND EAST HOLLYWOOD, just two blocks away from SUNSET JUNCTION. Take a stroll at Golden Hour over to your favorite restaurant, or grab some ice cream at SALT 'n STRAW. NO DRIVING NECESSARY. Rental Demand is EXTREMELY HIGH, with major employers like NETFLIX, KAISER and several MAJOR STUDIOS just minutes away. This building is IN COMPLIANCE with all earthquake structural requirements as part of the City of Los Angeles ordinances. The roof is less than a decade old and has been inspected. ALL UNITS have SEPARATE METERS for gas and electrical. Three out of four units have been TASTEFULLY UPGRADED with NEW KITCHENS, FLOORING and ELECTRICAL PANELS. All plumbing is a combination of COOPER and PVC. The building has been diligently maintained and has LAUNDRY ON-SITE. Minimal upkeep and maintenance make this an unparalleled CASH COW for NEW-OWNERSHIP. There are not too many buildings in this area with as much PRIDE OF OWNERSHIP and immediate CASHFLOW POTENTIAL. Come see this WONDERFUL OPPORTUNITY before its gone!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAC2

Interior

Interior Features Ceiling Fan(s),Furnished

Heating Wall Furnace

Cooling None

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Disposal

Exterior

Garage On Street

Pool None

Community Features Gated

View Y/N Yes

View Hills

Parking Type On Street

Private Pool No

Building

Faces North

Story 2

Entry Level Two,Multi/Split

Foundation Slab

Water Public

Level or Stories Two,Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5429011018

Security Features Gated Community,Key Card Entry,Window Bars

Acceptable Financing Contract

Listing Terms Contract

Financing Cash,Conventional

Special Listing Condition Standard

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