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6154 Fountain Avenue

Hollywood, CA 90028
  • $1,669,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: P1-20303
UPDATED: 56 min ago
$1,669,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Not Applicable
Type:
Multi-Family
Built:
1940
County:
Los Angeles
Area:
C20 - Hollywood

School Ratings & Info

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Listing Agent(s): Christian Gastelum of Premier Properties of Pasadena ((626) 789-8855)


Description

SELLER MOTIVATED! - 6-UNIT HOLLYWOOD APARTMENT - REDUCED OVER $150K!!! MOVE-IN READY 1-2 VACANT UNITS! LIVE IN RENT THE OTHERS! OPPORTUNITY! Investors look no further! FINANCING AVAILABLE! Come see this charming Hollywood Manor style apartment complex of 6 UNITS in a beautiful area of Hollywood. Ready to add to your portfolio! - this 6 unit (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159090065
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6154 Fountain Avenue Hollywood, CA 90028

  • Price: $1,669,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 56 min ago
  • MLS #: P1-20303
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1940
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
SELLER MOTIVATED! - 6-UNIT HOLLYWOOD APARTMENT - REDUCED OVER $150K!!! MOVE-IN READY 1-2 VACANT UNITS! LIVE IN RENT THE OTHERS! OPPORTUNITY! Investors look no further! FINANCING AVAILABLE! Come see this charming Hollywood Manor style apartment complex of 6 UNITS in a beautiful area of Hollywood. Ready to add to your portfolio! - this 6 unit (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located!
Exterior Features

Construction Materials Plaster Direction Faces North Exterior Features Awning(s) Fencing Chain Link Foundation Details Raised Lot Features Corner LotFront YardNear Public TransitSprinklers None Number Of Separate Electric Meters 6 Parking Features AssignedAsphaltDoor-SingleGarage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Parking Appliances Gas Range Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating YN Yes Interior Features Ceiling Fan(s)Ceramic CountersCrown Molding Window Features Bay Window(s)Garden Window(s)

Property Features

Association Fee 0 Cap Rate 5.43 Community Features Street LightsSidewalksUrban Current Financing None Disclosures HistoricalRent Control Electric Expense 119 Fuel Expense 80 Garage YN Yes Gross Income 117078 Gross Scheduled Income 117078 Insurance Expense 2874 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFannie MaeFreddie Mac Net Operating Income 101814 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 15264 Possession Close Of Escrow Property Condition Repairs Cosmetic Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays Cable TVElectricityGasTelephone Trash Expense 1500 Water Sewer Expense 3500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Christian Gastelum of Premier Properties of Pasadena ((626) 789-8855)