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$4,200,000
14 bed
8,390 Sqft
6,853 Sqft lot

7550 Fountain Avenue, West Hollywood, California 90046

  • Residential Income Property Type
  • 242 Days Time on market
  • $501 Price per sqft
  • 1958 Year Built
Property Description

This exceptional investment opportunity is situated in the prime location of West Hollywood. The building comprises four spacious 2-bedroom, 2-bathroom units and six 1-bedroom, 1-bathroom units. Currently generating an annual income of $261,042, this property holds substantial income potential. There is immediate income upside with one recently updated 2-bedroom, 2-bathroom unit vacant on the upper floor, which can conservatively be projected to rent at $2,985 per month. Additionally, one 1-bedroom and 1-bathroom unit on the ground floor is currently vacant, with a projected monthly rental income of $2,200 per month. Located just moments away from the vibrant Sunset Strip, the coveted Norma Triangle neighborhood, the bustling Melrose shopping district, and the iconic Hollywood Walk of Fame, this property offers not only an attractive investment but also the allure of the West Hollywood lifestyle. Don’t miss out on this outstanding investment opportunity!

Basic Details
Residential Income
Buy
23306965
$4,200,000
14
8,390 Sqft
1958
6,853 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Wall/window Unit(s)
: Dishwasher, Disposal, Refrigerator
7
$0
Address
CA
Los Angeles
West Hollywood
90046
7550 Fountain Avenue
7550
Avenue
0
W119° 38' 43.2''
N34° 5' 38.9''
Additional Information
242
0
14
: Multi/split
1
8,390 Sqft
0 Sqft
0 Sqft
: Ceiling Fan(s)
0.16 Sqft
6,853 Sqft
1
0 Sqft
WDR2*
5530005002
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
29/03/2024
01/09/2023 21:31:38
$0
: Standard
East of Fairfax, Nearest intersection: Fountain and Curson
Destrahan
Harry Hurst
Coldwell Banker Realty
Yar Meshkaty
CLW-B2000101
CLW-B36269
$0
1
1
0
0
1
1
10
261042
US-06037-N-5530005002-R-N
02/09/2023 04:35:40
Fountain
C10 - West Hollywood Vicinity
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