5657 Fountain Ave Los Angeles, CA 90028
Charming house on large lot, potential for multifamily development.
Lot size:
0.17 AcresProperty Features for 5657 Fountain Ave
General Information
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1918
Source:
Elliman
Listing Agent: Suzanna Gavranian
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hollywood Multifamily Development Opportunity
This property presents an investment opportunity with a 3-bedroom, 2-bath house situated on a large lot. The property is located in the heart of Hollywood, near shops, restaurants, and malls. Investors may find potential in the lot's capacity to accommodate up to 10 primary units or luxury apartments, aligning with the neighborhood's trend of multifamily mixed-use developments. The lot features a large driveway, providing privacy and multiple parking spaces. The property includes a spacious front yard and a large backyard with parking space for up to 10 cars, potentially making this an income-generating property.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.31283
- Latitude
- 34.09487
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Charming house on large lot, potential for multifamily development.
Where is this multifamily property located?
The property is located at 5657 Fountain Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: - Large lot suitable for building up to 10 primary units or luxury apartments.; - Prime investment opportunity in a neighborhood attracting investors.; - Located in the heart of Hollywood, near shops, restaurants, and malls.