7504 Fountain Ave West Hollywood, CA 90046
Property Features for 7504 Fountain Ave
General Information
- Lot size
- 0.16 Acres
Building Details
- Year built
- 1917
Source: GNZ Inc.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
West Hollywood Triplex Development Opportunity
This triplex, on the market for the first time in 27 years, presents a repositioning and development opportunity in West Hollywood. The property features a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and a 1-bedroom, 1-bathroom unit, plus 1,000 square feet of storage, all situated on a 7,002 square foot lot. Delivered vacant at the close of escrow, it offers flexibility for an owner-user or investor. Potential options include renovating and leasing the existing three units, adding three Accessory Dwelling Units (ADUs), constructing a 35-unit affordable housing complex, or developing a 10-bed assisted living facility, subject to buyer verification. Located within the City of West Hollywood's Fountain Avenue Streetscape Project, the property is poised to benefit from area enhancements focused on improving walkability, landscaping, and neighborhood character. This is a value-add opportunity to acquire a vacant triplex or development site in a dynamic Los Angeles community.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- West Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.366
- Latitude
- 34.1068
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Rare West Hollywood triplex on a 7,002 sq ft lot.
Where is this triplex located?
The property is located at 7504 Fountain Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: - Delivered vacant, offering immediate flexibility.; - Rare West Hollywood opportunity, first time on the market in 27 years.; - Development potential: add ADUs, affordable housing, or an assisted living facility (buyer to verify).