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Renovating Luxury Apartment Building
For Sale
Contact for pricing
Pending

4715 Fountain Avenue, Los Angeles, CA 90029

Twelve-unit multifamily property with luxury one-bedroom apartments and in-unit laundry, currently undergoing renovations.

Property SizeContact for details
Days on Market126

Property Features for 4715 Fountain Avenue

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 6.5%
Multifamily Units 12
Listing Agency: Exclusive Listing
Listed By: Alex Tieu · License #CA 01439301
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 11 at 8:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exclusive Listing

Investment Insights

Based on property information with market context.

This for-sale multifamily property offers twelve apartment units, positioned for residential income use. The current owner will deliver luxury one-bedroom apartments with kitchen amenities, in-unit laundry, recessed lighting, and central heating and cooling. The building is under rent control, and renovations are currently underway following a full vacancy.

The property is located just south of Sunset Blvd and west of Vermont, per the provided remarks.

Interior photos shown are renderings rather than the actual units, and the seller is open to terms that may not require completing renovations. Please contact Alex Tieu for details.

Key Highlights

  • 12‑unit multifamily property with luxury one‑bedroom apartments
  • Units include in‑unit laundry and fully equipped kitchens
  • Apartment features include recessed lighting and central heating and cooling

Property Analytics

Current Use

Muscles Bull (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

6,650
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve-unit multifamily property with luxury one-bedroom apartments and in-unit laundry, currently undergoing renovations.
Where is this apartment building located?
The property is located at 4715 Fountain Avenue Los Angeles, CA.
What are key features of this property?
This property features: 12‑unit multifamily property with luxury one‑bedroom apartments; Units include in‑unit laundry and fully equipped kitchens; Apartment features include recessed lighting and central heating and cooling
More about this property
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