Renovated 4-Unit
For Sale
Contact for pricing
Pending
5734 Fountain Ave, Los Angeles, CA 90028
One unit is delivered vacant, supporting owner occupancy and flexible financing options.
Property SizeContact for details
Days on Market141
Property Features for 5734 Fountain Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Paloma Realty Partners
(818) 292-1346
Listed By:
Adam Kanizo · License #CA 02008361
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:34AM
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 Paloma Realty Partners
Investment Insights
Based on property information with market context.
This renovated quadplex contains four units and is being offered with one residence vacant at closing. The property includes RTI plans for the addition of two ADUs, creating a defined expansion path without requiring tenant buyouts. Current renovated two-bedroom units produce in-place rents of $2,795, while the existing capitalization rate is 4.75%. With the ADUs completed, the projected capitalization rate is 6.4%; further rent repositioning is projected to reach an 8.39% cap rate and 9.7 GRM when the remaining below-market unit turns over.
The property is within walking distance of Netflix’s campus and Sunset Bronson Studios, with access to the broader Hollywood area. Section 8 tenancy is identified as an additional leasing option, with stated Section 8 rents of $3,120 for the 90028 ZIP code.
The property is within walking distance of Netflix’s campus and Sunset Bronson Studios, with access to the broader Hollywood area. Section 8 tenancy is identified as an additional leasing option, with stated Section 8 rents of $3,120 for the 90028 ZIP code.
Key Highlights
- Four‑unit renovated quadplex with one unit delivered vacant
- RTI plans for two additional ADUs
- In‑place 4.75% cap rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,757
Businesses Nearby
Explore this area
Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - One unit is delivered vacant, supporting owner occupancy and flexible financing options.
Where is this quadplex located?
The property is located at 5734 Fountain Ave Los Angeles, CA.
What are key features of this property?
This property features: Four‑unit renovated quadplex with one unit delivered vacant; RTI plans for two additional ADUs; In‑place 4.75% cap rate
