Renovated Duplex in Los
For Sale
Contact for pricing
4920-4922 W Fountain Avenue, Los Angeles, CA 90029
Renovated duplex, fully leased, development potential.
Property SizeContact for details
Days on Market690
Property Features for 4920-4922 W Fountain Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
2
Stories
1
Units
2
Listing Agency:
Cranbrook Realty Corp
(818) 550-0760
Listed By:
Roobik Ovanesian · License #CA 00997117
Source:
Crexi
Added: Sep 27, 2024
Changed: Aug 13
Last Checked: Aug 17 at 10:27AM
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 Cranbrook Realty Corp
Investment Insights
Based on property information with market context.
This property is a renovated duplex that is fully leased, generating a monthly rental income of $6,600. The site presents a potential apartments development project. A market rate project could yield 16 units, including 2 affordable units, in a 4-story building with one level of subterranean parking. Alternatively, a 100% affordable ED1 project could accommodate 28 units of singles and 1-bedroom apartments, with no parking requirement.
Key Highlights
- Fully leased duplex generating $6,600 monthly rent.
- Potential for apartments development project.
- Possible market rate project: 16 units including 2 affordable units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,743
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex, fully leased, development potential.
Where is this duplex located?
The property is located at 4920-4922 W Fountain Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Fully leased duplex generating $6,600 monthly rent.; Potential for apartments development project.; Possible market rate project: 16 units including 2 affordable units.
