Apartment Building with
New
For Sale
$2,195,000
7011 Fountain, Los Angeles, CA 90028
Three single-story structures group rent-controlled apartments around a central outdoor space.
Property Size3,319 SF
Days on Market2
Property Features for 7011 Fountain
General Information
Standard status
Active
Size
3,319 SF
Total Parking Spaces
2
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Additional Details
Gross Income
$130,730
Amenities
coin laundry
Building Details
Building Size
3,319 SF
Year Built
1923
Buildings
3
Stories
1
Units
6
Listing Agency:
The ONE Luxury Properties
Listed By:
Robert Biggs III
(213) 361-6978
Source:
Elliman
Added: Oct 7
Last Checked: Oct 7 at 10:19AM
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 The ONE Luxury Properties
Investment Insights
Based on property information with market context.
This occupied multifamily property consists of three single-story buildings arranged around a courtyard. The six apartments each have one bedroom and one bathroom, with approximately 500 square feet per unit. Courtyard amenities include coin-operated laundry, and two gated parking spaces are located off-site and rented month to month.
Building work has addressed the foundation, main sewer line, storm drains and courtyard paving. Copper plumbing and upgraded windows are in place; water heaters range from 2 to 8 years old. Roofs on two of the buildings are less than three years old.
Building work has addressed the foundation, main sewer line, storm drains and courtyard paving. Copper plumbing and upgraded windows are in place; water heaters range from 2 to 8 years old. Roofs on two of the buildings are less than three years old.
Key Highlights
- Six occupied rent‑controlled apartments, each with 1 bedroom and 1 bathroom
- Three single‑story buildings arranged around a courtyard
- Approximately 500 SF per apartment
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,383
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three single-story structures group rent-controlled apartments around a central outdoor space.
Where is this apartment building located?
The property is located at 7011 Fountain Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Six occupied rent‑controlled apartments, each with 1 bedroom and 1 bathroom; Three single‑story buildings arranged around a courtyard; Approximately 500 SF per apartment
