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Spanish Apartment Building
For Sale
$2,149,000

7401 Fountain Ave, Los Angeles, CA 90046

Residential Income, Spanish, Los Angeles, CA

Property Size6,040 SF
Lot Size0.14 Acres
Price / SF$355.79
Days on Market230

Property Features for 7401 Fountain Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 8, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 4, Bathroom 1, Bathroom 5
Parking 6
Parking features Gated
Lot features Front Yard, Automatic Gate
Directions Corner of Fountain and N Vista
Subdivision Hollywood
Standard status Active
APN 5550-023-008
Size 6,040 SF
Lot size 0.14 Acres

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 5
Roof type Flat
Architectural style Spanish
Listing Agency: Compass
Listed By: Sebastian Wolski · License #01947480
Added: Jan 25 Changed: Sep 12 Last Checked: Sep 12 at 7:06PM
MLS# 26642937

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1920 Spanish-style property contains a four-unit apartment building and a detached single-family home configured as a one-bedroom, one-bath residence. One apartment was remodeled approximately two years ago, while another was updated eight years ago. One unit is currently vacant after approximately 20 years of tenancy, and one apartment is occupied through Section 8. The remaining apartments and detached residence retain renovation potential as described in the offering. Units include laundry hookups, dining areas, hardwood floors, closet space, and additional storage. Updated electrical systems, central heating, central air, public water, and a flat roof serve the property.

The 6,040-square-foot site occupies 0.143 acres and includes a gated entrance, automated vehicle gate, and shared parking for six cars. R3 zoning with Tier 1 TOC applies to the property. It is directly across from Plummer Park, with a Walk Score of 92, and is south of the Sunset Strip. Beverly Hills, The Grove, boutiques, restaurants, and entertainment venues are within a 10-minute drive.

Key Highlights

  • Four‑unit apartment building plus detached single‑family home
  • 6,040 SF property on a 7,536‑square‑foot lot
  • R3 zoning with Tier 1 TOC designation

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Mobile Phone Store Supermarket Adult Day Care

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

5,108
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - R3-zoned multifamily property with gated access, shared parking, and a detached single-family residence.
Where is this apartment building located?
The property is located at 7401 Fountain Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,149,000.
What are key features of this property?
This property features: Four‑unit apartment building plus detached single‑family home; 6,040 SF property on a 7,536‑square‑foot lot; R3 zoning with Tier 1 TOC designation
More about this property
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