4110 Fountain Ave Active

Los Angeles,CA 90029

$ 1875000

8 Beds

4.5 Baths

3516 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,516 sqft

Price per Sqft $533

MLS Listing ID 24-452601

Style French Normandy

Bedrooms 8

Year Built 1928

Lot Size 2,422 Sqft

Property Description

Welcome to this BEAUTIFUL TURN-KEY 4-PLEX in the heart of SILVERLAKE! This French Normandy building is being sold with 3 FULLY-REMODELED and VACANT units! Located in one of the most PREMIUM RENTAL MARKETS in LA, this charming 1920s 4-PLEX sits a stones-throw away from coffee shops like INTELLEGENCIA, LA COLOMBE and CAFE STELLA as well as major grocery stores like EREWHON, WHOLE FOODS and TRADER JOES. Everything is within walking distance. This is a SECOND-TO-NONE building nested at the exact INTERSECTION OF SILVERLAKE, LOS FELIZ AND EAST HOLLYWOOD, just two blocks away from SUNSET JUNCTION. Take a stroll at Golden Hour over to your favorite restaurant, or grab some ice cream at SALT 'n STRAW. NO DRIVING NECESSARY. Rental Demand is EXTREMELY HIGH, with major employers like NETFLIX, KAISER and several MAJOR STUDIOS just minutes away. This building is IN COMPLIANCE with all earthquake structural requirements as part of the City of Los Angeles ordinances. The roof is less than a decade old and has been inspected. ALL UNITS have SEPARATE METERS for gas and electrical. Three out of four units have been TASTEFULLY UPGRADED with NEW KITCHENS, FLOORING and ELECTRICAL PANELS. All plumbing is a combination of COOPER and PVC. The building has been diligently maintained and has LAUNDRY ON-SITE. Minimal upkeep and maintenance make this an unparalleled CASH COW for NEW-OWNERSHIP. There are not too many buildings in this area with as much PRIDE OF OWNERSHIP and immediate CASHFLOW POTENTIAL. Come see this WONDERFUL OPPORTUNITY before its gone!

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Hardwood, Ceramic Tile

Fireplaces Type None

Equipment Ceiling Fan, Range/Oven, Garbage Disposal

Laundry Laundry Area

Exterior

Parking Features On street

Pool None

View Y/N Yes

View Hills

Roof Type Flat

Building

Lot Description 2-4 Lots

Story 2

Foundation Slab

Water District

Others

Special Listing Condition Standard

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