For Sale
5666 Fountain Avenue, Los Angeles, CA 90028
  • $2,850,000
  • $520


Property ID: HZ9360880
  • Residential Income
  • Property Type
  • 12
  • Bedrooms
  • 8
  • Bathrooms
  • 5476.00
  • Sqft
  • 1955
  • Year Built


I am pleased to present for sale 5666 Fountain Avenue, an 8-unit apartment building, located in the heart of Los Angeles’ Hollywood neighborhood. As one of Los Angeles’ most densely populated neighborhoods, this submarket’s popularity has grown significantly over recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the immediate gentrifying area, the location has been catering to catering to families, young professionals and artists alike in recent years. The location of the asset is also considered “Very Walkable” with an 86 Walk Score and is situated a short distance from highly desirable dining and entertainment options.5666 Fountain Avenue currently consists of four one-bedroom units and four two-bedroom units. The property has Central AC/Heat and the roof was done in 2015. With all eight units being delivered vacant, new ownership will have the opportunity to renovate and achieve additional rental premiums immediately. The subject property allows an investor to acquire a well-located apartment asset with the unique ability to immediately renovate and re-tenant the property. Income and Expenses are based entirely off projections and do not represent the current performance of the property.

  • Address 5666 Fountain Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90028
  • Area C20 - Hollywood
  • Country United States


Updated on July 26, 2023 at 5:20 pm
  • Property ID: HZ9360880
  • Price: $2,850,000
  • Property Size: 5476.00 Sqft
  • Land Area: 7500.00 Sqft
  • Bedrooms: 12
  • Bathrooms: 8
  • Year Built: 1955
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5476.00
  • Living Area Prefix: Sqft
  • MLS#: 23283179
  • Office Name: MARCUS & MILLICHAP
  • Agent Name: Sean Rosenzweig
  • MLS Status: Active
  • Co-Office Name: Compass
  • Co-Agent Name: Christine Agopian
  • Agent State License: 01406343
  • Co-Agent State License: 01978535

Additional details

  • County: Los Angeles
  • Parking: 8.00

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Lianna Shahinyan
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