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5324 Fountain Avenue

Los Angeles (City), CA 90029
  • $1,600,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 25528785
UPDATED: 55 min ago
$1,600,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Ratings & Info

Listing Agent(s): Christian Crane of Nest Seekers (310-278-8861)


Description

This prime mixed-use property offers a rare investment opportunity with both immediate income and long-term development potential. Featuring two commercial storefront units with excellent street visibility and three fully occupied residential units in the rear, the property is ideally suited for an investor looking to generate rental income now while planning for future growth. Zoned for higher density, it presents the potential to be redeveloped into a 25-unit building (buyer to verify with the city), making it a strong value-add opportunity in a rapidly evolving area. With solid foot traffic, strong rental demand and flexible zoning, this property is a versatile asset perfect for investors seeking a high-upside project.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-20T11:27:44.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/163006344
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5324 Fountain Avenue Los Angeles (City), CA 90029

  • Price: $1,600,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 55 min ago
  • MLS #: 25528785
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1912
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
This prime mixed-use property offers a rare investment opportunity with both immediate income and long-term development potential. Featuring two commercial storefront units with excellent street visibility and three fully occupied residential units in the rear, the property is ideally suited for an investor looking to generate rental income now while planning for future growth. Zoned for higher density, it presents the potential to be redeveloped into a 25-unit building (buyer to verify with the city), making it a strong value-add opportunity in a rapidly evolving area. With solid foot traffic, strong rental demand and flexible zoning, this property is a versatile asset perfect for investors seeking a high-upside project.
Exterior Features

Open Parking Spaces 5 Parking Total 5

Interior Features

Heating Central Heating YN Yes

Property Features

Association Fee 0 Listing Agreement Seller Reserved Listing Service Full Service Property Sub Type Mixed Use Security Features Security Gate Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-20T11:27:44.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Christian Crane of Nest Seekers (310-278-8861)