$2,500,000
 $13,421 est/mo Sourced by Back At You

5253 Fountain Avenue,Los Angeles, CA 90029

Los Angeles, CA 90029

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Description

Rare opportunity to own a well-maintained 5-unit income property in the heart of Los Angeles! The property offers a total of 3,042 square feet, 8 uncovered parking spaces, and an attractive unit mix consisting of 2 three-bedroom/1-bath units, 1 two-bedroom/1-bath unit, and 2 one-bedroom/1-bath units. All units were upgraded approximately four months ago and feature refreshed interiors, updated flooring, bright kitchens with white cabinetry, modern hardware, and ceiling fans. The property offers a functional layout with ample parking and strong rental potential. Ideally located near shops, dining, entertainment, and major Los Angeles destinations, this is an excellent opportunity for an investor seeking a recently upgraded multi-unit property in a desirable Los Angeles location.

Details

MLS #GD26180880
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1919
Days On Site9
Listing Provided ByJohnHart Real Estate | Charlie Kachian

Features

SQ Feet3,042
Story(s)1
Units5
Building(s)2
Acreage0.23

Interior

CoolingCentral Air
Cooling Yes / NoYes
Interior FeaturesCeiling Fans, High Ceilings, Quartz Counters
Fireplace Yes / NoNo

Exterior

Lot FeaturesTwo To Five Units Acre

Parking

Parking FeaturesUncovered
Garage Yes / NoNo

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$2,500,000
low | high
Med:
$1,750,000
80% of Average
sqft:
3,042
low | high
Med:
7,691
100% of Average
$ / sqft:
$822
low | high
Med:
$228
100% of Average
On site:
9
low | high
Med:
3
100% of Average
Sourced by Back At You

Market Activity 90029

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$2,500,000
low | high
Med:
$1,750,000
80% of Average
sqft:
3,042
low | high
Med:
7,691
100% of Average
$ / sqft:
$822
low | high
Med:
$228
100% of Average
On site:
9
low | high
Med:
3
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.875M - $3.125M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
3901 De Longpre Avenue Property Photo 1
$1,020,000
3901 De Longpre Avenue
Los Angeles, CA 90027
Listing Updated: August 21, 2026 at 10:15:27 PM PDT