For Sale
(MLS-listed)
$1,800,000
7624 FOUNTAIN Ave West Hollywood, CA 90046
| Beds: | 6 |
| Baths: | 5 |
| Sq. Ft.: | 9,508 |
| $/Sq. Ft.: | $189 |
| Lot Size: | 6,996 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | Contemporary |
| Year Built: | 1961 |
| Community: | West Hollywood Vicinity |
| County: | Los Angeles |
| MLS#: | 09-354877 |
| Source: | TheMLS |
| Status: | Active |
| On Redfin: | 258 days |
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REDUCED! PRIME WEST HOLLYWOOD GOLD MINE. IN GREAT CONDITION 10 UNIT APARTMENT BUILDING. CURRENTLY A GOOD SOURCE OF INCOME WITH NO VACANCIES. HUGE UPSIDE DOWN IN CURRENT RENT ROLL WITH MUCH POTENTIAL. WILL MAKE A RIGHT INVESTOR VERY HAPPY WITH A LOT OF MONEY AFTER RENT INCREASE. CALL LISTING AGENT FOR MORE INFO. PROPERTY CENTRALLY LOCATED BETWEEN SANTA MONICA BLVD. AND SUNSET BLVD. EAST OF FAIRFAX AVE. AND WEST OF LA BREA BLVD.
Equipment
- Cable TV
Parking Information
- # of Parking Spaces (Total): 10
- # of Covered Spaces: 10
- Garage is Attached
- Underground
- Gated
Multi-Family Information
- # of Buildings: 1
- Owner Pays Gardener
- Tenant Pays Electricity
- Tenant Pays Gas
- Rent Control
Unit 3 Information
- Number: 2
- # of Beds: 3
- # of Baths: 2
- Monthly Rent: $2,901.55
Location Information
- Driving Directions: North of Santa Monica Blvd. and East of Fairfax Ave.
Expense Information
- Total Annual: $25,193
- Electric: $660
- Gardener: $1,225
- Insurance: $4,215
- Gas: $2,185
- Maintenance: $7,158
- Other: $5,458
- Trash: $1,677
- Water: $2,617
Interior Features
- Phone System
Building Information
- Total Floors: 2
- Other Roof (See Remarks)
Unit 1 Information
- Number: 4
- # of Beds: 2
- # of Baths: 2
- Monthly Rent: $4,869.84
Lot Information
- Lot Size (Sq. Ft.): 6,996
- Lot Size Source: Vendor Enhanced
- Zoning: WDR2*
Property Information
- Square Footage Source: Vendor Enhanced
- Assessed Improvement Value: $441,480
- Tax Parcel Number: 5530004015
- Legal Disclosures: Seller Will Pay Section 1 Termite Costs
Listing Information
- MLS: CLAW
- Listing Terms: Cash To New Loan
- Listing Terms: Submit
Heating & Cooling
- Central Furnace
- Wall or Window Cooling Units
Community Features
- Units in Complex (Total): 10
Unit 2 Information
- Number: 4
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $2,790.46
Land Information
- Assessed Land Value: $294,318
Financial Information
- Net Operating Income: $101,548
- Adjusted Gross Income: $126,742
- Gross Operating Income: $126,742
- Gross Rent Multiplier: 14.10
Listing last changed
July 24, 2009, 2:01 PM
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Property History for 7624 FOUNTAIN Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Oct 24, 2009 | Relisted | -- | -- | TheMLS #09-354877 |
| Aug 31, 2009 | Delisted | -- | -- | TheMLS #09-354877 |
| Jul 25, 2009 | Price Changed | $1,800,000 | -- | TheMLS #09-354877 |
| Jul 25, 2009 | Relisted | -- | -- | TheMLS #09-354877 |
| May 18, 2009 | Price Changed | $1,900,000 | -- | TheMLS #09-354877 |
| May 07, 2009 | Price Changed | $1,950,000 | -- | TheMLS #09-354877 |
| Mar 13, 2009 | Listed | $2,299,999 | -- | TheMLS #09-354877 |
Public Facts for 7624 FOUNTAIN Ave
| Beds: | 16 |
| Baths: | 16.0 |
| Finished Sqft: | 9508 |
| Unfinished Sqft: | - |
| Total Sqft: | 9508 |
| Floors: | - |
| Lot Size: | 6,996 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1961 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 5530004015 |
| Last Updated: | November 17, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $306,208 |
| Additions | $459,315 |
| Total | $765,523 |
| Tax (2008) | $11,110 |
Home Value Estimates for 7624 FOUNTAIN Ave
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Link to this page at
http://www.redfin.com/CA/W-Hollywood/7624-Fountain-Ave-90046/home/7106428
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