7550 Fountain Ave
7550 Fountain Ave
7550 Fountain Ave
7550 Fountain Ave
7550 Fountain Ave
7550 Fountain Ave
7550 Fountain Ave
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$4,200,000

7550 Fountain Ave

14 Beds 14 Baths 8,390 Sq.Ft.

Description

This exceptional investment opportunity is situated in the prime location of West Hollywood. The building comprises four spacious 2-bedroom, 2-bathroom units and six 1-bedroom, 1-bathroom units. Currently generating an annual income of $261,042, this property holds substantial income potential. There is immediate income upside with one recently updated 2-bedroom, 2-bathroom unit vacant on the upper floor, which can conservatively be projected to rent at $2,985 per month. Additionally, one 1-bedroom and 1-bathroom unit on the ground floor is currently vacant, with a projected monthly rental income of $2,200 per month. Located just moments away from the vibrant Sunset Strip, the coveted Norma Triangle neighborhood, the bustling Melrose shopping district, and the iconic Hollywood Walk of Fame, this property offers not only an attractive investment but also the allure of the West Hollywood lifestyle. Don't miss out on this outstanding investment opportunity!

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Location

7550 Fountain Ave, West Hollywood, CA 90046

Status

For Sale

Property Amenities

View additional property information below.
Interior
Total Bedrooms: 14
Area & Lot
Lot Area 6,853 Sq.Ft.
Living area 8,390 Sq.Ft.
MLS® ID 23-306965
Year Built 1958
Type Multi-Family
Status For Sale
Exterior
Air conditioning Ceiling Fan, Wall/Window
Heat type Wall, Other
Other Exterior Features None
Parking Assigned, Covered Parking
Finance
Sales Price $4,200,000

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