7550 Fountain Avenue, West Hollywood, CA 90046
-
Listed Price :
$4,200,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1958
Property 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!
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Features |
Ceiling Fan(s) |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
7550 Fountain Avenue |
City |
West Hollywood |
State |
CA |
Zip |
90046 |
County |
Los Angeles |
Listing Agent |
Yar Meshkaty DRE #01060780 |
Courtesy Of |
Coldwell Banker Realty |
List Price |
$4,200,000 |
Status |
Hidden |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
6,853 |
Year Built |
1958 |
Listing information courtesy of: Yar Meshkaty, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 30th, 2024 at 7:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.