6154 Fountain ave, Hollywood , CA 90028
Pending
$1,669,000
6 Units
8 Beds
6 Baths
5,242 Area(sq.ft.)
Lot: 6,710 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | P1-22098PF |
| Days On Market: | 577 |
| Listing Date: | May 7, 2024 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 318 |
| Price per unit: | $ 278,167 |
| Year Built: | 1940 |
Property Details
OPPORTUNITY! Investors look no further! FINANCING AVAILABLE! Come see this charming Hollywood Manor style apartment complex of 6 UNITS in a beautiful area of Hollywood. Ready to add to your portfolio! - this 6 unit (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located! 6-UNIT HOLLYWOOD APARTMENT - REDUCED OVER $150K!!! MOVE-IN READY 1-2 VACANT UNITS! LIVE IN RENT THE OTHERS!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 15,264 |
| Net Operating Income: | $ 101,814 |
| Cap Rate: | 5.43% |
| Gross Rent Multiplier: | 16.01 |
Structure
| Community Features: | Street Lights, Urban, Sidewalks |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector, Window Bars |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Garage - 1 Car |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | None |
| Fireplace Rooms: | None |
| Laundry: | None |
Exterior
| Exterior Construction: | Plaster |
| Pool: | No |
| Roof: | Composition, Shingle |
| Spa: | No |
Detailed Map
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