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4257 Fountain Ave, Los Angeles, CA 90029
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4257 Fountain Ave Los Angeles, CA 90029

$845,000 Sold Price as of 01/26/2022
  • 2 Beds
  • 2 Baths
  • 1,152 Sq.Ft.
Sold
$845,000 Sold Price as of 01/26/2022 Refinance Your Mortgage
Map preview of 4257 Fountain Ave, Los Angeles, CA 90029

Property Overview: 4257 Fountain Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,152 living square feet and 1,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is your chance to invest in a duplex with one vacant unit, making it the perfect opportunity for an owner-user. Why buy a condo when you could buy this duplex and have your tenant pay half of your mortgage! Live here for a few years while you save for your next place, then rent your unit and have a cash flowing asset! As an owner-user you don't have to put as much money down as if you're buying an investment property, so this is your perfect chance to stop paying rent, get in to the real estate market, and start building your portfolio! Don't want to owner-occupy and just want to invest? This property has a history of great tenants, and fetches top rent! Each unit has its own private outdoor space which is perfect for pets, gardening or enjoying time in the sun! All appliances are included, and each unit has its own stackable washer/dryer. Beautifully refinished hardwood floors, fresh paint, and vintage claw-foot tubs make this well cared for property the hidden gem you've been searching for. To top it off, parking is a breeze with plenty of space on Fountain and neighboring side streets! You're in the heart of Silver Lake - close to Sunset Junction, bars, restaurants, yoga, coffee and more. Here's your chance to pick up a nice piece of LA real estate!

Listed by Jessica Miller | BRE #01906205 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: January 4th, 2024 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
1,800
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21788694
City
Los Angeles
County
Los Angeles
Time on Site
938 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: 16.8
  • Gross Scheduled Income: --
  • Net Operating Income: $32,718
  • Gross Operating Income: $50,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4257 Fountain Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Kitchen, Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Oven, Range
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5430031017
  • Architectural Style: Cottage
  • Entry Level: 1
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Heading North on Sunset, Turn Right on Fountain Ave. Property is on the Left.
View more facts & features

Local Los Angeles Agent

Sale History for 4257 Fountain Ave

Last sold for $845,000 on January 26th, 2022

  • January, 2022

  • Jan 26, 2022

    Date

    Sold

    CRMLS: 21788694

    $845,000

    Price

  • Sep 30, 2021

    Date

    Active

    CRMLS: 21788694

    $849,000

    Price

  • August, 2021

  • Aug 13, 2021

    Date

    Active

    CRMLS: 21769796

    $899,000

    Price

  • Aug 7, 2021

    Date

    Coming Soon

    CRMLS: 21769796

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    This is your chance to invest in a duplex with one vacant unit, making it the perfect opportunity for an owner-use. Why buy a condo when you could buy this duplex and have your tenant pay half your mortgage! Live here for a few years while you save for your next place, then rent your unit and have a cash flowing asset! As an owner-user you don't have to put as much money down as if you're buying an investment property, so this is your perfect chance to stop paying rent, get in to the real estate market, and start building your portfolio! Don't want to owner-occupy and just want to invest? This property has a history of great tenants, and fetches top rent! Each unit has its own private outdoor space which is perfect for pets, gardening or enjoying time in the sun! All appliances are included, and each unit has its own stackable washer/dryer. Beautifully refinished hardwood floors, fresh paint, and vintage claw-foot tubs make this well cared for property the hidden gem you've been searching for. To top it off, parking is a breeze with plenty of space on Fountain and neighboring side streets! You're in the heart of Silverlake - close to Sunset Junction, bars, restaurants, yoga, coffee and more. Here's your chance to pick up a nice piece of LA real estate!

  • November, 2020

  • Nov 6, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 30, 2020

    Date

    Leased

    CRMLS: 20602272

    $2,000

    Price

  • Jul 29, 2020

    Date

    Pending

    CRMLS: 20602272

    $2,000

    Price

  • Jul 25, 2020

    Date

    Price Change

    CRMLS: 20602272

    $2,000

    Price

  • Jul 10, 2020

    Date

    Active

    CRMLS: 20602272

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    Charming 1920s cottage in Los Feliz, at the border of Silverlake! Come home to your own gated sanctuary, complete with private entrance and private outdoor space- perfect for a pet, sitting in the sun, grilling or gardening! This 1 bed, 1 bath unit has two entrances and tons of light pouring in from windows on three sides! The spacious kitchen features a gas stove, dishwasher, full-size refrigerator and original built ins, with direct access to the side yard. Your own in-unit washer-dryer means you never have to go to the laundry mat again! The freshly painted white walls throughout the house pair well with the newly refinished hardwood floors! Relax in your claw-foot bathtub in your bright and breezy bathroom with built in storage and black and white tiled floors! Plenty of parking for tenants and guests on both sides of Fountain and adjacent side streets! You've found home, and it's perfect!

  • June, 2019

  • Jun 4, 2019

    Date

    Leased

    CRMLS: 19467230

    $2,100

    Price

  • Jun 3, 2019

    Date

    Pending

    CRMLS: 19467230

    $2,000

    Price

  • May 28, 2019

    Date

    Active

    CRMLS: 19467230

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Charming 1920s cottage in Los Feliz, at the border of Silverlake! Come home to your own gated sanctuary, complete with private entrance and private outdoor space- perfect for a pet, sitting in the sun, grilling or gardening! This 1 bed, 1 bath unit has two entrances and tons of light pouring in from windows on three sides! The spacious kitchen features a gas stove, dishwasher, full-size refrigerator and original built ins, with direct access to the side yard. Your own in-unit washer-dryer means you never have to go to the laundry mat again! A fresh grey and white color scheme throughout the house is relaxing, and pairs well with the warm hardwood floors! Relax in your claw-foot bathtub in your bright and breezy bathroom with built in storage and black and white tiled floors! Plenty of parking for tenants and guests on both sides of Fountain and adjacent side streets! You've found home, and it's perfect!

  • August, 2017

  • Aug 7, 2017

    Date

    Leased

    CRMLS: 17256218

    $1,900

    Price

  • Jul 31, 2017

    Date

    Active

    CRMLS: 17256218

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    Charming 1920s cottage in Los Feliz, at the border of Silverlake! Come home to your own gated sanctuary, complete with private entrance and private outdoor space- perfect for a pet, sitting in the sun, grilling or gardening! This 1 bed, 1 bath unit has two entrances and tons of light pouring in from windows on three sides! The spacious kitchen features a gas stove, dishwasher, full-size refrigerator and original built ins, with direct access to the side yard. Your own in-unit washer-dryer means you never have to go to the laundry mat again! A fresh grey and white color scheme throughout the house is relaxing, and pairs well with the warm hardwood floors! Relax in your claw-foot bathtub in your bright and breezy bathroom with built in storage and black and white tiled floors! Plenty of parking for tenants and guests on both sides of Fountain and adjacent side streets! You've found home, and it's perfect!

  • June, 2017

  • Jun 12, 2017

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 4257 Fountain Ave

Assessed Value (2020): $716,315
Year Land Value Improved Value Assessed Value
2020 $583,664 $132,651 $716,315

Home Value Compared to the Market

This property vs the competition

4257 Fountain Ave sold on January 26, 2022 for 19.14% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $736.98 per/sqft which puts the price per square foot 0.14% lower than the current median sale per square foot for the city of Los Angeles.

About 4257 Fountain Ave

Detailed summary of property

4257 Fountain Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,152 living square feet, and sits on an approximately 1,800 square foot lot. 4257 Fountain Ave was first listed on ArdentRealEstateGroup.com on October 1, 2021. The homeowner sold the property for $845,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.14% lower than the current median priced home. Local homes that are currently for sale include 1805 W 5th St, 1125 S Lake St and 1835 W 12th St. While the average home in Los Angeles, CA is selling in 97 days, 4257 Fountain Ave has a days on market of 83 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 4257 Fountain Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4257 Fountain Ave

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,152
Lot Size
1,800
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5430-031-017

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,150,000
Median List Price/Sq.Ft.
$817
Median Sold Price
$711,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
27
Median Sale to List Price %
102.3%
Avg Days on Market
8
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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