5200 Fountain Ave, Los Angeles, CA 90029
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5200 Fountain Ave Los Angeles, CA 90029

$2,875
  • 0 Beds
  • 0 Baths
  • 950 Sq.Ft.
For Lease
$2,875 Get Pre-Qualified

Map preview of 5200 Fountain Ave, Los Angeles, CA 90029

Property Overview: 5200 Fountain Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 950 living square feet and 4,642 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime corner space with great frontage in the heart of East Hollywood close to Silver Lake/Echo Park/Los Feliz/ Korea Town & the major freeways. Ready for immediate move-in.

Listed by Daehong Park | BRE #01957505 | Keller Williams Larchmont
Last checked: 5 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 302

Home details

Lot Sq. Ft
4,642
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Condominium
Status
Active
MLS#
23271275
City
Los Angeles
County
Los Angeles
Time on Site
326 days

Open Houses for 5200 Fountain Ave

No upcoming open houses

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Property Details for 5200 Fountain Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Bathroom Information
  • # of Baths (Full): 0
  • # of Baths (1/2): 0
  • # of Baths (1/4): 1
  • # of Baths (3/4): 0
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Parcel Number: 5537013007
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Fountain Ave and N. Kingsley Dr.
View more facts & features

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Sale History for 5200 Fountain Ave

Last sold for $750,000 on February 22nd, 2017
  • April, 2024

  • Apr 10, 2024

    Date

    Canceled

    CRMLS: 24367073

    $2,875,000

    Price

  • Mar 10, 2024

    Date

    Active

    CRMLS: 24367073

    $2,875,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Developers/Investors/Creatives! Location!! Location! Location on the famed FOUNTAIN AVENUE IN PRIME EAST HOLLYWOOD. A slice of Greenpoint in a hipster neighborhood in the middle of everything, a stone's throw from Silverlake/Los Feliz/Echo Park & a short walk to Sunset Blvd. This amazing CORNER PROPERTY is zoned R3 with an extremely rare and valuable MIXED USE code which allows for RETAIL/OFFICE/RESIDENTIALS. INCREDIBLE DEVELOPMENT OPPORTUNITIES ABOUND either By-Right or with TOC Incentives. Buyer to verify.

  • April, 2024

  • Apr 10, 2024

    Date

    Canceled

    CRMLS: 24366895

    $2,875,000

    Price

  • Mar 10, 2024

    Date

    Active

    CRMLS: 24366895

    $2,875,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Developers/Investors/Creatives! Location!! Location! Location on the famed FOUNTAIN AVENUE IN PRIME EAST HOLLYWOOD. A slice of Greenpoint in a hipster neighborhood in the middle of everything, a stone's throw from Silverlake/Los Feliz/Echo Park & a short walk to Sunset Blvd. This amazing CORNER PROPERTY is zoned R3 with an extremely rare and valuable MIXED USE code which allows for RETAIL/OFFICE/RESIDENTIALS. INCREDIBLE DEVELOPMENT OPPORTUNITIES ABOUND either By-Right or with TOC Incentives. Buyer to verify.

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: 23277715

    $2,875

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: 23277715

    $2,875

    Price

  • Listing provided courtesy of CRMLS

    "PRIME RETAIL CORNER SPACE" with great frontage in the heart of East Hollywood close to Silver Lake/Echo Park/Los Feliz/ Korea Town & the major freeways. Ready for immediate move-in.

  • June, 2023

  • Jun 1, 2023

    Date

    Active

    CRMLS: 23271275

    $2,875

    Price

  • October, 2020

  • Oct 7, 2020

    Date

    Active

    CRMLS: 20642398

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    5200 Fountain Ave @ Kingsley. Prime Hollywood in the HIP SILVERLAKE/KOREAROWN. Nearby 101 & Target. $3,500 /NNN.

  • September, 2019

  • Sep 17, 2019

    Date

    Canceled

    CRMLS: SR19102695

    $1,785,000

    Price

  • Sep 17, 2019

    Date

    Withdrawn

    CRMLS: SR19102695

    $1,785,000

    Price

  • Jul 19, 2019

    Date

    Price Change

    CRMLS: SR19102695

    $1,785,000

    Price

  • May 3, 2019

    Date

    Active

    CRMLS: SR19102695

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    The subject site is surrounded by some of the most coveted submarkets in Los A ngeles such as Silver Lake, Echo Park and Los Feliz. The site is located along Fountain Boulevard in one of the most transformative streets in East Hollywood. The area is going through an enormous amount of re-investment and the transformation of this corridor is clear with new restaurants, newly built multi-family and a 75-unit mixed-use project under construction just a few steps away. This location is prone to become one of the most coveted corridors in the area as current restaurants, and retail shops continue to thrive. The subject property offers the opportunity to acquire an exceptionally located corner storefront with three units. A n investor has the ability to maximize rents by offering competitive market rents from the start. With retail rents trending over $3.50 PSF this investment opportunity has tremendous upside. A dditionally, the site is located in an Opportunity Zone and Enterprise Zone A ct Program/ Employment and Economic Incentive A ct Program allowing for further tax incentives.

  • September, 2019

  • Sep 17, 2019

    Date

    Canceled

    CRMLS: SR19098516

    $1,785,000

    Price

  • Sep 17, 2019

    Date

    Withdrawn

    CRMLS: SR19098516

    $1,785,000

    Price

  • Jul 19, 2019

    Date

    Price Change

    CRMLS: SR19098516

    $1,785,000

    Price

  • Apr 30, 2019

    Date

    Active

    CRMLS: SR19098516

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    The subject site is surrounded by some of the most coveted submarkets in Los Angeles such as Silver Lake, Echo Park and Los Feliz. The site is located along Fountain Boulevard in one of the most transformative streets in East Hollywood. The area is going through an enormous amount of re-investment and the transformation of this corridor is clear with new restaurants, newly built multi-family and a 75-unit mixed-use project under construction just a few steps away. This location is prone to become one of the most coveted corridors in the area as current restaurants, and retail shops continue to thrive. The subject property offers the opportunity to acquire an exceptionally located corner storefront with three units. An investor has the ability to maximize rents by offering competitive market rents from the start. With retail rents trending over $3.50 PSF this investment opportunity has tremendous upside. Additionally, the site is located in an Opportunity Zone and Enterprise Zone Act Program/ Employment and Economic Incentive Act Program allowing for further tax incentives.

  • July, 2018

  • Jul 20, 2018

    Date

    Canceled

    CRMLS: OC17247424

    $1,290,000

    Price

  • Jul 20, 2018

    Date

    Withdrawn

    CRMLS: OC17247424

    $1,290,000

    Price

  • Jun 20, 2018

    Date

    Active

    CRMLS: OC17247424

    $1,290,000

    Price

  • Jun 13, 2018

    Date

    Hold

    CRMLS: OC17247424

    $1,290,000

    Price

  • Dec 11, 2017

    Date

    Active

    CRMLS: OC17247424

    $1,290,000

    Price

  • Nov 10, 2017

    Date

    Hold

    CRMLS: OC17247424

    $1,290,000

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: OC17247424

    $1,290,000

    Price

  • Listing provided courtesy of CRMLS

    OWNER--USER--DEVELOPER ALERT!!!! R-3-zoned CORNER LOT in prime HOLLYWOOD location nearby Silverlake/Los Felix/Downtown/Korea Town available FOR SALE. There are currently 3 units of commercial spaces on the lot. A newly passed T.O.C. Ordinance would allow for 10 units on this lot! It's like getting TWO LOTS for the PRICE OF ONE! A feasibility study & tour will be available upon acceptance of an offer. Buyer to check with the City as well. LAND Value only and Sold AS-IS with no exceptions. The site is in the East Hollywood neighborhood also known as “Little Armenia” of Los Angeles which is neighboring Hollywood, Echo Park, Silver Lake and Los Feliz. Excellent 4,641 SF flat lot but can develop mixed-use with views of Griffith Observatory. The property is unentitled and can be delivered vacant. Buyer to verify with the city. Buyer to cooperate with 1031 tax deferred exchange at no cost to the buyer. The broker has not verified, and will not verify, any of the information contained here makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information.

  • February, 2017

  • Feb 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

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Tax History for 5200 Fountain Ave

Assessed Value (2020): $795,906
Year Land Value Improved Value Assessed Value
2020 $530,604 $265,302 $795,906

Home Value Compared to the Market

This property vs the competition

5200 Fountain Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment.

About 5200 Fountain Ave

Detailed summary of property

5200 Fountain Ave is a condominium for lease located in Los Angeles, CA 90029. This condo offers -- bedrooms, -- bathrooms, roughly 950 living square feet, and sits on an approximately 4,642 square foot lot. 5200 Fountain Ave was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner is currently asking $2,875. Local homes that are currently for sale include 5125 Harold Way #303, 1324 N Kenmore Ave and 1624 N Normandie Ave #A. While the average home in Los Angeles, CA is selling in 97 days, 5200 Fountain Ave has a days on market of 302 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 lease at 5200 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 5200 Fountain Ave

Public county record property details
Beds
--
Baths
--
Year built
1920
Sq. Ft.
2,518
Lot Size
4,641
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
56,57
APN
5537-013-007

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
$1,199,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$711,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
32
Median Sale to List Price %
102.3%
Avg Days on Market
8
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 5200 Fountain Ave

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.