5217 Fountain Ave Los Angeles, CA 90029

$185,000 Sold Price as of 07/11/1997

5 Beds
5 Baths
3,440 Sq.Ft.

Off Market

$185,000 Sold Price as of 07/11/1997 Refinance Your Mortgage

Map preview of 5217 Fountain Ave, Los Angeles, CA 90029

Property Overview: 5217 Fountain Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,440 living square feet and 5,544 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5217 Fountain Ave is currently an off market home 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 $1,200,000. The median price per/sqft for Los Angeles is $768. 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 $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5217 Fountain Ave

Last sold for $185,000 on July 11th, 1997

March, 2016
Mar 17, 2016

Date

Price Change

CRMLS: 316002413

$1,372,000

Price
Listing provided courtesy of CRMLS

**Please do not disturb Tenants** We are pleased to present a commercial four-plex in the heart of Hollywood on the corner of Fountain Avenue and Kingsley Drive, just three blocks east of Western Avenue. This versatile property was originally a mixed-use commercial property and has 5 addresses; however the property is currently being used as a residential four-plex with an updated 3-bedroom 2-bath owner's unit, a 2-bedroom 1 bath unit and two 1-bedroom 1-bath units. Each of the units have a balcony area or a private serene yard where residence can enjoy tranquility within this bustling Hollywood neighborhood. The property benefits from recent upgrades including a roof which was re-done approximately 6-years ago; upgraded electrical which was done approximately 7 years ago and copper upgrades in plumbing throughout most of the property. The owner's unit will be vacant upon the close of escrow allowing a new owner to rent it at market rents or occupy as their own.

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July, 1997
Jul 11, 1997

Date

Sold (Public Records)

Public Records

$185,000

Price

Tax History for 5217 Fountain Ave

Assessed Value (2020): $270,090

Year	Land Value	Improved Value	Assessed Value
2020	$194,176	$75,914	$270,090

About 5217 Fountain Ave

Detailed summary of property

5217 Fountain Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on July 11, 1997 for $185,000. This property has 5 bedrooms, 5 bathrooms, roughly 3,440 living square feet, and sits on an approximately 5,544 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 83.48% lower than the current median priced home. 5217 Fountain Ave was last sold on July 11, 1997 for $185,000. Local nearby listings include 5666 W Lexington Ave #1, 1245 N New Hampshire Ave #4 and 1743 N Edgemont St #4. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 5217 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 5217 Fountain Ave

Public county record property details

Beds: 5
Baths: 5
Year built: 1921
Sq. Ft.: 3,440
Lot Size: 5,544
Stories: 1

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18,19
APN: 5544-038-036

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

$1,022,990

Median List Price/Sq.Ft.

$714

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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