5265 Fountain Ave Los Angeles, CA 90029

$1,475,014 Sold Price as of 05/16/2014

-- Beds
-- Baths
7,114 Sq.Ft.

Off Market

$1,475,014 Sold Price as of 05/16/2014 Refinance Your Mortgage

Map preview of 5265 Fountain Ave, Los Angeles, CA 90029

Property Overview: 5265 Fountain Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 7,114 living square feet and 5,783 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5265 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 $1,209,000. The median price per/sqft for Los Angeles is $771. 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 $241,800 for the down payment and will need roughly $24,180 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.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 5265 Fountain Ave

Last sold for $1,475,014 on May 16th, 2014

December, 2023
Dec 13, 2023

Date

Expired

CRMLS: 23305205

$2,750,000

Price
Aug 14, 2023

Date

Active

CRMLS: 23305205

$2,750,000

Price
Listing provided courtesy of CRMLS

I am pleased to offer for sale 5265 Fountain Avenue, a seven unit live/work apartment community with a commercial overlay allowance. The subject property is located on the Northeast corner of Fountain Avenue and North Harvard Boulevard in the heart of East Hollywood. It is ideally located three blocks east of the Interstate 101 Hollywood Freeway and one block south of Sunset Boulevard allowing tenants convenient access throughout Los Angeles.The subject property is located one half mile east of the former Sears site located at 5601 Santa Monica Boulevard where BARDAS Investment Group and Bain Capital plan to develop 600,000 square feet of sound and flex stages, private bungalow space, retail space and creative office space. The project is expected to occur over a 25-month period and could be completed by 2026.Situated on a 5,784 square foot lot, the property is comprised of seven extremely unique and highly sought-after live/work units. Select units have been thoroughly upgraded with in-unit washer/dryer, central HVAC and modern kitchens and finishes. Due to its 1986 construction, 5265 Fountain is not subject to Los Angeles City Rent Control, and is only subject to AB1482 State Rent Control. The property boasts a parking ratio of 1.7 with all parking spaces located behind a secured gate.5265 Fountain Avenue provides investors with a rare opportunity to acquire a 1980's constructed asset with a unique unit-mix and healthy income stream in a desirable East Hollywood submarket. *Subject property was initially constructed as a commercialbuilding, but property is zoned R3-1. Buyer to verifyallowable uses with the City.

Continue Reading
May, 2014
May 16, 2014

Date

Sold (Public Records)

Public Records

$1,475,014

Price
July, 2006
Jul 13, 2006

Date

Sold (Public Records)

Public Records

$372,500

Price

Tax History for 5265 Fountain Ave

Assessed Value (2020): $1,653,317

Year	Land Value	Improved Value	Assessed Value
2020	$840,670	$812,647	$1,653,317

About 5265 Fountain Ave

Detailed summary of property

5265 Fountain Ave is categorized with a use code of Office Bldg (General) in Los Angeles, CA 90029 and last sold on May 16, 2014 for $1,475,014. This property has -- bedrooms, -- bathrooms, roughly 7,114 living square feet, and sits on an approximately 5,783 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 31.7% higher than the current median priced home. 5265 Fountain Ave was last sold on May 16, 2014 for $1,475,014. Local nearby listings include 935 N Kingsley Dr, 5447 Barton Court and 1746 N Garfield Pl #303. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 5265 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 5265 Fountain Ave

Public county record property details

Beds: --
Baths: --
Year built: 1986
Sq. Ft.: 7,114
Lot Size: 5,783
Stories: 1

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: 64
APN: 5544-036-032

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%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote