Search
5662 Fountain Ave, Los Angeles, CA 90028
Image 2 for 5662 Fountain Ave, Los Angeles, CA 90028
Image 3 for 5662 Fountain Ave, Los Angeles, CA 90028
View Photos

5662 Fountain Ave Los Angeles, CA 90028

$2,695,000
  • 10 Beds
  • 8 Baths
  • 6,020 Sq.Ft.
For Sale
$2,695,000 Get Pre-Qualified
Map preview of 5662 Fountain Ave, Los Angeles, CA 90028

Property Overview: 5662 Fountain Ave Los Angeles, CA has 10 bedrooms, 8 bathrooms, 6,020 living square feet and 7,502 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: The Fountain Apartments were built in 1953 and feature 8 units within the two-story complex. The property is centrally located in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the endless restaurants and cafes. With a walk score of 86, the Fountain Apartments would be ideal for many of today’s renters just looking to be able to walk down the block for a cup of coffee at the nearby Starbucks. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units have been very well maintained and include several upgrades such as flooring and lighting. In addition, the property’s roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the liveliness of Hollywood.

Listed by Jack Baboudjian | BRE #01372116 | Baboudjian Properties Inc.
Last checked: 8 minutes ago | Last updated: January 17th, 2024 | Source CRMLS | DOM: 82
Get a $8,085 Cash Reward New

Buy this home with Ardent Real Estate Group and get $8,085 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Apartment
Status
Active
MLS#
GD24010253
City
Los Angeles
County
Los Angeles
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,697
  • Total Rent: $1,697
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,079
  • Total Rent: $2,079
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,038
  • Total Rent: $1,038
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,767
  • Total Rent: $1,767
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,317
  • Total Rent: $1,317
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,685
  • Total Rent: $1,685
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,453
  • Total Rent: $1,453
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,470
  • Total Rent: $1,470
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $150,133
  • Net Operating Income: $100,314
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $49,819
  • Electric: $717
  • Gas/Fuel: $63
  • New Taxes: $33,687
  • Trash: $3,290
  • Gardener: $1,080
  • Insurance: $3,486
  • Maintenance: $5,000
  • Professional Management: $0
  • Water/Sewer: $2,485

Open Houses for 5662 Fountain Ave

No upcoming open houses

Schedule Tour

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 5662 Fountain Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 5536002021
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Santa Monica Blvd. and Hollywood Blvd., near the corner of Wilton Pl.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 5662 Fountain Ave

Last sold on August 13th, 2013

  • January, 2024

  • Jan 17, 2024

    Date

    Active

    CRMLS: GD24010253

    $2,695,000

    Price

  • August, 2013

  • Aug 13, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2010

  • Apr 13, 2010

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

Show More

Tax History for 5662 Fountain Ave

Assessed Value (2020): $1,075,616
Year Land Value Improved Value Assessed Value
2020 $645,244 $430,372 $1,075,616

Home Value Compared to the Market

This property vs the competition

5662 Fountain Ave is listed 115.77% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $447.67 per/sqft which puts the price per square foot 42.01% lower than the median price per square foot for the city of Los Angeles.

About 5662 Fountain Ave

Detailed summary of property

5662 Fountain Ave is a apartment located in Los Angeles, CA 90028 and is currently for sale. This apartment offers 10 bedrooms, 8 bathrooms, roughly 6,020 living square feet, and sits on an approximately 7,502 square foot lot. 5662 Fountain Ave was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $2,695,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 115.77% higher than the median priced home. Local competing homes currently for sale include 1425 N Normandie Ave, 803 N Kingsley Dr and 933 N Mariposa Ave. While the average home in Los Angeles, CA is selling in 97 days, 5662 Fountain Ave has a days on market of 82 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 5662 Fountain Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5662 Fountain Ave

Public county record property details
Beds
10
Baths
8
Year built
1953
Sq. Ft.
6,020
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5536-002-021

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,172,000
Median Sold Price/Sq.Ft.
$710
Total Inventory
34
Median Sale to List Price %
117.32%
Avg Days on Market
9
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Tour This Home

Buy with Ardent Real Estate Group and save $8,085.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $8,085 Cash Reward New

Buy this home with Ardent Real Estate Group and get $8,085 back.

Call/Text (714) 706-1823

Homes for Sale Near 5662 Fountain Ave

Nearby Homes for Sale

5700 La Mirada Ave, Los Angeles, CA 90038
$2,890,000
14 Beds
14 Baths
8445 Sq.Ft.
5700 La Mirada Ave
Los Angeles, CA 90038
5345 La Mirada Ave, Los Angeles, CA 90029
$2,500,000
12 Beds
10 Baths
8646 Sq.Ft.
5345 La Mirada Ave
Los Angeles, CA 90029
5380 Romaine St, Los Angeles, CA 90029
$2,750,000
20 Beds
16 Baths
8760 Sq.Ft.
5380 Romaine St
Los Angeles, CA 90029
1140 N Beachwood Dr, Los Angeles, CA 90038
$2,175,000
6 Beds
10 Baths
5343 Sq.Ft.
1140 N Beachwood Dr
Los Angeles, CA 90038
1610 Hobart, Los Angeles, CA 90027
$2,900,000
7 Beds
4 Baths
3639 Sq.Ft.
1610 Hobart
Los Angeles, CA 90027
1802 N Western Ave, Los Angeles, CA 90027
$2,695,000
10 Beds
10 Baths
6660 Sq.Ft.
1802 N Western Ave
Los Angeles, CA 90027
5017 Institute Pl, Los Angeles, CA 90029
$2,900,000
8 Beds
0 Baths
8080 Sq.Ft.
5017 Institute Pl
Los Angeles, CA 90029
1129 Lodi Pl, Los Angeles, CA 90038
$3,100,000
10 Beds
12 Baths
5212 Sq.Ft.
1129 Lodi Pl
Los Angeles, CA 90038

Recently Sold Homes Near 5662 Fountain Ave

5646 Fountain Ave, Los Angeles, CA 90028
$2,480,000 Last Sold Price
12 Beds
8 Baths
5864 Sq.Ft.
5646 Fountain Ave
Los Angeles, CA 90028
5663 Fountain Ave, Los Angeles, CA 90028
$2,880,000 Last Sold Price
20 Beds
8 Baths
6462 Sq.Ft.
5663 Fountain Ave
Los Angeles, CA 90028
5666 Fountain Ave, Los Angeles, CA 90028
$2,270,000 Last Sold Price
12 Beds
8 Baths
5476 Sq.Ft.
5666 Fountain Ave
Los Angeles, CA 90028
5667 Fountain Ave, Los Angeles, CA 90028
$2,580,000 Last Sold Price
13 Beds
12 Baths
7097 Sq.Ft.
5667 Fountain Ave
Los Angeles, CA 90028

Related Resources to 5662 Fountain Ave

New Listings in 90028
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call