West Hollywood, CA 90046,7504 Fountain Ave
West Hollywood, CA 90046,7504 Fountain Ave
West Hollywood, CA 90046,7504 Fountain Ave
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$ 2,799,000
Est. payment | /mo

6 Beds

4 Baths

3,945 SqFt


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$ 2,799,000
Est. payment | /mo
Save

6 Beds

4 Baths

3,945 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,945 sqft

Price per Sqft $709

MLS Listing ID 25583427

Style Cottage

Bedrooms 6

Year Built 1917

Lot Size 7,021 Sqft

Acres 0.1612

Property Sub-Type Multi-Family

Property Description

First-time on the market in 27 Years! A rare repositioning and development opportunity situated in the heart of West Hollywood. This existing triplex is comprised of a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, a 1-bedroom, 1-bathroom unit and 1,000 s.f. storage, set on a 7,002 square foot lot. Delivered vacant at close of escrow, the property provides flexibility for an owner-user or investor offering the ability to renovate and lease the existing three units or pursue new development opportunities such adding 3 ADUs, a 35-unit affordable housing, or a 10-bed assisted living facility (Buyer to verify). Situated within the City of West Hollywood's Fountain Avenue Streetscape Project, the property stands to benefit from significant area enhancements designed to improve walkability, landscaping, and neighborhood character. A true value-add opportunity to acquire a vacant triplex or exceptional development site within one of Los Angeles' most dynamic communities.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning WDR2*

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features Driveway, On street

Building

Story 2

Architectural Style Cottage

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by GNZ Inc.
KiKi Freeman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 396-3918

admin@kikifreeman.com

2450 Colorado Ave, Santa Monica, California, 90404, USA

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7504 Fountain Ave