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6 Units Hollywood
5965 Fountain Avenue, Hollywood, CA 90028
6 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 5,108 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Cap Rate:
- Gross Rent Multiplier:
- No. Stories:
- Year Built:
- Lot Size:
- 6,621 SF
- APN / Parcel ID:
- Listing ID
- Last Updated
- over 1 year ago
- 4 OF 6 UNITS FULLY RENOVATED - NEW KITCHENS / BATHS / ETC
- STRONG HOLLYWOOD RENTAL MARKET
- EXCELLENT UNIT MIX, 2 BEDROOMS & ONE BEDROOMS
- NO DEFERRED MAINTENANCE
- PARKING FOR 2-4 VEHICLES
- STRONG RENTAL UPSIDE
The Fountain Apartments is a 6 unit garden style community located on a corner lot in the Hollywood area at 5965 Fountain Avenue & 1302 Gordon Ave, Los Angeles 90028.
The property is sited on a +/- 6,621 SF lot and consists of 2 separate buildings including a 2+2 unit, a 2+1 unit and four (4) One Bed / One Baths. FOUR OF SIX UNITS HAVE BEEN EXTENSIVELY RENOVATED.
This is an exceptional offering for the astute investor who can realize strong current income in a robust rental market with strong drivers for future rent growth.
There is no smaller Hollywood investment opportunity like this on the market with these current financials and with future rental upside.
***DO NOT WALK PROPERTY WITHOUT EXCLUSIVE LISTING AGENT***
South of Sunset Bl and East of Gower on the corner of Fountain Ave and Gordon Ave. Across from Sunset Gower Studios.
Map of 5965 Fountain Avenue, Hollywood, CA 90028 (Los Angeles County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO