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7513 Fountain Ave
Los Angeles, CA 90046
The Elizabeth · Multifamily Property For Sale
·
75 Units
Investment Highlights
- Rare Opportunity to Own 75 Units Adjacent to WeHo! Google Maps Identifies the Location as in WeHo, but it is Actually Across the Street!
- Spacious Units Averaging Approximately 387 SF for Studio Units, 717 SF for One-Bedroom Units & 1,112 SF for Two-Bedroom Units!
- Approximately Half of the Units Feature Equipped Kitchen, Quartz Countertops, Wood Floors, AC, Washer & Dryer, Dishwasher, Large Windows & Balconies!
- Excellent Unit Mix Composed of Studios, One-Bedrooms & Two- Bedrooms!
- Property Amenities Include Gated Entry, a Heated Pool, On-Site Laundry, Secured Parking, Parcel Lockers, Elevators & an Updated Lobby!
- Opportunity for a Qualified Borrower to Assume Long Term, Very Low 2.815% Interest Rate Fannie Debt!
Property Facts
| No. Units | 75 | Lot Size | 0.65 AC |
| Property Type | Multifamily | Building Size | 68,066 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1973 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 68,066 SF |
| No. Stories | 4 |
| Year Built | 1973 |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Tile Floors
- Granite Countertops
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Security System
- Recycling
- Wi-Fi
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | $2,022 | 387 |
| 1+1 | 55 | $2,142 | 717 |
| 2+2 | 5 | $2,489 | 1,112 |
Property Taxes
| Parcel Number | 5550-024-024 | Improvements Assessment | $14,181,834 |
| Land Assessment | $12,018,504 | Total Assessment | $26,200,338 |
Property Taxes
Parcel Number
5550-024-024
Land Assessment
$12,018,504
Improvements Assessment
$14,181,834
Total Assessment
$26,200,338
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