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7550 Fountain Ave 10 Unit Apartment Building $3,795,000 ($379,500/Unit) West Hollywood, CA 90046
Executive Summary
7550 Fountain Avenue presents a well-located 10-unit multifamily investment in the heart of West Hollywood. The property features a desirable unit mix of six 1-bedroom/1-bath units and four 2-bedroom/2-bath units, offering broad rental appeal. Gated access, on-site laundry, and parking enhance day-to-day functionality, while a combination of updated and original units provides both immediate income and clear value-add potential. Ideally positioned near the Sunset Strip and the shopping and dining along Melrose Avenue, this asset benefits from strong tenant demand, excellent walkability, and long-term market fundamentals. A compelling opportunity to acquire a stable, centrally located property in one of West Hollywood’s most enduring rental corridors.
Do not disturb tenants. Showings by appointment only. Broker/Agent does not guarantee the accuracy of bedroom/bathroom count, square footage, lot size, or other information regarding the condition or features of the property. Buyer and Buyer’s Agent to independently verify all information.
Do not disturb tenants. Showings by appointment only. Broker/Agent does not guarantee the accuracy of bedroom/bathroom count, square footage, lot size, or other information regarding the condition or features of the property. Buyer and Buyer’s Agent to independently verify all information.
Property Facts
| Price | $3,795,000 | Building Class | A |
| Price Per Unit | $379,500 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 9,444 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1958 |
| Apartment Style | Low-Rise | ||
| Zoning | WDR2* - Two-Family Dwellings | ||
| Price | $3,795,000 |
| Price Per Unit | $379,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.16 AC |
| Building Size | 9,444 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Zoning | WDR2* - Two-Family Dwellings |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Refrigerator
Site Amenities
- Laundry Facilities
- Gated
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 700 - 750 |
| 2+2 | 4 | - | 950 - 1,050 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5530-005-002 | Improvements Assessment | $2,157,789 |
| Land Assessment | $1,352,520 | Total Assessment | $3,510,309 |
Property Taxes
Parcel Number
5530-005-002
Land Assessment
$1,352,520
Improvements Assessment
$2,157,789
Total Assessment
$3,510,309
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7550 Fountain Ave
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