7550 Fountain Avenue 7550 Fountain Avenue West Hollywood, California 90046 United States
7550 Fountain Avenue West Hollywood, California 90046 United States
$4,200,000
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This exceptional investment opportunity is situated in the prime location of West Hollywood. The building comprises four spacious 2-bedroom, 2-bathroom units and six 1-bedroom, 1-bathroom units. Currently generating an annual income of $261,042,...
- 14
- Bedrooms
- 8,390 Sq Ft.
- Interior
- .1573 Acres
- Exterior
- Residential Income
- Property type
- 1958
- Year Built
- 23306965
- Web Id
- 23306965
- MLS ID
- 239
- days ago
About 7550 Fountain Avenue
This exceptional investment opportunity is situated in the prime location of West Hollywood. The building comprises four spacious 2-bedroom, 2-bathroom units and six 1-bedroom, 1-bathroom units. Currently generating an annual income of $261,042, this property holds substantial income potential. There is immediate income upside with one recently updated 2-bedroom, 2-bathroom unit vacant on the upper floor, which can conservatively be projected to rent at $2,985 per month. Additionally, one 1-bedroom and 1-bathroom unit on the ground floor is currently vacant, with a projected monthly rental income of $2,200 per month. Located just moments away from the vibrant Sunset Strip, the coveted Norma Triangle neighborhood, the bustling Melrose shopping district, and the iconic Hollywood Walk of Fame, this property offers not only an attractive investment but also the allure of the West Hollywood lifestyle. Don't miss out on this outstanding investment opportunity!
Listing Courtesy of Yar Meshkaty, Coldwell Banker Realty, 01060780, Active
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Yar Meshkaty, Coldwell Banker Realty, 01060780, Active
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Dishwasher
- Refrigerator
features
- cooling
- Propane Heating
- Parking
- Assigned Parking
PROPERTY INFORMATION
- Appliances
- Dishwasher, Disposal, Refrigerator
- Cooling
- WallWindowUnits
- Heating
- WallFurnace
- Parking Description
- Assigned, Covered
INTERIOR
- Interior Features
- CeilingFans
ADDITIONAL INFORMATION
- Number of Units
- 10
Listing Courtesy of Coldwell Banker Realty