Hollywood, CA 90028 6154 Fountain Avenue
$1,650,000
43 more
Presented By: Christian Gastelum with Premier Properties of Pasadena - (909) 226-9190
- MLS# P122098
- 05/07/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 6
SQFT • 5,242
Garage • 6
Home Details
6 UNITS (2 delivered VACANT; 2 more possible delivered VACANT as 'cash-for keys' negotiable; 4 VACANT possible) MUCH HIGHER CASHFLOW! ...in a beautiful area of Hollywood. ADU Possible! (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located! 6-UNIT HOLLYWOOD APARTMENT - REDUCED OVER $150K!!! MOVE-IN READY 1-2 VACANT UNITS! LIVE IN RENT THE OTHERS!
Presented By: Christian Gastelum with Premier Properties of Pasadena - (909) 226-9190
Interior Features for 6154 Fountain Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Ceramic Counters, Crown Molding
Laundry FeaturesNone
Total Stories2
Window FeaturesBay Window(s), Garden Window(s)
Other Rooms
Room TypeKitchen, Living Room
General for 6154 Fountain Avenue
AccessibilityParking
AppliancesGas Range
Cap Rate5.43
CityHollywood
Community FeaturesStreet Lights, Sidewalks, Urban
Construction MaterialsPlaster
CoolingWall/Window Unit(s)
CountyLos Angeles
Current FinancingNone
DirectionsHollywood & Vine, head south to Fountain Ave, make a left.Santa Monica Blvd & Vine head north to Fountain, make a left.
DisclosuresHistorical, Rent Control
Electric Expense119
Facing DirectionNorth
Fuel Expense80
Garage Spaces6
Garage Y/NYes
Gross Income117078
HOA Fee$
Insurance Expense2874
Land Lease Y/NNo
LevelsTwo
Lot Size Square Feet6710
Lot Size UnitsSquare Feet
MLS AreaC20 - Hollywood
Net Operating Income101814
Number Of Units Total6
Operating Expense15264
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property ConditionRepairs Cosmetic
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Subdivision NameNot Applicable
Tax Lot1210
Tenant PaysCable TV, Electricity, Gas, Telephone
Trash Expense1500
ViewNone
Water Sewer Expense3500
Year Built1940
Year Built SourcePublic Records
Exterior for 6154 Fountain Avenue
Building Area Total5242
Exterior AmenitiesAwning(s)
FencingChain Link
Foundation DetailsRaised
Lot FeaturesCorner Lot, Front Yard, Near Public Transit, Sprinklers None
Lot Size Acres0.154
Lot Size Area6710
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Parking FeaturesAssigned, Asphalt, Door-Single, Garage
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate