Hollywood, CA 90028 6154 Fountain Avenue
$1,650,000
43 more
Presented By: Christian Gastelum with Premier Properties of Pasadena; chris.premierpasadena@gmail.com
- 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 • 2
Baths • 1
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; chris.premierpasadena@gmail.com
Interior Features for 6154 Fountain Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans, CeramicCounters, CrownMolding
Laundry FeaturesNone
Total Stories2
Window FeaturesBayWindows, GardenWindows
General for 6154 Fountain Avenue
AccessibilityParking
Additional Parcels Y/NNo
AppliancesGasRange
Attached Garage No
Cap Rate5.43
Carport Y/NNo
CityHollywood
Community FeaturesStreetLights, Sidewalks, Urban
Construction MaterialsPlaster
CoolingWallWindowUnits
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, RentControl
Electric Expense119.0
Facing DirectionNorth
Fuel Expense80.0
Garage Spaces6.0
Garage Y/NYes
Gross Income117078.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2874.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Exchange1031, FannieMae, FreddieMac
Lot Size Square Feet6710.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income101814.0
New ConstructionNo
Number Of Units Total6
Operating Expense15264.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property ConditionRepairsCosmetic
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors, WindowBars
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories Count2
Subdivision NameNot Applicable
Tax Lot1210
Tenant PaysCableTv, Electricity, Gas, Telephone
Trash Expense1500.0
ViewNone
Water Sewer Expense3500.0
Year Built1940
Year Built SourcePublicRecords
Exterior for 6154 Fountain Avenue
Building Area Total5242.0
Crops Included Y/NNo
Exterior AmenitiesAwnings
FencingChainLink
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, FrontYard, NearPublicTransit, SprinklersNone
Lot Size Acres0.154
Lot Size Area6710.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Parking FeaturesAssigned, Asphalt, DoorSingle, Garage
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate