4110 Fountain Avenue

Los Angeles, CA 90029

$1,875,000

List Price

8

bed Beds

4

shower Baths

3,516 sqft

straighten / sqft

1928

calendar_month Built

Property Description

Welcome to this BEAUTIFUL TURN-KEY 4-PLEX in the heart of SILVERLAKE! This French Normandy building is being sold with 3 FULLY-REMODELED and VACANT units! Located in one of the most PREMIUM RENTAL MARKETS in LA, this charming 1920s 4-PLEX sits a stones-throw away from coffee shops like INTELLEGENCIA, LA COLOMBE and CAFE STELLA as well as major grocery stores like EREWHON, WHOLE FOODS and TRADER JOES. Everything is within walking distance. This is a SECOND-TO-NONE building nested at the exact INTERSECTION OF SILVERLAKE, LOS FELIZ AND EAST HOLLYWOOD, just two blocks away from SUNSET JUNCTION. Take a stroll at Golden Hour over to your favorite restaurant, or grab some ice cream at SALT 'n STRAW. NO DRIVING NECESSARY. Rental Demand is EXTREMELY HIGH, with major employers like NETFLIX, KAISER and several MAJOR STUDIOS just minutes away. This building is IN COMPLIANCE with all earthquake structural requirements as part of the City of Los Angeles ordinances. The roof is less than a decade old and has been inspected. ALL UNITS have SEPARATE METERS for gas and electrical. Three out of four units have been TASTEFULLY UPGRADED with NEW KITCHENS, FLOORING and ELECTRICAL PANELS. All plumbing is a combination of COOPER and PVC. The building has been diligently maintained and has LAUNDRY ON-SITE. Minimal upkeep and maintenance make this an unparalleled CASH COW for NEW-OWNERSHIP. There are not too many buildings in this area with as much PRIDE OF OWNERSHIP and immediate CASHFLOW POTENTIAL. Come see this WONDERFUL OPPORTUNITY before its gone!

Listing Information

List Price $1,875,000
Status Active
MLS 24452601
Type Residential Income
Year Built 1928
Lot Size 2,422
Structure Size 3,516
DOM 10
Courtesy Of Sotheby's International Realty
Listing Agent Jeffrey Ulik DRE#02058944

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Flooring Information
Material Wood
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Furnished
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Jeffrey Ulik, Sotheby's International Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 9:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.