West Hollywood, CA 90046,7504 Fountain Avenue
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$ 2,799,000
Est. payment | /mo

6 Beds

3,945 SqFt


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$ 2,799,000
Est. payment | /mo
Save

6 Beds

3,945 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,945 sqft

Price per Sqft $709

MLS Listing ID CL25583427

Bedrooms 6

HOA Y/N No

Year Built 1917

Lot Size 7,021 Sqft

Acres 0.16

Property Sub-Type OTHER

Property Description

First-time on the market in 27 Years! A rare repositioning and development opportunity situated in the heart of West Hollywood. This existing triplex is comprised of a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, a 1-bedroom, 1-bathroom unit and 1,000 s.f. storage, set on a 7,002 square foot lot. Delivered vacant at close of escrow, the property provides flexibility for an owner-user or investor offering the ability to renovate and lease the existing three units or pursue new development opportunities such adding 3 ADUs, a 35-unit affordable housing, or a 10-bed assisted living facility (Buyer to verify). Situated within the City of West Hollywood's Fountain Avenue Streetscape Project, the property stands to benefit from significant area enhancements designed to improve walkability, landscaping, and neighborhood character. A true value-add opportunity to acquire a vacant triplex or exceptional development site within one of Los Angeles' most dynamic communities.

Location

State CA

County Los Angeles

Zoning WDR2

Interior

Heating Central

Fireplace No

Building

New Construction No

Others

Tax ID 5530005010

Bridge MLS
Listed by Corina B. Gonzales • GNZ Inc.

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Patrick Nagel
Patrick Nagel

REALTOR® | Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA, 94602

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7504 Fountain Avenue