John E Burge

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4920 4922 W Fountain AvenueLos Angeles, CA 90029

Multi-Family · 1,656 Sq. ft. | 0.16 Acres
$1,499,000 Active

4920 4922 W Fountain Avenue Overview

Time on Site:
640 days
Visits:
0

Renovated Duplex fully leased at $6,600 Monthly rent. Possible Apts. Development project Market Rate Project: 16 units includes 2 Affordable. 4 story Building with1 level Subterranean parking 100% Affordable: ED1 Project; 28 units of Singles & 1 bedrooms with No Parking requirement.

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4920 4922 W Fountain Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,656
  • Price/Sq.ft. $905
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Scheduled Income: 79200.0
  • Insurance Expense: 2000.0
  • Net Operating Income: 64200.0
  • Operating Expense: 15000.0

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs,Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities,Electricity,Gas,Grounds Care,Janitorial Service

General Information

  • Listing Terms: Cash,Cash to New Loan,Contract
  • Parcel Number: 5540010003
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Building Interior

  • Building Area Total: 1656.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: None,No Stairs,Parking
  • Appliances: Dishwasher,Disposal,Gas Oven,Gas Water Heater,Vented Exhaust Fan,Water Heater
  • Common Walls: 1 Common Wall
  • Electric: Electricity - On Property
  • Entry Level: 1
  • Entry Location: st
  • Fireplace Features: Gas,Living Room
  • Fireplace: Yes
  • Flooring: Laminate
  • Foundation Details: Concrete Perimeter,Raised
  • Interior Features: All Bedrooms Down
  • Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup
  • Security Features: Carbon Monoxide Detector(s)
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 5.0
  • Parking Features: Door-Single,Driveway,Garage,Gated,On Site,Paved
  • Parking Total: 7.0

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Assessor
  • Lot Features: 2-5 Units/Acre,Back Yard,Lawn,Rectangular Lot,Street Level
  • Lot Size Acres: 0.1567
  • Lot Size Area: 6827.0
  • Lot Size Dimensions: 50 X 136.5
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6827.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Bungalow
    • Construction Materials: Drywall,Frame,Glass,Concrete,Plaster,Stucco,Copper Plumbing
    • Property Attached: Yes
    • Roof: Shingle

    General Information

    • Exterior Features: Awning(s)
    • Fencing: Chain Link,Wood,Wrought Iron
    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

    4920 4922 W Fountain Avenue Neighborhood

    Community

    90029 (Los Angeles) Demographics

    36
    Median Age
    26,529
    Population Density (per sq. mile)
    39%
    College Educated
    $45,004
    Estimated Median Income
    1,442
    Estimated Total Home Owners
    12,185
    Estimated Total Renters
    11% / 89%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    4920 4922 W Fountain Avenue Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    4920 4922 W Fountain Avenue Market Data

    Based on the last 30 days in this zip code

    $1,304,168
    Average List Price
    $759
    Average Price per Square Foot
    9
    Properties Sold
    81
    Average Days on Market
    95
    Properties for Sale
    Calculations provided by Reliance Network

    4920 4922 W Fountain Avenue History

    Date Event Value Agent
    2/28/2025Source: CRMLS Price Reduction
    $1,499,000 -6.3%
    9/27/2024Source: CRMLS Added to Database
    September 27, 2024
    Listing provided courtesy of Cranbrook Realty Corp.Roobik Ovanesian- MLS# GD24201571MLS ProviderContact Information: [email protected] - 818-683-4511
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