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$ 2,799,000
Est. payment /mo
New
7504 Fountain AVE West Hollywood, CA 90046
6 Beds
4 Baths
3,945 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,945 sqft
Price per Sqft $709
MLS Listing ID 25583427
Bedrooms 6
HOA Y/N No
Year Built 1917
Lot Size 7,021 Sqft
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
Area C10 - West Hollywood Vicinity
Zoning WDR2*
Interior
Heating Central
Fireplace No
Exterior
Parking Features Driveway, On Street
Building
Story 2
Entry Level Two
Architectural Style Cottage
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5530005010
Special Listing Condition Standard
Listed by Corina B. Gonzales GNZ Inc.