Property Detail

7011 Fountain

Los Angeles CA 90028

$2,195,000

Status: Active

Property Details

Description

Fully occupied six-unit RSO multifamily at 7011 Fountain Ave in Hollywood. Three single-story buildings around a back courtyard, with six 1BD/1BA units of about 500 SF each. Current rents total $10,894/mo ($130,730/yr). Unit 1 was just leased at $1,995, and one long-term tenant pays $952, so there's room to grow as that unit turns. The prior owner documented about $196K in capital work, including foundation, main sewer line, storm drains and courtyard paving. Roofs on two buildings are under three years old. Copper plumbing, upgraded windows, water heaters 2-8 years old. Tenants pay electric, gas and trash. Coin laundry in the courtyard. Two gated off-site parking spaces, rented month to month. Buyer to verify all information, including income, expenses, zoning, square footage, permits and rent control.

Map Location

Listing provided courtesy of Robert Biggs III of The ONE Luxury Properties. Last updated 2026-10-13 08:38:18.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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