4281 Fountain Avenue
Los Angeles, CA 90029

  • 3 beds
  • 2 baths
  • 1,700 sqft
  • 5,426 sqft lot
  • $999 per sqft
  • 1949 build
  • on site

Discover the extraordinary potential of this one-of-a-kind multi-unit property, in close proximity to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space suitable for multiple businesses, a luxurious residence, or a harmonious combination of both.Moreover, the parking lot features an income-generating billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not only reimagine the existing structure but also expand it by an additional 400 square feet.Unlock the possibilities and make this unique property your canvas for creative ventures. Explore its potential as a lucrative investment, a dream home, or a blend of both, in a prime location with endless opportunities. All approvals, plans and permits to be verified by Buyer.

bridgeMLS logo Listing courtesy of BRIDGE / Compass

Last checked: Checking… • Last updated Apr 20, 2024 •

MLS# CL24371307 —

This home is listed in more than one place. See it here.

Monthly cost estimate

4281 Fountain Avenue

Asking price

$1,699,000

Expense Monthly cost
Mortgage

$9,097

Taxes N/A
Insurance $467
Utilities $144 See report
Total $9,708/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
3/21/24
Listed / Active BRIDGE $1,699,000
1/22/24
Listed / Active CRMLS_CA
9/8/23
Listed / Active BRIDGE

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40% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $101k above asking price on average, but some went as high as $501k over asking price.

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Listing provided by broker:

Shane Markland

Compass

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This house located in Central La, Los Angeles, CA 90029 is currently for sale for $1,699,000. 4281 Fountain Avenue is a 1,700 square foot house with 3 beds and 2 baths that has been on Estately for 45 days. 4281 Fountain Avenue is in the Central La neighborhood of Los Angeles and has a WalkScore® of 90, making it a walker’s paradise. This house is in the attendance area of Thomas Starr King Middle School, Lexington Avenue Primary Center, Franklin Avenue Elementary School, and Marshall Senior High School.

bridgeMLS logo Listing courtesy of Compass

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 15:29 on May 05.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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