6575 Fountain Avenue
Los Angeles, CA 90028
- 12 beds
- 12 baths
- 16,080 sqft
- 6,998 sqft lot
- $108 per sqft
- 1920 build
- – on site
More homes
**FULLY APPROVED PLANS w/ RTI PERMITS** We're pleased to present this one-of-a-kind, fully entitled Ready-To-Issue (RTI) development opportunity in the desirable and growing Hollywood neighborhood. Boasting a high Walk Score, the proposed project is situated a short distance from Sunset Blvd and is surrounded by a plethora of amenities. Utilizing TOC incentives, the development consists of 12 units with a contemporary design, featuring a 4-story mid-rise wood-frame structure, 14 onsite subterranean parking spaces & a unit mix of luxury one & two bedroom units. Entitlements are complete, allowing a buyer to begin construction immediately. Located in an exclusive HUD approved 'Opportunity Zone', this LAR3 - 1XL property sits on a spacious 7,000SF pad with approved plans to build up to approximately 22,870SF (16,080SF Residential Living Space plus 6,790SF Subterranean Garage). Priced to provide compelling exit metrics for a developer/buyer. See Offering Memo for a detailed analysis of residual land value. **SELLER FINANCING may be available for qualified buyers**
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 20, 2024
•
MLS# 23310631 —
The Building
-
Year Built:1920
-
New Construction:No
-
Common Walls:No Common Walls
-
Faces:East
-
Total Number Of Units:12
-
Stories Total:4
Interior
-
Levels:One
-
Flooring:Wood
-
Living Area Source:Plans
-
Fireplace:No
-
Fireplace:None
-
Laundry:None
-
Laundry:1
Room Dimensions
-
Living Area:16080.00
Location
-
Directions:Corner of Fountain Ave & Seward Street - 3 Blocks West of Cahuenga Blvd
-
Latitude:34.09453100
-
Longitude:-118.33302500
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Zoning:LAR3
-
Lot Size Area:6998.0000
-
Lot Size Acres:0.1607
-
Lot Size SqFt:6998.00
-
Lot Size Source:Assessor
-
View:1
-
View:City Lights
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Total Bedrooms:12
Baths
-
Total Baths:12
-
Full & Three Quarter Baths:12
-
Full Baths:12
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5547028026
Heating & Cooling
-
Heating:None
-
Cooling:No
-
Cooling:None
Appliances
-
Included:Yes
The Community
-
Senior Community:No
-
Pool:None
-
Private Pool:No
-
Spa Features:None
-
Association:No
-
Assessments:No
Parking
-
Parking:No
-
Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/2/24
Sep 2, 2024
|
BRIDGE | $1,895,000 | ||
|
9/2/24
Sep 2, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,895,000 | |
|
9/12/23
Sep 12, 2023
|
Listed / Active | CRMLS_CA | $1,895,000 |
