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$2,495,000

Beds
Unknown
sq ft
Unknown

5662 Fountain Ave, Los Angeles, CA 90028

5662 Fountain Ave

Los Angeles, CA 90028

  • 26 days on market
The Fountain Apartments features 8 spacious units within the two-story complex. The property is ideally situated in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the trendiest restaurants and cafes. The property also offers incredible walkability, allowing today’s renters the opportunity to walk down the street to a Starbucks or up the street to Sunset Boulevard’s Target. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units include several upgrades such as flooring, lighting and cabinetry and have also been very well maintained. In addition, the property’s roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the energy, action and liveliness of Hollywood.

Details

Property type

Apartment

Est. home value

$2,012,888

Lot size

7,502 sq ft

Price per sq ft

Unknown

Year built

1953

Price History

03/04/2025
CRMLS

CRMLS #GD25047168

Listed
$2,495,000
-7.42%
07/18/2024
CRMLS

CRMLS #GD24010253

Removed
$2,695,000
01/17/2024
CRMLS

CRMLS #GD24010253

Listed
$2,695,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Luther Burbank Savings

Loan start date

December 2018

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

4.94%

Loan type

Building or Construction Loan

Seller

Baboudjian Martirosyan 5662 Fountain Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:40 AM

Listing updated: 03/04/2025 at 11:24 AM

Listed by: Jack Baboudjian, Jack Baboudjian, Baboudjian Properties Inc.Baboudjian Properties Inc. Phone #: (818) 244-5151

MLS: CRMLS #GD25047168

CRMLS logo

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