5061 Fountain Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

5061 Fountain Avenue

Los Angeles, CA 90029
2 Beds
1 Baths
1,120 Sq Ft
Built 1920
$650,000
Price ReducedWas $1,345,000 — $650,000 (-$695,000)

Property Overview

GREAT PRICE!!! JUST REDUCED TO THE WIRE!!! - CUTE & COZY AND GREAT EASY ACCESS LOCATION! HUGE PRICE REDUCTION! WE WERE TOLD THAT THIS HOME WOULD BE A PERFECT INVESTMENT AS AN AIR b&b RENTAL, OR FOR YOUR OWN USE AS A SECOND IN-TOWN HOME. WE WERE TOLD THAT YOU CAN ALSO SELL FOOD & BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS AT THIS ACTIVE LOCATION - FOUNTAIN AVEUE WITH A FRONT YARD FOR TABLES, CHAIRS, AND UMBRELLAS! - APPROVABLE BY THE CITY (you can check the details with the City)! YOU CAN OPEN YOUR BUSINESS ON BUSY FOUNTAIN AVENUE! THIS IS THE MOST AFFORDABLE HOME EVER FOR YOU AND YOUR BUSINESS! BUILT WITH PRE-DEPRESSION 1920's INTEGRITY! NOTE THIS IMPORTANT MESSAGE: It is Entirely Legal in Los Angeles to sell goods or bakery on an R-1 lot, provided that vendors comply with the Sidewalk & Park Vending Permit requirements. The Safe Sidewalk Vending Act allows for the decriminalization of sidewalk vending, but vendors must still adhere to local regulations and obtain the necessary permits. It is advisable to check with local authorities for specific rules and regulations regarding vending on R-1 lots. AND RIGHT NEXT TO THE HOME IS A PERFECT AREA FOR YOUR BAKERY CREATIONS! THIS IS A GREAT OFFER FOR YOU AND YOUR BUSINESS.......WITH A HUGE PRICE DROP! Truly an Amazing Location for this Roaring Twenties Home, a True Visit to a Remarkable Past! The Grand Entry is Adorned with Fluted Pillars on each side! This Location brings back the Music, the Charleston, the Speakeasies like The Stork Club, The Cotton Club, and More! They all existed when this Home was first built! Ohhhh, only if those walls can talk! Walking distance to Sunset Boulevard, and the Bus Line, and lots of Fun Places! There is Off-Street Parking in front of the Garage which was converted to Your Dream Room for Arts & Crafts, or a Home Gym, or a Study to write your Next Book, and so much more! And for Gatherings there is an Iron-Gated Front Yard, as well as an Easy-Care-Landscape Backyard! The Yards are Perfect for your Pets as they can Freely Explore the Yard Areas! This Home is Easy to find with an Offering Sign on property. Be sure to Grab This One, as the Price is on the Low Low Side of the Real Estate Market! And, after all, it's Hollywood, World Famous Hollywood, just like the World Famous Musso & Frank's which was open in the 1920's, a true staple on Hollywood Boulevard known for its Old-World Charm! This Home's History may somehow help many remember the 1920's Fun, the Wild Parties, and, of course, the Flappers; after all they were the Cat's Meow!! Seller may consider carrying, subject to Installment Sale terms.

Home Details

Property type
Residential - Single Family Residence
Year built
1920
Living area
1,120 sq ft
Lot size
3,257 sq ft
Parking
1 spaces
Days on market
252
Full bathrooms
1
MLS status
Active
Architectural style
Contemporary
Zoning
LAR3

Features & Amenities

Interior

  • Workshop

Parking

  • Carport

Pool

  • None

Lot

  • Back Yard
  • Front Yard
  • Rectangular Lot
  • Value In Land
  • Yard

Security

  • Gated Community
  • Window Bars

Community, Schools & Utilities

Community

View
CityLights

Utilities

Heating
WallFurnace
Cooling
None
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Location & Neighborhood

5061 Fountain Avenue

Los Angeles, CA 90029

Frequently Asked Questions About 5061 Fountain Avenue

Property type: Residential

The current asking price is $650,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5061 Fountain Avenue. Our team will confirm availability and timing.
This 2 bedrooms and 1 bathroom property offers approximately 1,120 square feet of living space. It was built in 1920. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 252 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: Jonathan Jay
MLS ID: CLW-C122889

Available property

$650,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.