5061 Fountain Avenue
Los Angeles, CA, 90029 $ 988,000
Bedrooms2 Baths1.0 Sq 1,120 Monthly Estimate*
$ 6,238
for $988,000 with 2 bedrooms and 1 full bath. This 1,120 square foot home was built in 1920 on a lot size of 0.07.
PRICE REDUCED AND THE OWNER MAY CARRY THE LOAN!! THIS HOME WOULD BE PERFECT FOR YOUR FAMILY OR TO HAVE AN IN-TOWN HOME - AND DID YOU KNOW THAT YOU CAN ALSO SELL BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS ON THIS ACTIVE LOCATION - FOUNTAIN AVEUE - 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.
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FeaturesGeneralLiving Area 1120
Heating Wall Furnace
Roof Composition
Zoning LAR3
Architectural Style Contemporary
Security Features Window Bars Gated Community
Construction Materials Stucco
Year Built 1920
View City Lights
Levels One
Property Subtype Single Family Residence
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Other Structures Workshop
Status Active
City Los Angeles
Entry Location Living Room
Senior Community Y/N false
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 3257
Additional Parcels Y/N false
Structure Type None
Standard Status Active
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InteriorFlooring Wood
Total Stories 0
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features None Inside
Total Baths 1
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ExteriorFencing Wrought Iron
Parking Features Carport
Lot Features Front Yard Rectangular Lot Utilities - Overhead Value In Land Yard Back Yard
Lot Size Area 3257
Foundation Details Raised None
Spa false
Building Area Total 1120
Lot Dimensions 56x58
Lot Size Acres 0.07
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* Excluded FeaturesList ByJonathan JayListing Agent
Bruce Jay AssociatesBroker
jonathan@brucejay.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,238
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Los Angeles, CA
Average List Price $3,897,261
Percent of Sale Price 294%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/6/2026 | $988,000 | -0.70% | Price Down |
| 5/11/2026 | $995,000 | | Listed Price |