5253 Fountain Avenue Los Angeles, CA ^$ 2,500,000

5253 Fountain Avenue

^$ 2,500,000

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Recently Listed

5253 Fountain Avenue

Los Angeles, CA, 90029

^$ 2,500,000

Studio Baths1.0 Sq 3,042

Monthly Estimate*

^$ 15,785

Listed by JohnHart Real Estate

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,500,000 with 1 full bath. This 3,042 square foot home was built in 1919 on a lot size of 0.2335.

Rare opportunity to own a well-maintained 5-unit income property in the heart of Los Angeles! The property offers a total of 3,042 square feet, 8 uncovered parking spaces, and an attractive unit mix consisting of 2 three-bedroom/1-bath units, 1 two-bedroom/1-bath unit, and 2 one-bedroom/1-bath units. All units were upgraded approximately four months ago and feature refreshed interiors, updated flooring, bright kitchens with white cabinetry, modern hardware, and ceiling fans. The property offers a functional layout with ample parking and strong rental potential. Ideally located near shops, dining, entertainment, and major Los Angeles destinations, this is an excellent opportunity for an investor seeking a recently upgraded multi-unit property in a desirable Los Angeles location.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2335

Year Built

1919

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD26180880

Days on Market

Features

General

Sewer Public Sewer

Cooling Central Air

Utilities Electricity Available Natural Gas Available Sewer Available Water Available

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1919

Stories Count 1

Levels One

Property Subtype Triplex

Gross Income 160800

Community Features Curbs Sidewalks

County Los Angeles

Net Operating Income 140400

Operating Expense 20400

Insurance Expense 425

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Fountain Ave and Normandie Ave

City Los Angeles

Entry Location Front Door

Senior Community Y/N false

Number Of Units Total 5

MLS Area C20 - Hollywood

Lot Size Units Square Feet

Lot Size Square Feet 10171

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N false

Land Lease Y/N false

Fuel Expense 425

Trash Expense 425

Water Sewer Expense 425

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 64

Property Sub Type Additional Triplex

Interior

Interior Amenities Ceiling Fan(s) High Ceilings Quartz Counters

Flooring Laminate

Fireplace Features None

Total Stories 1

Common Walls No Common Walls

Air Conditioning Y/N true

Fireplace Y/N false

Laundry Features Inside

Entry Level 1

Exterior

Parking Features Uncovered

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 10171

Number of Buildings 2

Building Area Total 3042

Lot Size Acres 0.2335

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 5

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Johnhart Real Estate

Broker

ckachian@gmail.com

Affordability Calculator

$15,785

Per Month

Monthly Principal & Interest: $15,785
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,842,741

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/20/2026	$2,500,000		Listed Price

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5253 Fountain Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $2,500,000 with 3,042 sqft and a lot size of 0.2335. 5253 Fountain Avenue is a studio with 1.0 baths and was built in 1919. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5253 Fountain Avenue

Multi-Family Home for sale in Los Angeles, CA

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