7011 Fountain Los Angeles, CA $ 2,195,000
7011 Fountain
$ 2,195,000
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7011 Fountain

Los Angeles, CA, 90028
$ 2,195,000
Bedrooms-- Baths-- Sq 3,319

Monthly Estimate*

$ 15,160

Listed by Robert Biggs III, The ONE Luxury Properties, robert.biggsiii@gmail.com
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Commercial Property for sale in Los Angeles, CA

for $2,195,000. This 3,319 square foot building was built in 1923 on a lot size of 0.1316.

Fully occupied six-unit RSO multifamily at 7011 Fountain Ave in Hollywood. Three single-story buildings around a back courtyard, with six 1BD/1BA units of about 500 SF each. Current rents total $10,894/mo ($130,730/yr). Unit 1 was just leased at $1,995, and one long-term tenant pays $952, so there's room to grow as that unit turns. The prior owner documented about $196K in capital work, including foundation, main sewer line, storm drains and courtyard paving. Roofs on two buildings are under three years old. Copper plumbing, upgraded windows, water heaters 2-8 years old. Tenants pay electric, gas and trash. Coin laundry in the courtyard. Two gated off-site parking spaces, rented month to month. Buyer to verify all information, including income, expenses, zoning, square footage, permits and rent control.

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Commercial Active

Price

$ 2,195,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1316

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26217235

Days on Market

2

Features
General
Year Built 1923
Property Subtype Multi Family
Current Use Investment
Business Type Commercial
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard Trust
Status Active
Directions Fountain Ave just east of La Brea Ave in prime Hollywood
City Los Angeles
Number Of Units Total 6
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5731
Number of Units Leased 6
Listing Terms 1031 Exchange
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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Interior
Total Stories 1
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Lot Size Area 5731
Number of Buildings 3
Building Area Total 3319
Lot Size Acres 0.1316
Lot Size Source Assessor
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* Excluded Features
List By
Robert Biggs III

Listing Agent

The One Luxury Properties

Broker

robert.biggsiii@gmail.com

Email

Affordability Calculator

$15,160
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,160
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$2,195,000 Listed Price

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7011 Fountain, Los Angeles, CA, 90028 is a Commercial Property for sale at $2,195,000 with 3,319 sqft and a lot size of 0.1316. 7011 Fountain was built in 1923. The property's zip code is 90028 which is in Los Angeles, CA