BuySellBlogBrowse Listings

6154 Fountain AvenueHollywood, CA 90028

For Sale

$1,650,000

Smart Buyer Rebate $16,500

HUGE CASHFLOW! 6 UNITS (2 delivered VACANT; 2 more possible delivered VACANT as 'cash-for keys' negotiable; 4 VACANT possible) MUCH HIGHER CASHFLOW! ...in a beautiful area of Hollywood. ADU Possible! (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located! 6-UNIT HOLLYWOOD APARTMENT - REDUCED OVER $150K!!! MOVE-IN READY 1-2 VACANT UNITS! LIVE IN RENT THE OTHERS!

Listed by Christian Gastelum

·

License #01371788

·

Premier Properties of Pasadena

·

chris.premierpasadena@gmail.com

Last updated September 08, 2025

·

Source: CRMLS #P1-22098

Listing Facts

  • TypeMulti-family
  • NeighborhoodHollywood Studio District
  • Days on Prevu127

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/07/2025
Status changed to Active
$1,650,000
09/04/2025
Status changed to Removed from Feed
$1,650,000
08/03/2025
Status changed to In Contract
$1,650,000
07/25/2025
Status changed to Active
$1,650,000
07/18/2025
Status changed to In Contract
$1,650,000
06/28/2025
Price Decreased
$1,650,000
06/27/2025
Status changed to Active
$1,669,000
06/17/2025
Status changed to Pending
$1,669,000
05/06/2025
Listed by Premier Properties of Pasadena
$1,669,000

Property Details for 6154 Fountain Avenue

Association

Amenities

  • Community Features: Street Lights, Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Property Condition: Repairs Cosmetic
  • Roof: Composition, Shingle
  • Stories: 2
  • Stories Total: 2
  • Window Features: Bay Window(s), Garden Window(s)
  • Year Built: 1940
  • Common Walls: 2+ Common Walls
  • Construction Materials: Plaster
  • Exterior Features: Awning(s)

Features

  • Direction Faces: North
  • Fencing: Chain Link
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 5,242
  • Lot Features: Corner Lot, Front Yard, Near Public Transit, Sprinklers None
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,710
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,710
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.43
  • Gross Income: $117,078.00
  • Operating Expense: $15,264.00

Taxes

  • Parcel Number: 5534003001

Interior

Features

  • Appliances: Gas Range
  • Interior Features: Ceiling Fan(s), Ceramic Counters, Crown Molding

Other

Features

  • Accessibility Features: Parking

Location

  • Subdivision Name: Not Applicable
  • Tax Lot: 1210

Parking

Parking

  • Garage Spaces: 6
  • Garage: Yes
  • Parking Features: Assigned, Asphalt, Door-Single, Garage
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.