5061 Fountain Ave , Los Angeles, CA 90029
$2,500
Est. Payment: $13.35/mo
2 Bed
1 Bath
1120 Sqft
Status: Active | Days on site: 44
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CLW-L02478 - CLW-C122889
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House Description

Affordable CUTE AND COZY HOME - GREAT STARTER HOME - EASY ACCESS - CLOSE TO MANY CONVENIENCES - Welcome to your own private retreat in one of Los Angeles' most vibrant neighborhoods. Tucked behind a gated entrance, this charming single-family home offers the privacy and comfort that's increasingly hard to find, all while placing you in the center of everything that makes living in Hollywood so exciting. Perfectly positioned between Hollywood, Larchmont Village, Los Feliz, Silver Lake, Hancock Park, and West Hollywood, you'll be just minutes from some of LA's best restaurants, neighborhood cafes, boutique shopping, nightlife, live entertainment, hiking trails, and major studios. Grab your morning coffee around the corner, spend the afternoon exploring Griffith Park or Melrose, and be home in minutes this is the kind of central location that lets you enjoy the very best of the city without sacrificing your own space. The home will be professionally cleaned and refreshed with light renovations just before move-in, giving it a bright, updated feel. AND DID YOU KNOW THAT YOU CAN ALSO SELL FOOD/BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS ON THIS ACTIVE LOCATION - FOUNTAIN AVEUE - IF 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, subject to City Approval. 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. Even better, once a lease is signed, the owner will install a brand-new refrigerator, dishwasher, range/oven, and laundry hookups, so you'll be the first to enjoy these new additions. Whether you're working in entertainment, commuting across the city, or simply looking for a place that puts you close to everything while still feeling like home, 5061 Fountain Ave delivers the ideal mix of location, privacy, and everyday convenience. Gated single-family homes in this pocket of Hollywood rarely become available!

Highlights

Listed by Jonathan Jay , 323-660-3600 Bruce Jay Associates , 323-660-3600. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential Lease

Lot/Acreage
0.07

Year Built

1920

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26869299

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Refrigerator
Floor:Wood
Other:
  • Additional:Yes, Pets Allowed

Exterior Features

Lot:Back Yard,Front Yard,Rectangular Lot,Value In Land,Yard,No Land Lease
Lot Dimensions:56x58
Garage Capacity:1
Zoning:LAR3
Parking Features:Carport,Direct Access,Garage
Principal Interest
$13
Taxes
$2

Home Price

$2,500

Loan Details

30 yrs
7.034%

Down Payment

20%
$500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $13.35 $1.59 $0.00 $14.95
Yearly $160.22 $19.13 $0.00 $179.35
Total $4,806.63 $573.75 $0.00 $5,380.38

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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