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7011 Fountain , Los Angeles, CA 90028
$2,195,000
Est. Payment: $11,535.67/mo
3319 Sqft
0.13 Acres
Status: active | Days on site: 1
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SR207024027 - SR207063850
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Chris Heller
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House Description

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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Highlights

Listed by Robert Biggs III , 213-361-6978 The ONE Luxury Properties , 424-245-4286. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.13

Year Built

1923

County

Los Angeles

Area

C37 - Metropolitan South

Listing ID

SR26217235

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$11,536
Taxes
$1,399

Home Price

$2,195,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$439,000
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:
$11,535.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,535.67 $1,399.31 $0.00 $12,934.98
Yearly $138,428.04 $16,791.75 $0.00 $155,219.79
Total $4,152,841.19 $503,752.50 $0.00 $4,656,593.69

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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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: 2026-11-07T03:31:57.000Z

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