Los Angeles, CA 90028,6575 Fountain AVE
Los Angeles, CA 90028,6575 Fountain AVE
Los Angeles, CA 90028,6575 Fountain AVE
3
$1,750,000
$1,895,000
7.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

12 BD
12 BA
16,080 SqFt

6575 Fountain AVE Los Angeles, CA 90028

Est. payment /mo
SOLD DATE : 11/20/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,750,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 16,080 sqft

Price per Sqft $108

MLS Listing ID 23310631

Sold Date 11/20/24

Bedrooms 12

Full Baths 12

HOA Y/N No

Year Built 1920

Lot Size 7,000 Sqft

Property Description

**FULLY APPROVED PLANS w/ RTI PERMITS** We're pleased to present this one-of-a-kind, fully entitled Ready-To-Issue (RTI) development opportunity in the desirable and growing Hollywood neighborhood. Boasting a high Walk Score, the proposed project is situated a short distance from Sunset Blvd and is surrounded by a plethora of amenities. Utilizing TOC incentives, the development consists of 12 units with a contemporary design, featuring a 4-story mid-rise wood-frame structure, 14 onsite subterranean parking spaces & a unit mix of luxury one & two bedroom units. Entitlements are complete, allowing a buyer to begin construction immediately. Located in an exclusive HUD approved 'Opportunity Zone', this LAR3 - 1XL property sits on a spacious 7,000SF pad with approved plans to build up to approximately 22,870SF (16,080SF Residential Living Space plus 6,790SF Subterranean Garage). Priced to provide compelling exit metrics for a developer/buyer. See Offering Memo for a detailed analysis of residual land value. **SELLER FINANCING may be available for qualified buyers**

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating None

Cooling None

Flooring Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry None

Exterior

Parking Features None

Pool None

View Y/N Yes

View City Lights

Private Pool No

Building

Faces East

Story 4

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5547028026

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Jonathan Massaband • Onyx Realty Inc.
Bought with Jonathan Massaband • Onyx Realty Inc.

GET MORE INFORMATION

Marie Goodloe

Agent | License ID: 01160799

+1(310) 251-0795

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.