4281 Fountain Avenue

Los Angeles, CA 90029

PRICE REDUCED

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-$224,000 (-13.18%)

$1,475,000

List Price

3

bed Beds

2

shower Baths

1,700 sqft

straighten / sqft

1949

calendar_month Built

Property Description

Discover the extraordinary potential of this one-of-a-kind multi-unit property, in close proximity to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space suitable for multiple businesses, a luxurious residence, or a harmonious combination of both.Moreover, the parking lot features an income-generating billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans. Unlock the possibilities and make this unique property your canvas for creative ventures. Explore its potential as a lucrative investment, a dream home, or a blend of both, in a prime location with endless opportunities. All approvals, plans and permits to be verified by Buyer.

Listing Information

List Price $1,475,000
Status Active
MLS 24419143
Type Residential
Subtype Single Family Residence
Year Built 1949
Lot Size 5,426
Structure Size 1,700
DOM 78
Courtesy Of Compass
Listing Agent Shane Markland DRE#02077410
Co-Listing Agent Sherri Rogers DRE#01420104

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Flooring Information
Material Wood
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Shane Markland, Sherri Rogers, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 3:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.