Price Reduced Listing
$688,888
 $3,698 est/mo Sourced by Back At You

5061 Fountain Avenue,Los Angeles, CA 90029

Los Angeles, CA 90029

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Description

GREAT PRICE!!! JUST REDUCED TO THE WIRE!!! - CUTE & COZY AND GREAT EASY ACCESS LOCATION! HUGE PRICE REDUCTION! WE WERE TOLD THAT THIS HOME WOULD BE A PERFECT INVESTMENT AS AN AIR b&b RENTAL, OR FOR YOUR OWN USE AS A SECOND IN-TOWN HOME. WE WERE TOLD THAT YOU CAN ALSO SELL FOOD & BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS AT THIS ACTIVE LOCATION - FOUNTAIN AVEUE WITH A FRONT YARD FOR TABLES, CHAIRS, AND UMBRELLAS! - 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. 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.

Details

MLS #26651903
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1920
Days On Site242
Listing Provided ByBruce Jay Associates | Jonathan Jay

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,120
Car PortYes
Story(s)1
Units1
ZoningLAR3
Acreage0.07
Property ViewYes

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Interior FeaturesWorkshop
FurnishedUnfurnished
Fireplace Yes / NoNo

Exterior

RoofComposition
Security FeaturesGated Community, Window Bars
Construction MaterialsStucco
Foundation DetailsRaised
Lot FeaturesBack Yard, Front Yard, Rectangular Lot, Value In Land, Yard
FencingWrought Iron

Parking

Parking FeaturesCarport

Utilities

UtilitiesOverhead Utilities

Location

Community FeaturesGated

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$688,888
low | high
Med:
$1,850,000
100% of Average
sqft:
1,120
low | high
Med:
5,666
100% of Average
$ / sqft:
$615
low | high
Med:
$327
96.915887461239% of Average
On site:
242
low | high
Med:
41
100% of Average
Sourced by Back At You

Market Activity 90029

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$688,888
low | high
Med:
$1,850,000
100% of Average
sqft:
1,120
low | high
Med:
5,666
100% of Average
$ / sqft:
$615
low | high
Med:
$327
96.915887461239% of Average
On site:
242
low | high
Med:
41
100% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 6:31:46 PM PDT