5061 Fountain Ave, Los Angeles, CA 90029

$968,000
2
BD
1
BA
1,120
SqFt

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List Price
$968,000
Price Change
▼ $20,000 1784766745
MLS#
26651903
Year Built
1920
Bedrooms
2
Bathrooms
1
Living Sq. Ft
1,120
Lot Size
3,257
Lot Location
City, Near Public Transit
Days on Market
166
Property Type
Single Family Residential
Style
Contemporary

Property Description

MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! PRICE REDUCED AND THE OWNER MAY CARRY THE LOAN!! THIS HOME WOULD BE PERFECT FOR YOU, OR TO HAVE AN IN-TOWN HOME - 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 - 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.

Additional Information

Lot Description
Back Yard, Front Yard, Fenced Yard, Fenced, Curbs, Lot Shape-Rectangular, Lot-Level/Flat, Redevelopment Area, Yard, Sidewalks, Single Lot, Street Asphalt, Street Lighting, Street Paved, Utilities - Overhead, Value In Land, Walk Street
Other Buildings
None
Pool Description
None
Heat
Wall
Cooling
None
View
City Lights, Tree Top
Exterior Construction
Stucco
Number of Cars in Garage
Carport
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Bruce Jay Associates, Jonathan Jay - CA DRE#01979786

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