5200 Fountain Avenue, Los Angeles, CA 90029
Local realty services provided by:CENTURY 21 Sierra Properties
5200 Fountain Avenue,Los Angeles, CA 90029
$2,500,000
- 4 Beds
- - Baths
- 3,040 sq. ft.
- Multi-family
- Active
Listed by: julius chung
Office: seeders real estate
MLS#:CL26848147
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$822.37
About this home
Rare signalized corner property in the heart of East Hollywood featuring R3 zoning and highly desirable Mixed-Use Code 1210, allowing for residential, office, retail, and restaurant uses (restaurant use permitted with no parking requirement under AB 2097). The property currently consists of 3 recently remodeled units and offers exceptional flexibility for owner-users, investors, and developers. The two units, 5200 and 5202 Fountain Ave, together totaling approximately 2,200 square feet, may be sold separately for $1,680,000. Additionally, the property is located within both an Opportunity Zone and the Enterprise Zone Act Program/Employment and Economic Incentive Act Program, potentially providing buyers with valuable tax benefits and economic incentives. Ideally located just a short walk to Sunset Boulevard and minutes from Silver Lake, Los Feliz, Echo Park, and Koreatown, this property sits in one of Los Angeles' most vibrant and rapidly growing neighborhoods. Take advantage of valuable development incentives, including TOC and SB 35, creating tremendous upside potential for redevelopment or adaptive reuse. Whether you're looking to occupy, invest, or build, this unique mixed-use corner property offers endless possibilities in a highly sought-after location. Buyer to independently verify all zoning, development potential, and applicable incentives. Seller is motivated....
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Home facts
- Year built:1920
- Listing ID #:CL26848147
- Added:46 day(s) ago
- Updated:July 31, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:4
- Living area:3,040 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Year built:1920
- Building area:3,040 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$822.37
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