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4281 Fountain Ave, Los Angeles, CA, 90029

$1,699,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,700 SqFt
$999/SqFt
House
Schools Nearby

Location

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4281 Fountain Ave, Los Angeles$1,699,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Gated, Uncovered
Year Built1949
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #24371307
Lot Size0.13 Acres
StatusActive

About 4281 Fountain Ave

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, which not only reimagine the existing structure but also expand it by an additional 400 square feet.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.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 0
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: Shane Markland

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway, Gated, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Franklin Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: N side of fountain

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
  • Price Per SqFt: $999/SqFt

Tax Information:

  • Annual Amount: $15,772
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

4281 Fountain Ave vs Los Angeles

38 DAYS ON ROCKET

+4 Days

$1,699,000

+$723K More

$999/SqFt

+$371 More

KEY TAKEAWAY

This property is $723K more than the Median Sold Price and $371/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24371307

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: Shane Markland

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 2:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2015Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,772$1,312,373
2020$15,299$1,298,917
2019$15,152$1,273,449
2018$14,819$1,248,480
2017$14,819$1,224,000

History based on county public records data.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2306988
8
/10

  • Franklin Avenue Elementary School

  • 1910 N Commonwealth Ave

  • 0.71 miles

  • Public District Grades KG-6

school-card-donut-2306989
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.69 miles

  • Public Magnet Grades KG-6

school-card-donut-2306990
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.69 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2306991
6
/10

  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 0.12 miles

  • Public Magnet Grades 6-8

school-card-donut-2306992
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.70 miles

  • Public District Grades 6-8

High School

school-card-donut-2306993
7
/10

  • John Marshall Senior High School

  • 3939 Tracy St

  • 0.88 miles

  • Public Magnet Grades 9-12

school-card-donut-2306994
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.71 miles

  • Public Magnet Grades 9-12

school-card-donut-2306995
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.17 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,625. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4281 Fountain Ave

What is the listing price of this property?

The listing price of 4281 Fountain Ave property is $1,699,000.

What type of property is this?

The property 4281 Fountain Ave is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 4281 Fountain Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4281 Fountain Ave are:
Franklin Avenue Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
John Marshall Senior High School: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,772 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 10, 2015 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4281 Fountain Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4281 Fountain Ave is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4281 Fountain Ave is 1949.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›4281 Fountain Ave

This home is located at 4281 Fountain Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 1,700 square foot home, which was built in 1949, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,699,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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