4 months on rocket

5662 Fountain Ave, Los Angeles, CA, 90028

$2,695,000

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1953
MLS #GD24010253
Lot Size0.17 Acres
StatusActive

About 5662 Fountain Ave

The Fountain Apartments were built in 1953 and feature 8 units within the two-story complex. The property is centrally located in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the endless restaurants and cafes. With a walk score of 86, the Fountain Apartments would be ideal for many of today’s renters just looking to be able to walk down the block for a cup of coffee at the nearby Starbucks. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units have been very well maintained and include several upgrades such as flooring and lighting. In addition, the property’s roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the liveliness of Hollywood.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 2

Listing Office:

  • Office Name: Baboudjian Properties Inc.
  • Office Phone: (626) 657-7575
  • Listing Agent: Jack Baboudjian

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Helen Bernstein High School, Public District 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
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Between Santa Monica Blvd. and Hollywood Blvd., near the corner of Wilton Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,695,000

Tax Information:

  • Annual Amount: $13,924
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5662 Fountain Ave vs Los Angeles

120 DAYS ON ROCKET

+86 Days

$2,695,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24010253

Listing Office:

  • Office Name: Baboudjian Properties Inc.
  • Office Phone: (626) 657-7575
  • Listing Agent: Jack Baboudjian

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: 5/17/2024, 12:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 13, 2010Home Sold
$900,000
Nov 13, 2002Home Sold
$590,000
Jun 13, 2001Home Sold
$30,500
Oct 20, 1989Home Sold
$510,000
Oct 20, 1989Home Sold
$510,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,924$1,086,756
2020$13,529$1,075,406
2019$13,367$1,054,321
2018$13,049$1,033,649
2017$13,049$1,013,382

History based on county public records data.

Payment Calculator

$13.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,146

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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-2516331
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.99 miles

  • Public Magnet Grades KG-6

school-card-donut-2516332
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.05 miles

  • Public Magnet Grades 1-5

school-card-donut-2516333
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 26.33 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2516334
4
/10
  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 0.22 miles

  • Public Magnet Grades 6-8

school-card-donut-2516335
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.43 miles

  • Public District Grades 6-8

High School

school-card-donut-2516336
2
/10
  • Helen Bernstein High School

  • 1309 N Wilton Pl

  • 0.05 miles

  • Public District Grades 9-12

school-card-donut-2516337
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.01 miles

  • Public Magnet Grades 9-12

school-card-donut-2516338
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.69 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,624. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5662 Fountain Ave

What is the listing price of this property?

The listing price of 5662 Fountain Ave property is $2,695,000.

What type of property is this?

The property 5662 Fountain Ave is a condo located in Los Angeles, California, 90028.

Is this property for sale now?

Active Listing: 5662 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 5662 Fountain Ave are:
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Joseph Le Conte Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Helen Bernstein High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,924 (source: MLS/based on county public records data).

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

The last sale was on April 13, 2010 for $900,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 5662 Fountain Ave is 1953.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900285662 Fountain Ave

This home is located at 5662 Fountain Ave in Los Angeles, CA and zip code 90028 in the Central LA neighborhood. This home, which was built in 1953, sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $2,695,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

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

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