Homes for sale - 6575 Fountain AVE, Los Angeles, CA 90028

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Yosef Adde

yosef@adde.la +1(310) 363-7362

$ 1,895,000

Est. payment | -/mo

12 Beds

12 Baths

16,080 SqFt

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$ 1,895,000

Est. payment | -/mo

Save

12 Beds

12 Baths

16,080 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 16,080 sqft

Price per Sqft $117

MLS Listing ID 23310631

Bedrooms 12

Full Baths 12

HOA Y/N No

Year Built 1920

Lot Size 7,000 Sqft

Property Description

**FULLY APPROVED PLANS w/ RTI PERMITS** We're pleased to present this one-of-a-kind, fully entitled Ready-To-Issue (RTI) development opportunity in the desirable and growing Hollywood neighborhood. Boasting a high Walk Score, the proposed project is situated a short distance from Sunset Blvd and is surrounded by a plethora of amenities. Utilizing TOC incentives, the development consists of 12 units with a contemporary design, featuring a 4-story mid-rise wood-frame structure, 14 onsite subterranean parking spaces & a unit mix of luxury one & two bedroom units. Entitlements are complete, allowing a buyer to begin construction immediately. Located in an exclusive HUD approved 'Opportunity Zone', this LAR3 - 1XL property sits on a spacious 7,000SF pad with approved plans to build up to approximately 22,870SF (16,080SF Residential Living Space plus 6,790SF Subterranean Garage). Priced to provide compelling exit metrics for a developer/buyer. See Offering Memo for a detailed analysis of residual land value. **SELLER FINANCING may be available for qualified buyers**

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating None

Cooling None

Flooring Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry None

Exterior

Garage None

Pool None

View Y/N Yes

View City Lights

Parking Type None

Private Pool No

Building

Faces East

Story 4

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5547028026

Special Listing Condition Standard

Listed by Jonathan Massaband • Onyx Realty Inc.

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 363-7362

yosef@adde.la

Serving the South Bay Los Angeles

6575 Fountain AVE Los Angeles, CA 90028

Yosef Adde

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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6575 Fountain AVE