NOT LISTED FOR SALE

5704 Fountain Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $2,840,000

1 Bed
1 Bath
600 Sq Ft
$4,733/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $1,560,000 $2,600 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $17,586/month

Highlights

  • End Unit
  • No HOA
  • Laundry Room
  • STEM Academy at Bernstein High Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Seily Rodriguez Park

About This Home

As of July 2017

This is a 1 bedroom, 1 bathroom single level apartment located in an 8 unit complex in Hollywood. This unit offers over 600 square feet of living space, a remodeled kitchen, hardwood floors throughout. There are also washer and dryer hookups available inside the unit. Sorry no pets. Asking $ 1,425 per month with a $2,000 security deposit. Street parking only. Rent includes water.

Last Agent to Rent the Property

Brian Franklin

AGNS Realty Inc. License #01889950 Listed on: 07/07/2017

Co-Listed By

Kris Mathison

K&M Realty License #01444096

Last Renter's Agent

Brian Franklin

AGNS Realty Inc. License #01889950 Listed on: 07/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,769

Year Built

  • Built in 1922

Lot Details

  • 0.26 Acre Lot
  • End Unit
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Apartment

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes sewer, water
  • 12-Month Minimum Lease Term
  • Available 7/10/17
  • Tax Lot 71
  • Tax Tract Number 4628
  • Assessor Parcel Number 5536001010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,769

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-07-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Total Move In Costs: 3425.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Other Phone Description: OFFICE
  • Other Phone Number: 626-263-0792
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5536001010
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 600.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11321.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: K & M Realty
  • Management Co Phone: 626-263-0792
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Water

Tax Info

  • Tax Census Tract: 1909.01
  • Tax Lot: 71
  • Tax Tract Number: 4628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2019
Sold by
Fountain 8 Llc
Bought by
Zz Investments Llc and Halmic Llc
Current Estimated Value
$2,840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 22, 2014
Sold by
5704 Fountain Llc
Bought by
Fountain 8 Llc
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Kenny Stevens
Compass
List Price
$1,645,000
Sold Price
$1,560,000
Premium/Discount to List
-$85,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Sep 9, 2010
Sold by
Monempour Fardad Danny
Bought by
5704 Fountain Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,750
Interest Rate
4.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2009
Sold by
Monempour Sepideh Sara
Bought by
Monempour Fardad Danny

Purchase Details

Closed on
Dec 8, 2008
Sold by
Garey Peter and The Garey Family Trust Irrevoc
Bought by
Monempour Fardad Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zz Investments Llc $1,980,000 North American Title Co Inc
Fountain 8 Llc $1,560,015 Commonwealth Land Title Co
5704 Fountain Llc $955,000 Fidelity National Title Co
Monempour Fardad Danny -- North American Title Company
Monempour Fardad Danny $800,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halmic Llc $2,055,000
Closed Zz Investments Llc $2,100,000
Previous Owner 5704 Fountain Llc $750,000
Previous Owner 5704 Fountain Llc $620,750
Previous Owner Monempour Fardad Danny $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Rented $1,425 0.0% --
07/07/2017 07/07/17 For Rent $1,425 0.0% --
05/27/2014 05/27/14 Sold $1,560,000 -5.2% $313 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
02/25/2013 02/25/13 For Sale $1,645,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,769 $2,165,436 $1,509,250 $656,186
2024 $26,769 $2,122,977 $1,479,657 $643,320
2023 $26,267 $2,081,351 $1,450,645 $630,706
2022 $25,082 $2,040,541 $1,422,201 $618,340
2021 $24,769 $2,000,531 $1,394,315 $606,216
2019 $21,395 $1,714,307 $1,208,808 $505,499
2018 $21,141 $1,680,694 $1,185,106 $495,588
2016 $20,172 $1,615,433 $1,139,088 $476,345
2015 $19,886 $1,591,168 $1,121,978 $469,190
2014 $13,145 $998,092 $731,586 $266,506
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2017

    Brian Franklin

    AGNS Realty Inc.

    (818) 429-1092

    3 Total Sales

    Brian Franklin
    Section Image

  • K

    Landlord's Co-Listing Agent in 2017

    Kris Mathison

    K&M Realty

    Section Image
  • Kenny Stevens

    Seller's Agent in 2014

    Kenny Stevens

    Compass

    (424) 284-4453

    3 in this area

    42 Total Sales

    Kenny Stevens
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17154456

California Regional Multiple Listing Service (CRMLS)

APN: 5536-001-010

California Los Angeles County Los Angeles 90028 Hollywood

5704 Fountain Ave, Los Angeles, CA

This home is located at 5704 Fountain Ave, Los Angeles, CA 90028 since 07 July 2017 and is currently priced at $2,840,000. This property was built in 1922. 5704 Fountain Ave is a home located in Los Angeles County with nearby schools including Joseph Le Conte Middle School, STEM Academy at Bernstein High, and Helen Bernstein High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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