NOT LISTED FOR SALE

6681 Fountain Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,559,000 - $2,530,000

5 Beds
4 Baths
3,140 Sq Ft
$680/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $1,414,000 $450 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $12,228/month

28 Days on Market

About This Home

As of June 2017

First sale in 24 years. On a Prime Corner R-3 Lot for Future development, this property is a 3BR 2Bath Craftsman Home with a nice private yard. Behind are two Large One Bedroom Units with High Ceilings and Dining room, with very low rents. Beneath are six garages. There are six parking spaces in front of the garages for a total of 12+ parking (some tandem). Owner currently living in the front House and has remodeled one of the baths. This is a good property to hold for income with great future potential for small lot subdivision or to build a new structure. House rent is projected as it was last rented in 2015 for $3500 but since has been remodeled and has a new master bathroom.

Last Agent to Sell the Property

Richard Klug

Sotheby's International Realty License #00745969 Listed on: 03/06/2017

Sotheby's International Realty

Last Buyer's Agent

Robert Friedman

Chelsea Properties License #01727405

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,184

Year Built

  • Built in 1927

Lot Details

  • 7,022 Sq Ft Lot

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Alarm System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5547-031-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,184

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Corner of Las Palmas and Fountain 2 blocks east of Highland 2 blocks north of Santa Monica
  • Living Area: 3140
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 461.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Above Street Level
  • Total Parking: 12

Utilities

  • Cooling: Central, Wall Unit(s)
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 72828
  • Assessed Land Value: 165534
  • Assessor Parcel Number: 5547-031-023
  • Geocode Override: No
  • Lot Size Area: 7022

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 16.70
  • Number Of Units: 3
  • Total Annual Expense: 8018
  • Type Of Units: 3
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Crosby Kevin
Bought by
World Artists Llc
Current Estimated Value
$2,032,702

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 21, 2017
Sold by
Klug Charles E
Bought by
Crosby Kevin
Seller's Agent
Richard Klug
Sotheby's International Realty
Buyer's Agent
Robert Friedman
Chelsea Properties
List Price
$1,500,000
Sold Price
$1,414,000
Premium/Discount to List
-$86,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$875,000
Outstanding Balance
$711,948
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,422,876

Purchase Details

Closed on
Oct 3, 2001
Sold by
Klug Eugene D and Revocable Trust Of Eugene D Kl
Bought by
Klug Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1998
Sold by
Klug Eugene
Bought by
Klug Charles E

Purchase Details

Closed on
Jul 30, 1997
Sold by
Klug Eugene and Eugene D Klug Trust
Bought by
Klug Eugene D and Klug Charles E

Purchase Details

Closed on
Nov 1, 1996
Sold by
Klug Eugene
Bought by
Klug Eugene D and Klug Charles E

Purchase Details

Closed on
Dec 15, 1993
Sold by
City Of Angeles Hospice Foundation Inc
Bought by
Klug Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
World Artists Llc -- Amrock Inc
Crosby Kevin $1,415,000 Equity Title Los Angeles
Klug Charles E -- Equity Title Company
Klug Charles E -- Equity Title Company
Klug Charles E -- --
Klug Eugene D -- --
Klug Eugene D -- --
Klug Eugene $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosby Kevin $875,000
Previous Owner Klug Charles E $311,500
Previous Owner Klug Charles E $175,000
Previous Owner Klug Charles E $100,000
Previous Owner Klug Charles E $137,000
Previous Owner Klug Eugene $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $1,414,000 -2.5% $450 / Sq Ft
03/10/2017 03/10/17 Price Changed $1,450,000 -3.3% $462 / Sq Ft
03/06/2017 03/06/17 For Sale $1,500,000 -- $478 / Sq Ft
Source: The MLS

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 $13,184 $1,072,880 $742,845 $330,035
2024 $13,184 $1,051,844 $728,280 $323,564
2023 $12,937 $1,031,220 $714,000 $317,220
2022 $19,603 $1,633,293 $1,257,692 $375,601
2021 $18,814 $1,554,692 $1,233,032 $321,660
2020 $19,007 $1,538,751 $1,220,389 $318,362
2019 $18,255 $1,508,580 $1,196,460 $312,120
2018 $18,110 $1,479,000 $1,173,000 $306,000
2016 $3,221 $238,362 $165,534 $72,828
2015 $3,179 $234,783 $163,048 $71,735
2014 $3,211 $230,185 $159,855 $70,330
Source: Public Records

Agents Affiliated with this Home

  • Richard Klug

    Seller's Agent in 2017

    Richard Klug

    Sotheby's International Realty

    (310) 991-1333

    16 Total Sales

    Section Image

  • R

    Buyer's Agent in 2017

    Robert Friedman

    Chelsea Properties

    (310) 497-9348

    2 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-206702

The MLS

APN: 5547-031-023

California Los Angeles County Los Angeles 90028 Hollywood

6681 Fountain Ave, Los Angeles, CA

This home is located at 6681 Fountain Ave, Los Angeles, CA 90028 since 06 March 2017 and is currently estimated at $2,134,824, approximately $679 per square foot. This property was built in 1927. 6681 Fountain Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes