7317 Fountain Ave Los Angeles, CA 90046
Hollywood Neighborhood
4
Beds
4
Baths
2,107
Sq Ft
6,927
Sq Ft Lot
About This Home
As of April 2025The Subject Property is located at the corner of Fountain Ave and N. Martel Street. To be sold along with neighboring property 1308 N Martel totaling a lot size of 13,693 sqft. It is a triplex, three separate houses, each one with 1 bedroom and 1 bath. The property has a lot size of 6,962 sq. ft. and is zoned R3, which offers a great development potential. The property is located in the highly desirable area of Hollywood and adjacent to West Hollywood.
Last Agent to Sell the Property
Global Capital Advisors, Inc. Brokerage Phone: 818-939-8855 License #01955014 Listed on: 01/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,580
Year Built
- Built in 1914
Lot Details
- 6,927 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 2,107 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 60
- Tax Tract Number 2
- Assessor Parcel Number 5550019073
- $380 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gross Income $24,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Mar 3, 2025
Sold by
2021 Whittemore Trust and Whittemore Linda G
Bought by
Fountain Martel Investments Llc
Seller's Agent
Gary Mkrtichyan
Global Capital Advisors, Inc.
Buyer's Agent
Jordan Asheghian
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,650,000
Sold Price
$3,300,000
Premium/Discount to List
$1,650,000
100%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,197,667
Avg. Annual Appreciation
-90.35%
Original Mortgage
$1,275,000
Outstanding Balance
$1,275,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$361,333
Purchase Details
Closed on
Sep 6, 2021
Sold by
Whittemore Donald H and Whittemore Linda G
Bought by
Whittemore Donald H and Whittemore Linda G
Purchase Details
Closed on
Apr 22, 2021
Sold by
Whittemore Donald H and Whittemore Linda G
Bought by
Whittemore Donald H and Whittemore Linda G
Purchase Details
Closed on
Jan 14, 1997
Sold by
Whittemore Donald H and Whittemore Linda G
Bought by
Whittemore Donald H and Whittemore Linda G
Similar Homes in Los Angeles, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,300,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,275,000 | New Conventional | |
| Closed | $1,275,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $3,300,000 | +100.0% | $1,566 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $1,650,000 | -- | $783 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,580 | $100,379 | $92,496 | $7,883 |
| 2023 | $1,560 | $98,412 | $90,683 | $7,729 |
| 2022 | $1,503 | $96,483 | $88,905 | $7,578 |
| 2021 | $1,471 | $94,592 | $87,162 | $7,430 |
| 2020 | $1,480 | $93,623 | $86,269 | $7,354 |
| 2019 | $1,435 | $91,788 | $84,578 | $7,210 |
| 2018 | $1,393 | $89,989 | $82,920 | $7,069 |
| 2016 | $1,316 | $86,497 | $79,701 | $6,796 |
| 2015 | $1,301 | $85,198 | $78,504 | $6,694 |
| 2014 | $1,329 | $83,530 | $76,967 | $6,563 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Mkrtichyan
G
Seller's Agent in 2025
Gary Mkrtichyan
Global Capital Advisors, Inc.
(818) 649-1293
2 in this area
8 Total Sales
-
Jordan Asheghian
Buyer's Agent in 2025
Jordan Asheghian
Lyon Stahl Investment Real Estate, Inc.
(310) 424-7024
3 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD24220796
APN: 5550-019-073
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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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