Check Availability
$1,699,000
House - For Sale

4281 Fountain Ave

Los Angeles, CA 90029
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1700 Sqft
$8,343
Estimated Monthly
$0
HOA / Fees

About This Property

Discover the extraordinary potential of this one-of-a-kind multi-unit property, in close proximity to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space suitable for multiple businesses, a luxurious residence, or a harmonious combination of both.Moreover, the parking lot features an income-generating billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not only reimagine the existing structure but also expand it by an additional 400 square feet.Unlock the possibilities and make this unique property your canvas for creative ventures. Explore its potential as a lucrative investment, a dream home, or a blend of both, in a prime location with endless opportunities. All approvals, plans and permits to be verified by Buyer.

The manager has listed the unit size as 1700 square feet.
Unit Size
1,700Ft²
Days on Market
38 days
Land Size
0.12 acres
Price per sqft
$999
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
Last updated: 2 months ago (CLAWCA #371307)

Price History

Date / Event Date Event Price
Mar 24, 2024 No longer available -
No longer available
Mar 21, 2024 Listed by Compass $1,699,000
Listed by Compass
Jan 22, 2024 Listed by Compass $1,899,000
Listed by Compass
Discover the extraordinary potential of this one-of-a-kind multi-unit property, in close proximity to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space…
Jan 21, 2024 No longer available -
No longer available
Sep 8, 2023 Listed by Compass $1,998,000
Listed by Compass
Discover the extraordinary potential of this one-of-a-kind multi-unit property, walking distance to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space…
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,426
  • Total Building Area: 1,700
  • Building Area: 1,700

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BITTLE TRACT
  • Land Acres: 0.125
  • Legal Description 1: BITTLE TRACT EX OF ST LOT/SEC 32 BLK/DIV/TWN 1

Ownership

  • Current Owner : ESPINOZA ERIC ARTURO
  • Current Owner 2: LAI CHRISTINE FORMOSA
  • Previous Owner : SHAABAN HATEM R
  • Ownership Rights Codes: unknown
  • Vacant Flag: unknown
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195300

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 35-A3
  • Parcel: 5430-031-034
  • Block: 1
  • Lot: 32
  • Municipality: WEST /SILVER LAKE
  • Latitude: 34.096
  • Longitude: -118.283

    Address

  • Full Address: 4281 Fountain Ave
  • Address - House Number: 4281
  • Address - Street Name: Fountain
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C002
  • 4-Digit Zip Code: 2223
  • Zip Code: 90029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,964
  • Tax Rate Code Area: 00-013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 10, 2015
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 10, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,365,391
  • Assessed Land Value: $1,024,044
  • Assessed Improvements Value: $341,347

    Sales

  • Current Sale Contract Date: Sep 03, 2015
  • Current Sale Recording Date: Sep 10, 2015
  • Current Sale Transaction ID: 1293493220
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 15-1124393

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 10, 2015
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,502 ft²
$997/ft²
$1,498,000 Feb 16, 2024
-
-
House
3 Beds
2 Baths
1,362 ft²
$1,024/ft²
$1,395,000 Feb 29, 2024
-
-
House
4 Beds
3 Baths
1,546 ft²
$1,100/ft²
$1,699,995 Jan 2, 2024
-
-
House
3 Beds
3 Baths
2,756 ft²
$726/ft²
$1,999,900 Jan 3, 2024
-
-
House
2 Beds
2 Baths
1,253 ft²
$1,337/ft²
$1,675,000 Feb 7, 2024
-
-
House
4 Beds
3 Baths
2,182 ft²
$823/ft²
$1,795,000 Nov 9, 2023
-
-
Multifamily
7 Beds
4 Baths
2,968 ft²
$499/ft²
$1,480,000 Sep 28, 2023
-
-
Multifamily
5 Beds
3 Baths
3,077 ft²
$486/ft²
$1,495,000 Feb 28, 2024
-
-

About Central LA


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Frequently Asked Questions

When was property at 4281 Fountain Avenue built and last sold?
The property at 4281 Fountain Avenue was built in 1949 and last sold on Sep 3, 2015 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 4281 Fountain Avenue is $1,704,204.
What are some comparable homes to 4281 Fountain Avenue?
Homes that are comparable to 4281 Fountain Avenue include a house property at 4023 Camero Avenue, 1832 Redcliff Street, 2230 Ronda Vista Drive.

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