First-time on the market in 27 Years! A rare repositioning and development opportunity situated in the heart of West Hollywood. This existing triplex is comprised of a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, a 1-bedroom, 1-bathroom unit and 1,000 s.f. storage, set on a 7,002 square foot lot. Delivered vacant at close of escrow, the property provides flexibility for an owner-user or investor offering the ability to renovate and lease the existing three units or pursue new development opportunities such adding 3 ADUs, a 35-unit affordable housing, or a 10-bed assisted living facility (Buyer to verify). Situated within the City of West Hollywood's Fountain Avenue Streetscape Project, the property stands to benefit from significant area enhancements designed to improve walkability, landscaping, and neighborhood character. A true value-add opportunity to acquire a vacant triplex or exceptional development site within one of Los Angeles' most dynamic communities.
Listed by Corina B. Gonzales
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License #01485082
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GNZ Inc.
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310-418-1200
Last updated November 14, 2025
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Source: CRMLS #25583427
Listing Facts
TypeMulti-family
NeighborhoodCentral LA
Bedrooms6
Days on Prevu13
Size3,945 sqft
Price per sqft$710
Location
Mortgage Calculator
Listing History
11/06/2025
Listed by GNZ Inc.
$2,799,000
Property Details for 7504 Fountain Avenue
Exterior
Construction
Number Of Units Total: 3
Stories: 2
Stories Total: 2
Year Built: 1917
Architectural Style: Cottage
Measurements
Building Area Total: 3,945
Lot Size Acres: 0.16
Lot Size Area: 7,021
Lot Size Source: Assessor
Lot Size Square Feet: 7,021
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.93
Gross Income: $180,960.00
Taxes
Parcel Number: 5530005010
Interior
Measurements
Living Area: 3,945
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 6
Parking
Parking
Parking Features: Driveway, On Street
Utilities
Equipment
Heating: Central
Has Heating: Yes
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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.