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$995,000
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Property Description
HUGE PRICE REDUCTION - BAKERY ITEMS TO SELL? YES, THIS WOULD BE PERFECT TO SELL BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS! YOU CAN OPEN YOUR BUSINESS ON BUSY FOUNTAIN AVENUE! THIS IS THE MOST AFFORDABLE HOME EVER FOR YOU AND YOUR BUSINESS! BUILT WITH INTEGRITY! NOTE THIS IMPORTANT MESSAGE: It is Entirely Legal in Los Angeles to sell goods or bakery on an R-1 lot, provided that vendors comply with the Sidewalk & Park Vending Permit requirements. The Safe Sidewalk Vending Act allows for the decriminalization of sidewalk vending, but vendors must still adhere to local regulations and obtain the necessary permits. It is advisable to check with local authorities for specific rules and regulations regarding vending on R-1 lots. AND RIGHT NEXT TO THE HOME IS A PERFECT AREA FOR YOUR BAKERY CREATIONS! THIS IS A GREAT OFFER FOR YOU AND YOUR BUSINESS.......WITH A HUGE PRICE DROP! Truly an Amazing Location for this Roaring Twenties Home, a True Visit to a Remarkable Past! The Grand Entry is Adorned with Fluted Pillars on each side! This Location brings back the Music, the Charleston, the Speakeasies like The Stork Club, The Cotton Club, and More! They all existed when this Home was first built! Ohhhh, only if those walls can talk! Walking distance to Sunset Boulevard, and the Bus Line, and lots of Fun Places! There is Off-Street Parking in front of the Garage which was converted to Your Dream Room for Arts & Crafts, or a Home Gym, or a Study to write your Next Book, and so much more! And for Gatherings there is an Iron-Gated Front Yard, as well as an Easy-Care-Landscape Backyard! The Yards are Perfect for your Pets as they can Freely Explore the Yard Areas! This Home is Easy to find with an Offering Sign on property. Be sure to Grab This One, as the Price is on the Low Low Side of the Real Estate Market! And, after all, it's Hollywood, World Famous Hollywood, just like the World Famous Musso & Frank's which was open in the 1920's, a true staple on Hollywood Boulevard known for its Old-World Charm! This Home's History may somehow help many remember the 1920's Fun, the Wild Parties, and, of course, the Flappers; after all they were the Cat's Meow!!
Full Property Details
Full Property Details for 5061 Fountain Ave
General
- Price: $995,000
- Status: Active
- Type: Single Family
- Source: CLAW
- MLS ID: 26651903
- Updated: 3/30/2026
- Added to Site: 52 day(s) ago
Interior
- Rooms/Areas: Breakfast, Art Studio, Billiard Room, Card Room, Crafts, Converted Garage, Gym, Living Room, Office, Other, Rec Room, Study/Office, Workshop
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated, Owned, Window Bars
- Other Features: None
Parking
- Garage Description: Carport
Location
- Area: Hollywood
- County: Los Angeles
- Cross Streets: West of Mariposa Ave./East of Normandie Ave./On N
- Driving Directions: Check google maps.
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Utilities
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Single Family Residence
- Exterior Const.: Stucco
- Basement Desc.: Raised
- Foundation: Raised
- Roof: Composition
- Common Walls: Detached/No Common Walls
- Entry Location: Living Room
- Stories/Levels: 0
- Square Feet: 1,120
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1920
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: City Lights, Tree Top
- Lot Size (Acres): 0.0748
- Lot Size: 3257
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 56 x 58
- Lot Features: City, Near Public Transit
- Zoning: LAR3
- Lot Description: Back Yard, Front Yard, Fenced Yard, Fenced, Curbs, Lot Shape-Rectangular, Level/Flat Lot, Redevelopment Area, Yard, Sidewalks, Single Lot, Street Asphalt, Street Lighting, Street Paved, Utilities - Overhead, Value In Land, Walk Street
- Fencing (Description): Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $888.39
- Assessment Year: 1920
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5543-027-011
Listed by Bruce Jay Associates, Jonathan Jay
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Schools
Schools serving 5061 Fountain Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ramona Elementary School, Los Angeles, CA 1133 Mariposa Avenue, Los Angeles, CA 90029 | K-6 | 0.2 mi |
Helen Bernstein High School 1309 N. Wilton Pl., Los Angeles, CA 90028 | 9-12 | 0.8 mi |
STEM Academy at Bernstein High 1309 N. Wilton Pl., Los Angeles, CA 90028 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5061 Fountain Ave
Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$995,000
-9.55%
MLS
3/17/2026
Price Reduced
$1,100,000
-8.33%
MLS
3/11/2026
Price Reduced
$1,200,000
-5.88%
MLS
2/27/2026
Price Reduced
$1,275,000
-1.54%
MLS
2/20/2026
Price Reduced
$1,295,000
-3.72%
MLS
2/13/2026
Listed
$1,345,000
151.4%
MLS
10/24/2023
Sold
$535,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5061 Fountain Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,157
376%
$744,600
449%
2023
$1,922
4%
$135,694
2%
2022
$1,840
1%
$133,034
2%
2021
$1,814
-1%
$130,426
1%
2020
$1,827
4%
$129,090
2%
2019
$1,764
3%
$126,560
2%
2018
$1,709
2%
$124,080
2%
2017
$1,672
3%
$121,648
2%
2016
$1,626
1%
$119,263
2%
2015
$1,604
-1%
$117,473
2%
2014
$1,618
—
$115,173
—
2013
$1,618
—
$114,653
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5061 Fountain Ave
5061 Fountain Ave, Los Angeles, CA 90029 (MLS# 26651903) is a Single Family property with 2 bedrooms and 1 full bathroom. 5061 Fountain Ave is currently listed for $995,000 and was received on February 13, 2026. Want to learn more about 5061 Fountain Ave? Do you have questions about finding other Single Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

