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$2,500,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 9 days ago
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Rare opportunity to own a well-maintained 5-unit income property in the heart of Los Angeles! The property offers a total of 3,042 square feet, 8 uncovered parking spaces, and an attractive unit mix consisting of 2 three-bedroom/1-bath units, 1 two-bedroom/1-bath unit, and 2 one-bedroom/1-bath units. All units were upgraded approximately four months ago and feature refreshed interiors, updated flooring, bright kitchens with white cabinetry, modern hardware, and ceiling fans. The property offers a functional layout with ample parking and strong rental potential. Ideally located near shops, dining, entertainment, and major Los Angeles destinations, this is an excellent opportunity for an investor seeking a recently upgraded multi-unit property in a desirable Los Angeles location.

Full Property Details for 5253 Fountain Ave

General

  • Price: $2,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: GD26180880
  • Updated: 8/21/2026
  • Days on Market: 11 days
  • Added to Site: 11 day(s) ago

Interior

  • Interior Features: Quartz Counters, High Ceilings, Ceiling Fan(s)
  • Fireplace(s): None
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Uncovered
  • Parking: Uncovered

Location

  • Area: C20 - Hollywood
  • County: Los Angeles
  • Development Name: C20 - Hollywood
  • Driving Directions: Fountain Ave and Normandie Ave

Heating & Cooling

  • Cooling Type: Central Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 5
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Entry Location: Front Door
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,042
  • Year Built: 1919

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.2335
  • Lot Size (Sq. Ft.): 10,171
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $821.83
  • Price Per Unit: 500000

Listed by JohnHart Real Estate, Charlie Kachian and JohnHart Real Estate, Pamela Kachian

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Listing agents

— 5253 Fountain Ave —

  • Charlie Kachian

    JohnHart Real Estate

  • Pamela Kachian

    JohnHart Real Estate

213-610-5626

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5253 Fountain Ave

School District:Los Angeles Unified School District
NameGradesDistance
Kingsley Elementary School, Los Angeles, CA
5200 Virginia Avenue, Los Angeles, CA 90029
K-50.3 mi
Joseph Le Conte Middle School
1316 N. Bronson Ave., Los Angeles, CA 90028
6-80.8 mi
STEM Academy at Bernstein High
1309 N. Wilton Pl., Los Angeles, CA 90028
9-120.6 mi
Helen Bernstein High School
1309 N. Wilton Pl., Los Angeles, CA 90028
9-120.6 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 5253 Fountain Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$2,500,000
920.41%
MLS
10/03/2000
Sold
$245,000
—
Public Record
Get Price Alerts and Save Property
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 for 5253 Fountain Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,235
—
$1,579,850
2%
2025
$19,235
3%
$1,548,875
4%
2023
$18,663
5%
$1,488,733
5%
2022
$17,811
4%
$1,419,089
2%
2021
$17,127
-1%
$1,391,265
1%
2020
$17,307
277%
$1,377,000
316%
2019
$4,585
5%
$330,932
2%
2018
$4,350
2%
$324,444
2%
2017
$4,261
3%
$318,083
2%
2016
$4,135
1%
$311,847
2%
2015
$4,080
-1%
$307,164
2%
2014
$4,112
—
$301,148
—
2013
$4,112
—
$299,788
—
View All
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 for 5253 Fountain Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by JohnHart Real Estate, Charlie Kachian and JohnHart Real Estate, Pamela Kachian

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5253 Fountain Avenue, Los Angeles, CA 90029 (MLS# GD26180880) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 5253 Fountain Avenue is currently listed for $2,500,000 and was received on August 20, 2026. Want to learn more about 5253 Fountain Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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