5200 Fountain Avenue, Los Angeles, CA 90029
List Price: $2.5M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms · 3,040 sq ft
Property Type: ResidentialIncome
Year Built: 1920
Lot Size: 4,642 sq ft
MLS Number: 26848147
About This Property
Rare signalized corner property in the heart of East Hollywood featuring R3 zoning and highly desirable Mixed-Use Code 1210, allowing for residential, office, retail, and restaurant uses (restaurant use permitted with no parking requirement under AB 2097). The property currently consists of three recently remodeled units and offers exceptional flexibility for owner-users, investors, and developers.Ideally located just a short walk to Sunset Boulevard and minutes from Silver Lake, Los Feliz, Echo Park, and Koreatown, this property sits in one of Los Angeles' most vibrant and rapidly growing neighborhoods.Take advantage of valuable development incentives, including TOC and SB 35, creating tremendous upside potential for redevelopment or adaptive reuse. Whether you're looking to occupy, invest, or build, this unique mixed-use corner property offers endless possibilities in a highly sought-after location.Buyer to independently verify all zoning, development potential, and applicable incentives.
Listing provided by: Julius Chung DRE #01513264 661-675-6000 juliuschung.re@gmail.com, Seeders Real Estate
Source: CRMLS, MLS #: 26848147
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.