Fountain Avenue

Los Angeles | California

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Extraordinary Living

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Compass – Beverly Hills

Presented At

$2,249,000

Bedrooms

Living

6,040

SQFT

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7401

Fountain Avenue

Los Angeles | California

7401 Fountain Avenue, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Los Angeles

Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable [hidden information] property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this [hidden information] just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a 'Walker's Paradise.' Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and an automated gate leading to a shared parking lot with six spaces, alleviating the typical urban parking [hidden information] spacious unit features laundry hook-ups, dining areas, hardwood floors, generous closet space, and additional storage, all adorned with an abundance of original character from its 1920 construction. The property also benefits from updated electrical systems, enhancing its functionality and appeal. Sitting directly across from Plummer Park, this property spans a total lot size of 7,536 square feet, offering both charm and a substantial canvas for modern enhancements.

Property

3D Street View Tour

Property Location

7401 Fountain Avenue, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently

53 °F

Clear sky

Feels Like 52°F

Humidity 87%

Wind 7 mph

Visibility 6.2 mi

Sunrise 2:37 PM

Sunset 1:37 AM

5-Day Forecast

Tue 17 Feb

Rain

High 58°

Low 50°

Wed 18 Feb

Rain

High 58°

Low 49°

Thu 19 Feb

Clouds

High 56°

Low 47°

Fri 20 Feb

Clouds

High 59°

Low 45°

Sat 21 Feb

Clear

High 65°

Low 51°

Annual Climate Based on last 12 months

57° Avg Low

Jan

78° Avg High

Aug

49 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

23.4" Annual Rainfall

Arid climate

Monthly Temperatures

Jan

70°

46°

Feb

72°

48°

Mar

82°

55°

Apr

75°

54°

May

74°

57°

Jun

78°

60°

Jul

87°

65°

Aug

91°

68°

Sep

86°

65°

Oct

86°

61°

Nov

71°

52°

Dec

68°

47°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 7401 Fountain Avenue, Los Angeles, California, United States have?

This other at 7401 Fountain Avenue, Los Angeles, California, United States features 8 bedrooms with 6,040 square feet of living space.

What is the size of 7401 Fountain Avenue, Los Angeles, California, United States?

This property offers 6,040 square feet of living space.

What is the listing price for 7401 Fountain Avenue, Los Angeles, California, United States?

This property is listed at $224,900,000, which equals $37235 per square foot.

What is the climate like in Los Angeles?

Los Angeles features a pleasant climate. Average temperatures range from 57°F in winter to 78°F in summer. The area receives approximately 23.4 inches of precipitation annually. There are about 49 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Los Angeles?

Los Angeles tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 7401 Fountain Avenue, Los Angeles, California, United States?

This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.