5200 Fountain Ave
LOS ANGELES, CA 90029

Property

Ownership: For Sale
Area: 4642 sq ft
Lot Size: 0.1 Acres

Financials

Price:$2,500,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Seeders Real Estate

5200 Fountain Ave La

Description

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.

CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.