5200 Fountain Ave La
| Website: | https://www.nestseekers.com/5571358 |
|---|---|
| Address: | 5200 Fountain Ave LOS ANGELES, CA 90029 |
| Ownership: | For Sale |
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| Area: | 4642 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$2,500,000
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.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Seeders Real Estate | |
