$2,500,000

5200 Fountain Avenue, Los Angeles, CA 90029

  • 3,040 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,643sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $822/sqft
  • Property List Date Icon Listed 10 days ago

Property 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 3 recently remodeled units and offers exceptional flexibility for owner-users, investors, and developers. The two units, 5200 and 5202 Fountain Ave, together totaling approximately 2,200 square feet, may be sold separately for $1,680,000. Additionally, the property is located within both an Opportunity Zone and the Enterprise Zone Act Program/Employment and Economic Incentive Act Program, potentially providing buyers with valuable tax benefits and economic incentives. 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 Status:
Active
Date Added:
June 15, 2026
Data Last Updated:
June 26, 2026 at 4:18AM
Listing Office:
Seeders Real Estate : 661-675-6000
Listing Agent:
Julius Chung : 213-336-1336
MLS ID:
26848147
  • A/C: Wall/Window Unit(s)
  • Heating: None
  • Parking: Parking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR35537013007
  • Source: CRMLS_CL

This listing courtesy of Julius Chung , Seeders Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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