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  • Price$7,699,999
  • Beds13
  • Baths9
  • Sq. Ft.9,330
  • Built1926

8225 Fountain Ave, West Hollywood

Listed at a 3.74% cap rate. IMMEDIATE INCREASE TO A 6% CAP as unit #4 will be delivered vacant at COE. IMMEDIATE UPSIDE FOR INVESTORS. AMAZING OPPORTUNITY TO OWN A PIECE OF HISTORY!!! MILLS ACT APPROVED!!! *Patio del Moro / 7 Luxury Units in West Hollywood*On the National Register of Historic Places since 1986*A true West Hollywood Landmark*Located within the Harper Avenue Historic District*Once in a lifetime opportunity for ownership*Current Mills Act application for tax abatement*Built in 1925 by architect Arthur & Nini Zwebell*Andalusian Style building*Superior unit mix of 1 to 3 Bedroom Units*Large Units ranging from approximately 1,000-1,725 SF*9,330 SF of building improvements*7,995 SF lot*3 story building*Intertwined private terraces and patios*Juliet balconies, private outdoor spaces*Tremendous 25% upside in rents*Potential for condo conversion*Property is in excellent condition, *Former home of Charlie Chaplin, Humphrey Bogart and other historical celebrities*

Essential Information

  • MLS® #18326000
  • Price$7,699,999
  • Bedrooms13
  • Bathrooms9.00
  • Square Footage9,330
  • Acres0.00
  • Year Built1926
  • TypeResidential Income
  • Sub-TypeApartment Building
  • StatusActive

Amenities

  • Parking Spaces6
  • ParkingSide by Side

Additional Information

  • Date ListedMarch 22nd, 2018
  • Days on Market298
  • ZoningWDR4*

Community Information

  • Address8225 Fountain Ave
  • AreaWest Hollywood Vicinity (C10)
  • CityWest Hollywood
  • CountyLos Angeles
  • StateCA
  • Zip Code90046

Interior

  • Interior FeaturesIntercom
  • AppliancesDishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Refrigerator, Washer
  • HeatingWall Gas
  • CoolingWall Unit(s), Ceiling Fan(s)
  • # of Stories3

Listing Details

  • Listing AgentScott Gorelick(01876674)
  • Listing OfficeCompass

Price Change History for 8225 Fountain Ave, West Hollywood, CA (MLS® #18326000)

Date Details Price Change
Price Reduced $7,699,999 $800,001 (9.41%)
Price Reduced (from $8,500,000) $7,699,999 $800,001 (9.41%)
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Last updated on January 15th, 2019 at 7:30pm PST