$1,499,000
-$100,0004920-4922 W Fountain Avenue, Los Angeles CA 90029
Multi-Family (Duplex)
Property type
616 days
On market
$905
Price per sqft
2 cars
Garage
1924
Year built
6,827 sqft
Lot size
Home highlights
Open Houses
Overview
Renovated Duplex fully leased at $6,600 Monthly rent. Possible Apts. Development project Market Rate Project: 16 units includes 2 Affordable. 4 story Building with1 level Subterranean parking 100% Affordable: ED1 Project; 28 units of Singles & 1 bedrooms with No Parking requirement.
Listing provided by: Roobik Ovanesian DRE #00997117 818-550-0760, Cranbrook Realty Corp.
Listing updated: May 22, 2026 at 07:35pm.
Last checked: Jun 3, 2026 at 11:00am
Source: CRMLS #GD24201571
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 3 | 0 | 1 | $6,600 | $6,600 | $6,600 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Dishwasher: 2
Disposal: 2
Rent Control: Yes
Tenant Pays: All Utilities, Electricity, Gas, Grounds Care, Janitorial Service
Financial Snapshot
Gross Rent Multiplier
18.9x
List Price / Annual Gross Rent
Cap Rate
4.28%
NOI / List Price
Gross Scheduled Income: $79,200
Vacancy Allowance: $0
Vacancy Allowance Rate: 0%
Operating Expense: $15,000
Net Operating Income: $64,200
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $2,000
Trash: $0
Water / Sewer: $0
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Flooring: Laminate
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Vented Exhaust Fan, Water Heater
Fireplace: Gas, Living Room
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Accessibility: No Stairs, Parking
Entry Location: St
Exterior
Architectural Style: Bungalow
Property Attached: Yes
Stories Total: 1
Roof: Shingle
Foundation: Concrete Perimeter, Raised
Construction Materials: Drywall, Frame, Glass, Concrete, Plaster, Stucco, Copper Plumbing
Exterior: Awnings
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors
Lot Features: Two To Five Units Acre, Back Yard, Lawn, Rectangular Lot, Street Level
Pool: None
Fencing: Chain Link, Wood, Wrought Iron
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Door Single, Driveway, Garage, Gated, On Site, Paved
Garage Spaces: 2
Uncovered Spaces: 5
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5540010003
Additional Parcels: No
Tax Lot: 3
Zoning: LAR3
Lot Size Dimensions: 50 X 136.5
Lot Dimensions Source: Assessor
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 4920-4922 W Fountain Avenue, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,199,200
Total Interest
$1,529,514
Total Payment
$2,728,714
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,291
per month
Property History for 4920-4922 W Fountain Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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