5347 Fountain Ave, Los Angeles, California 90029, Los Angeles, 90029 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90029
Analysis of 5347 Fountain Ave, Los Angeles, California 90029 is currently available with a list price of $1,049,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1920, this duplex has undergone a comprehensive recent renovation. The interiors feature brand-new laminate flooring, recessed lighting, and modern mini-split HVAC systems. The kitchens are fully updated with white shaker cabinets, stone countertops, and new stainless steel appliances. Bathrooms have been completely remodeled with contemporary tile work and new fixtures. The property is in turnkey condition with no visible deferred maintenance.
The property is fully renovated with updated interiors and Spanish-style exterior enhancements, offering a move-in-ready experience that eliminates the need for immediate capital expenditures.
With one unit delivered vacant, this duplex is ideal for an owner-user looking to 'house-hack' by living in one unit while renting the other, or for an investor to capture immediate market-rate rental income.
Boasting a high-connectivity location, the property is just a 13-minute walk from the Hollywood/Western Metro Station and offers rapid access to the 101 Freeway, making it highly attractive to commuters.
The compact lot size of 2,868 square feet suggests minimal yard space or private outdoor areas, which may be a drawback for tenants with pets or those seeking significant outdoor amenities.
While centrally located, many of the immediate public school options carry lower performance ratings, which could impact long-term appeal for families with school-aged children.
Fully Renovated Duplex in Prime Hollywood! Incredible opportunity for both owner-users and investors. Each unit is a full 2 bed/2 bath with a primary suite. With one unit to be delivered vacant, this property is ideal for a buyer looking to live in one unit while generating rental income from the other, or for an investor seeking immediate upside and strong cash flow potential. Thoughtfully renovated, the duplex features updated interiors paired with charming Spanish-style exterior enhancements that add character and curb appeal. Centrally located with convenient access to the 101 Freeway, shopping, dining, and entertainment, this property offers easy connectivity to Downtown Los Angeles, Hollywood, and nearby hotspots. Only a 13 minute walk to the Hollywood/Western Metro Station. Move-in ready and situated in one of LA’s most vibrant and evolving neighborhoods, this is a rare opportunity you won’t want to miss.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 633 | 2,881 | 20% |
| Lot Size | 2,868 | 6,752 | 20% |
| Price | $1.05M | $1.05M | 50% |
| Price per sq ft | $1.7K | $411 | 80% |
| Built year | 1920 | 1925 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 335 | 20% |
Apr 20, 2026
$1,049,000
$1,075,000
-2% Price Drop
Initial Listing
Apr 2, 2026
$1,075,000
$1,095,000
-2% Price Drop
Initial Listing
Mar 18, 2026
$1,095,000
Initial Listing
Mar 4, 2022
$885,000
Public Record
Apr 30, 2019
$645,000
Public Record