5347 Fountain Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 4 bed, 4 bath
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Los Angeles, California 90029
This Turnkey Multi-Unit Asset is listed at $1,075,000, representing a stable investment opportunity near its $1,017,391 Fair Market Value. The property holds a High-End Condition Rating following a comprehensive renovation, featuring stone countertops, shaker cabinetry, and energy-efficient mini-split systems. Strategically located in Hollywood near the Hollywood/Western Metro and John Marshall Senior High, the location ensures high tenant retention and long-term desirability. This move-in-ready duplex is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a low-maintenance, income-generating property.
Property is new construction or fully renovated.
Although originally built in 1920, this duplex has undergone a complete high-end renovation within the last few years. The interiors feature modern shaker-style cabinetry, stone countertops, and stainless steel appliances in the kitchens. The bathrooms are fully updated with contemporary tile work and glass enclosures. Additional modern upgrades include new laminate flooring throughout, recessed lighting, updated windows, and the installation of energy-efficient mini-split heating and cooling systems, meeting current market standards for a turnkey property.
This fully renovated duplex features two 2-bedroom, 2-bathroom units with primary suites, offering immediate rental income potential or a perfect 'house-hack' scenario for owner-occupants.
Situated in a vibrant neighborhood with a 13-minute walk to the Hollywood/Western Metro Station and easy 101 Freeway access, the property ensures high tenant demand and excellent connectivity.
The property seamlessly blends 1920s Spanish-style exterior character with completely updated, move-in-ready interiors, providing the aesthetic appeal of a classic home without the need for immediate renovations.
With a total of 1,265 square feet split between two units, the individual 2-bedroom layouts are significantly undersized, which may limit appeal for those seeking spacious living areas.
The modest 2,868 square foot lot provides very little private outdoor space or yard, a common drawback in high-density areas that may deter residents prioritizing exterior amenities.
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. 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 | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 2.0 | 80% |
| Square foot | 1,265 | 2,881 | 20% |
| Lot Size | 2,868 | 6,752 | 20% |
| Price | $1.05M | $1.05M | 50% |
| Price per sq ft | $829 | $411 | 80% |
| Built year | 1920 | 1925 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 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 24, 2026
$1,095,000
Initial Listing
Mar 4, 2022
$885,000
Public Record
Apr 30, 2019
$645,000
Public Record