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$750,000

Listing Price

2beds

1baths

1,120sqft

3,287sqft lot

5061 Fountain Ave, Los Angeles, CA 90029

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

704.36

Price / sqft

1920

Year built

Home Details

CUTE & COZY AND GREAT EASY ACCESS LOCATION! HUGE PRICE REDUCTION! WE WERE TOLD THAT THIS HOME WOULD BE A PERFECT INVESTMENT AS AN AIR b&b RENTAL, OR FOR YOUR OWN USE AS A SECOND IN-TOWN HOME. WE WERE TOLD THAT YOU CAN ALSO SELL FOOD & BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS AT THIS ACTIVE LOCATION - FOUNTAIN AVEUE WITH A FRONT YARD FOR TABLES, CHAIRS, AND UMBRELLAS! - APPROVABLE BY THE CITY (you can check the details with the City)! YOU CAN OPEN YOUR BUSINESS ON BUSY FOUNTAIN AVENUE! THIS IS THE MOST AFFORDABLE HOME EVER FOR YOU AND YOUR BUSINESS! BUILT WITH PRE-DEPRESSION 1920's INTEGRITY! NOTE THIS IMPORTANT MESSAGE: It is Entirely Legal in Los Angeles to sell goods or bakery on an R-1 lot, provided that vendors comply with the Sidewalk & Park Vending Permit requirements. The Safe Sidewalk Vending Act allows for the decriminalization of sidewalk vending, but vendors must still adhere to local regulations and obtain the necessary permits. It is advisable to check with local authorities for specific rules and regulations regarding vending on R-1 lots. AND RIGHT NEXT TO THE HOME IS A PERFECT AREA FOR YOUR BAKERY CREATIONS! THIS IS A GREAT OFFER FOR YOU AND YOUR BUSINESS.......WITH A HUGE PRICE DROP! Truly an Amazing Location for this Roaring Twenties Home, a True Visit to a Remarkable Past! The Grand Entry is Adorned with Fluted Pillars on each side! This Location brings back the Music, the Charleston, the Speakeasies like The Stork Club, The Cotton Clu

Interior Details

Square Feet
  • 1120

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3287

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • Wood

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,764

$75,937

$53,153

--%

$129,090

2019

$1,764

$74,449

$52,111

--%

$126,560

2018

$1,708

$72,990

$51,090

--%

$124,080

2017

$1,672

$71,559

$50,089

--%

$121,648

2016

$1,625

$70,156

$49,107

--%

$119,263

2014

$1,617

$67,750

$47,423

--%

$115,173

2013

$1,617

$67,444

$47,209

--%

$114,653

2012

$1,594

$66,122

$46,284

--%

$112,406

percent-home-icon

Average Home Price in 90029

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$750,000

2 Beds

1 Baths

1,120 Sqft

3,287 Lot (sqft)

Sold 09/29/2026

$1,030,443

2 Beds

1 Baths

1,106 Sqft

7,499 Lot (sqft)

Sold 10/06/2026

$1,261,223

2 Beds

1 Baths

1,288 Sqft

6,143 Lot (sqft)

Sold 09/29/2026

$979,000

2 Beds

1 Baths

954 Sqft

5,165 Lot (sqft)

Sold 10/05/2026

$749,000

2 Beds

1 Baths

988 Sqft

2,371 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
750,000
$
Down payment
150,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,500
$
HOA (Monthly)
0
$
PMI
0
$
$4,855
Your Payment
Total Monthly Payment:$4,855
Percent of Income:83%
Affordable:No

Details for 5061 FOUNTAIN AVE

Property Debt

Foreclosure Contact Details