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Los Angeles, CA

$968,000

5061 Fountain Avenue, Los Angeles, CA
2
Beds
1
Baths
1,120
Sq Ft
1920
Built
159
Days listed

About this home

MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! PRICE REDUCED AND THE OWNER MAY CARRY THE LOAN!! THIS HOME WOULD BE PERFECT FOR YOU, OR TO HAVE AN IN-TOWN HOME - AND DID YOU KNOW THAT YOU CAN ALSO SELL FOOD/BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS ON THIS ACTIVE LOCATION - FOUNTAIN AVEUE - 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 Club, and More! They all existed when this Home was first built! Ohhhh, only if those walls can talk! Walking distance to Sunset Boulevard, and the Bus Line, and lots of Fun Places! There is Off-Street Parking in front of the Garage which was converted to Your Dream Room for Arts & Crafts, or a Home Gym, or a Study to write your Next Book, and so much more! And for Gatherings there is an Iron-Gated Front Yard, as well as an Easy-Care-Landscape Backyard! The Yards are Perfect for your Pets as they can Freely Explore the Yard Areas! This Home is Easy to find with an Offering Sign on property. Be sure to Grab This One, as the Price is on the Low Low Side of the Real Estate Market! And, after all, it's Hollywood, World Famous Hollywood, just like the World Famous Musso & Frank's which was open in the 1920's, a true staple on Hollywood Boulevard known for its Old-World Charm! This Home's History may somehow help many remember the 1920's Fun, the Wild Parties, and, of course, the Flappers; after all they were the Cat's Meow!! Seller may consider carrying, subject to Installment Sale terms.

Facts & features

Interior
Bedrooms
2
Bathrooms
1 full, 0 half
Living area
1,120 sq ft
Interior features
Workshop
Flooring
Wood
Fireplace
None
Heating
Wall Furnace
Cooling
None
Laundry
Inside
Levels
One
Spa
None
Exterior & lot
Lot size
0.075 acres (3,257 sq ft)
Pool
None
View
City Lights
Architectural style
Contemporary
Year built
1920
Parking
Carport
Parking spaces
1
Community
Area
C 20 - Hollywood
County
Los Angeles
Community features
Gated
Listing details
Status
Active
Property type
Single Family Residence
Days on market
159
Listed
2026-02-13
Original price
$1,345,000
Parcel #
5543027011
MLS #
26651903
Listed by
Jonathan Jay · Bruce Jay Associates

Location

Price history

Listed
$1,345,000 · 2026-02-13
Price reduced
$968,000 (−$377,000)
Days on market
159
Current price
$968,000
Financing

Could this home be yours?

Estimated monthly payment
$6,072
$4,895 principal & interest · $1,178 taxes & insurance
$193,600
Estimate only
Loan $774,400

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Estimated value range nearby
$620,617$728,550

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Listing data provided by CRMLS

Listing courtesy of Bruce Jay Associates. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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5061 Fountain Avenue, Los Angeles, CA — $968,000 | Your Agent