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Active45 days on market

$995,000

5061 Fountain Avenue, LOS ANGELES, CA 90029

Single Family Residence

2 Beds
1 Baths
1,120 Sqft

Description

HUGE PRICE REDUCTION - BAKERY ITEMS TO SELL? YES, THIS WOULD BE PERFECT TO SELL BAKERY ITEMS LIKE CAKES OR DONUTS OR ANY OF YOUR MAGICAL TREATS! YOU CAN OPEN YOUR BUSINESS ON BUSY FOUNTAIN AVENUE! THIS IS THE MOST AFFORDABLE HOME EVER FOR YOU AND YOUR BUSINESS! BUILT WITH 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!!

Property Details

Bedrooms

2

Bathrooms

1

Living Area

1,120 sqft

Lot Size

3,257 sqft

Year Built

1920

Stories

1

View

Yes

Price History

-26.0%
Feb 13, 2026Mar 30, 2026$942K$1.1M$1.2M$1.4M

Listed

Feb 13, 2026

$1.34M

Price Change

Mar 30, 2026

$995,000

$-350,000

Current List Price$995,000

Location

Google
Map data ©2026 Google
Map data ©2026 Google

Location Scores

Computing location scores...

What's Nearby

Restaurants, parks, schools, and more within 3 km. Powered by Google Places.

Hollywood Hotel

Hollywood Hotel

3.6
(3,319)

District of Hollywood, 1160 North Vermont Avenue, Los Angeles

Roscoe's Chicken & Waffles

Roscoe's Chicken & Waffles

4.2
(5,870)
$$$

1514 North Gower Street, Los Angeles

Cafe Gratitude

Cafe Gratitude

4.6
(1,562)
$$$

639 North Larchmont Boulevard, Los Angeles

Katsuya

Katsuya

4.3
(918)
$$$$

6300 Hollywood Boulevard, Los Angeles

Academy LA

Academy LA

3.7
(723)
$$$$

6021 Hollywood Boulevard, Los Angeles

Alcove

Alcove

4.5
(2,094)
$$$

1929 Hillhurst Avenue, Los Angeles

Palms Thai Restaurant

Palms Thai Restaurant

4.4
(2,184)
$$$

5900 Hollywood Boulevard b, Los Angeles

Cafe Stella

Cafe Stella

4.4
(392)
$$$$

3932 Sunset Boulevard, Los Angeles

8 places within 3 km · Google Places

8
8
8
8
8

Listed by Jonathan Jay — Bruce Jay Associates (MLS# CLW-C122889)

MLS# 26651903

Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 4/6/2026. All data, including 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Rose DistrictRose District — DRE# 02356332

Interested in This Property?

By submitting, you agree to be contacted by Rose District, Inc. via phone, email, and text.

Mortgage Calculator

Estimate your monthly payment

Estimated Monthly Payment

$6,174.92

per month

$
%
$199,000
%
Principal & Interest$5,162.84
Property Tax$912.08
Insurance$100.00

Loan Amount

$796,000

Down Payment

$199,000

Total Interest

$1,062,623

Total Cost

$2,222,973

Rose District

Rose District

Real Estate Team

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