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For sale
  • Price cut: $20K (7/22)
    $968,000

    5061 Fountain Ave, Los Angeles, CA 90029

    2beds
    1,120sqft
    : 
    $6,383/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1920
    3,258 Square Feet Lot
    $956,900 Zestimate®
    $864/sqft
    $-- HOA

    What's special

    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.
    167 days
    |
    176
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Jay DRE # 01979786 323-660-3600,

    Bruce Jay Associates 323-660-3600

    Source: CLAW,MLS#: 26651903MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Breakfast, Art Studio, Billiard Room, Card Room, Crafts, Converted Garage, Gym, Living Room, Office, Other, Rec Room, Workshop
      Heating
      • Wall
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      • Laundry: Inside
      Features
      • Flooring: Wood
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,120
      • Total interior livable area: 1,120 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Has carport: Yes
      • Uncovered spaces: 1
      Features
      • Levels: One
      • Entry location: Living Room
      • Pool features: None
      • Spa features: None
      • Fencing: Wrought Iron,Fenced Yard,Fenced
      • Has view: Yes
      • View description: City Lights, Tree Top
      Lot
      • Size: 3,258 Square Feet
      • Dimensions: 56 x 58
      • Features: Back Yard, Front Yard, Curbs, Rectangular Lot, Lot-Level/Flat, Redevelopment Area, Yard, Sidewalks, Single Lot, Street Lighting, Value In Land, City Lot, Near Public Transit
      Details
      • Additional structures: None
      • Parcel number: 5543027011
      • Zoning: LAR3
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Residential, Single Family Residence
      Materials
      • Stucco
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Year built: 1920

      Utilities & green energy

      • Water: Public
      • Utilities for property: Utilities - Overhead

      Community & HOA

      Community
      • Security: Gated, Security System Owned, Window Bars
      HOA
      • Has HOA: No
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $864/sqft
      • Tax assessed value: $744,600
      • Annual tax amount: $9,157
      • Date on market: 2/15/2026
      • Road surface type: Asphalt, Paved

        Estimated market value

        $956,900

        $909,000 - $1.00M

        $2,884/mo

        Price history

        DateEventPrice
        7/22/2026Price change$968,000-2%$864/sqft
        Source: CLAW #26651903 Report a problem
        6/6/2026Price change$988,000-0.7%$882/sqft
        Source: CLAW #26651903 Report a problem
        3/30/2026Price change$995,000-9.5%$888/sqft
        Source: CLAW #26651903 Report a problem
        3/18/2026Price change$1,100,000-8.3%$982/sqft
        Source: CLAW #26651903 Report a problem
        3/11/2026Price change$1,200,000-5.9%$1,071/sqft
        Source: CLAW #26651903 Report a problem
        2/27/2026Price change$1,275,000-1.5%$1,138/sqft
        Source: CLAW #26651903 Report a problem
        2/20/2026Price change$1,295,000-3.7%$1,156/sqft
        Source: CLAW #26651903 Report a problem
        2/15/2026Listed for sale$1,345,000+151.4%$1,201/sqft
        Source: CLAW #26651903 Report a problem
        4/9/2024Sold$535,000+529.4%$478/sqft
        Source: Public Record Report a problem
        8/4/1995Sold$85,000$76/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,157 +368.3%$744,600 +438%
        2024$1,955 +1.7%$138,407 +2%
        2023$1,922 +4.5%$135,694 +2%
        2022$1,840 +1.4%$133,034 +2%
        2021$1,814 -0.7%$130,426 +1%
        2020$1,827 $129,090 +2%
        2019$1,827 +6.9%$126,560 +2%
        2018$1,709 $124,080 +2%
        2017$1,709 +2.2%$121,648 +2%
        2016$1,672 +2.9%$119,263 +1.5%
        2015$1,626 +0.5%$117,473 +2%
        2014$1,618 $115,173 +2.5%
        2012-- $112,406 +2%
        2011-- $110,203 +0.8%
        2010-- $109,380 -0.2%
        2009-- $109,640 +2%
        2008-- $107,491 +2%
        2007-- $105,385 +2%
        2006-- $103,320
        2005-- $103,320 +4%
        2004-- $99,310 +1.9%
        2003-- $97,491 +2%
        2002-- $95,580 +4%
        2000-- $91,871
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hollywood

        Getting around

        92 / 100
        Walker's Paradise
        69 / 100
        Good Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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