The Subject Property is located at the corner of Fountain Ave and N. Martel Street. To be sold along with neighboring property 1308 N Martel totaling a lot size of 13,693 sqft. It is a triplex, three separate houses, each one with 1 bedroom and 1 bath. The property has a lot size of 6,962 sq. ft. and is zoned R3, which offers a great development potential. The property is located in the highly desirable area of Hollywood and adjacent to West Hollywood.
Sold for $3,300,000
Listed by: Global Capital Advisors, Inc. • Gary Mkrtichyan • Contact: 818-939-8855
Bought with: Lyon Stahl Investment Real Estate, Inc.
$3,300,000
7317 Fountain Ave, Los Angeles, CA 90046
4beds
4baths
2,107sqft
Triplex
Built in 1914
-- sqft lot
$1,573,300 Zestimate®
$1,566/sqft
$4,954 Estimated rent
Home value
$1,573,300
$1.32M - $1.86M
$4,954/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gary Mkrtichyan DRE #01955014 818-939-8855,
Global Capital Advisors, Inc.
Bought with:
Jordan Asheghian, DRE #01886605
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: GD24220796
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,107
- Total interior livable area: 2,107 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: Front door
- Pool features: None
Lot
- Size: 6,927 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5550019073
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,566/sqft
- Tax assessed value: $102,385
- Annual tax amount: $1,625
- Date on market: 1/13/2025
- Cumulative days on market: 3 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2025 | Sold | $3,300,000+100%$1,566/sqft |
Source:  CRMLS #GD24220796 Report a problem | ||
| 2/11/2025 | Contingent | $1,650,000$783/sqft |
Source: CRMLS #GD24220796 Report a problem | ||
| 1/14/2025 | Listed for sale | $1,650,000$783/sqft |
Source: CRMLS #GD24220796 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,625 +2.8% | $102,385 +2% |
| 2024 | $1,580 +1.3% | $100,379 +2% |
| 2023 | $1,560 +3.8% | $98,412 +2% |
| 2022 | $1,503 +2.2% | $96,483 +2% |
| 2021 | $1,471 -0.6% | $94,592 +1% |
| 2020 | $1,480 | $93,623 +2% |
| 2019 | $1,480 +6.3% | $91,788 +2% |
| 2018 | $1,393 | $89,989 +2% |
| 2017 | $1,393 +1.7% | $88,226 +2% |
| 2016 | $1,369 +4.1% | $86,497 +1.5% |
| 2015 | $1,316 -1% | $85,198 +2% |
| 2014 | $1,329 | $83,530 +11.5% |
| 2006 | -- | $74,937 |
| 2005 | -- | $74,937 +4% |
| 2004 | -- | $72,029 +1.9% |
| 2003 | -- | $70,710 +2% |
| 2002 | -- | $69,324 |
Find assessor info on the county website
Neighborhood: Hollywood
Nearby homes
- $682,1001 bd1 ba600 sqft7321 Fountain Ave, West Hollywood, CA 90046Off Market
- $1,650,0002 bd1 ba1.4k sqft1308 N Martel Ave, Los Angeles, CA 90046Sold
- $917,4002 bd1 ba800 sqft1302 N Martel Ave, Los Angeles, CA 90046Off Market
- $827,0001 bd1 ba1k sqft7315 Fountain Ave, Los Angeles, CA 90046Off Market
- $1,363,7004 bd3 ba2.8k sqft7300 Fountain Ave, West Hollywood, CA 90046Off Market
- $--2 bd1 ba1k sqft1318 N Martel Ave #1318, Los Angeles, CA 90046Off Market
- $--2 bd1 ba1k sqft1318 N Martel Ave, Los Angeles, CA 90046Off Market
- $--2 bd1 ba1k sqft1318 N Martel Ave APT 7, Los Angeles, CA 90046Off Market
Nearby schools
GreatSchools rating
- 8/10Gardner Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Hubert Howe Bancroft Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,573,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,573,300
- California
- Los Angeles County
- Los Angeles
- 90046
- Hollywood
- 7317 Fountain Ave
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