$1,998,000
4281 Fountain Ave, Los Angeles, CA 90029
Discover the extraordinary potential of this one-of-a-kind multi-unit property, walking distance to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space suitable for multiple businesses, a luxurious residence, or a harmonious combination of both.The current zoning permits the construction of approximately three additional units or ADUs (Accessory Dwelling Units), maximizing the property's income potential. Moreover, the parking lot features an income-generating billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not only reimagine the existing structure but also expand it by an additional 400 square feet.Unlock the possibilities and make this unique property your canvas for creative ventures. Explore its potential as a lucrative investment, a dream home, or a blend of both, in a prime location with endless opportunities.
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