5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, or an office building or a mixed-use project. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000.
The income description goes here to explain
| List Price | $7,500,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 54979070667800001 |
| MLS # | PALH2012254 |
| Property ID | 321875938 |
| Lot Sqft | 13,939 |
| Zoning | B-2 |
| Days on Market | 248 |
| Original List Price | Unknown |
| Date Updated | December 08, 2025 |
| Date Created | June 08, 2025 |
Financials not available online. Please inquire with your agent for more details.
Loren K Keim an agent of . Lic #RB-045762-L
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT