Active

1617 N Fuller Ave

Los Angeles CA, 90046

$18,500,000


$436.33 per sqft

Active

62 Beds

72 Baths

42,399 sqft

Multi-family

Built in 1965

Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles. This Property has been in same family for over 30 years. Rents are 100 % below market ! The Market Cap Rate is over 7 % with a 10 x GRM . The Property boasts a lobby - pool- elevator - and room to add multiple ADU's , a gym and a roof top deck. Walk score here is 94. Premiere hiking trails nearby as well as Hollywood and Sunset Blvd eateries and shops. This is an amazing rental area -one of the most trendy, desirable and walkable neighborhoods in LA.Metro line is only a 15 min walk away and centrally located with Easy access to 101 freeway , Downtown and the San Fernando Valley. There is a tremendous amount of development and job availability in the immediate area. Netflix, Sunset Gower Studios, Nickelodeon, Capital Records within 15 min away. The property was built in 1965 but completely renovated in the 1980's.

22-185081

MLS ID

August 1, 2022

Listed

September 20, 2023

Updated

Map

1617 N Fuller Ave
Los Angeles CA, 90046

Interior Features

Total Stories

4


Bedrooms

62 Beds


Bathrooms

72 Baths


Fireplace

No


Cooling

Yes


Cooling Description

Air Conditioning


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.62 acres


Exterior Features

None

Other Property Details

Days on Market

330


Garage

Yes


Parking

Assigned, Covered Parking, Controlled Entrance, Community Garage, Gated


Parking Total

65


View

No


County

Los Angeles


Pool

No

Courtesy of Alex Galuz with Keller Williams Realty Calabasas
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Crystal Hefner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/20/2023

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