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Los Angeles, CA 90046 1617 N Fuller Avenue

$18,500,000

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Presented By: Yana Galuz with Keller Williams Realty Calabasas;
  • MLS# 24342957
  • 01/02/2024
  • Request Tour
  • Request Info
  • BedBeds • 62
  • BathBaths • 72
  • FootageSQFT • 42,399

Home Details

Trophy Value Add Multifamily Investment Opportunity in Prime Hollywood Hills area of Los Angeles. This property has been in the same family for over 30 years. Rents are nearly 100 % below market. Property has a nice lobby, Pool and lounge area, elevator service and room for a gym and business center or convert to ADU's. Property was built in 1965 but fully renovated in the 1980's. Walk score is 94. Premiere hiking trails are nearby as well as all Hollywood Blvd and Sunset Blvd entertainment venues and eateries. Metro line is only a 15 min walk away. Easy access to Downtown LA and the San Fernando Valley. Netflix, Gower and Nickelodeon Studios are nearby as well and Capital Records. This is an amazing rental area in one of the most trendy and walkable neighborhoods in LA.
Presented By: Yana Galuz with Keller Williams Realty Calabasas;

Interior Features for 1617 N Fuller Avenue

Bedrooms

Total Bedrooms62

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths72

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixAvenue
Total Stories4

General for 1617 N Fuller Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator
Attached Garage No
Cap Rate4.76
Carport Spaces60.0
Carport Y/NYes
CityLos Angeles
CountyLos Angeles
Days on Market8
DirectionsBetween Sunset and Hollywood and Between Fairfax and La Brea
Garage Y/NNo
Gross Income1324981.0
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet27129.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income881111.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameFuller
Total Units60
View Y/NNo
Waterfront Y/NNo
Year Built1965
ZoningLAR3

Exterior for 1617 N Fuller Avenue

Building Area Total42399.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions170x160
Lot Size Acres0.6228
Lot Size Area27129.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesControlledEntrance, Covered
SpaNo
Total Parking65.0

Additional Details

Price History

1527188455

First Team Client Services

Price $18,500,000
MLS#24342957
List Date 01/02/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors