1617 N Fuller Avenue, Los Angeles, CA 90046 - Berkshire Hathaway HomeServices California Properties

1617 N Fuller Avenue, Los Angeles, CA 90046

$18,500,000 Approx. USD 62 beds, 72 baths
42,399 sqft

Listing Agent


Alex Galuz | alex@galuzgroup.com
Lic#: 01291486
Broker: Courtesy of Keller Williams Realty Calabasas

Agent Remarks

Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles, CA.This Property has been in same family for over 30 years.Rents are 50 % below market ! The Market Cap Rate is over 8% with a 9 x GRM.Property has lobby - pool- elevator - room to add multiple ADU's , a gym and a roof top deck.The property was built in 1965 but completely renovated in the 1980s. 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 a 10 min drive.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24455673
Price: $18,500,000
Beds: 62
Baths: 72
Built in 1965
42,399 sqft
0.62 acres
Lot size: 0.6228
County: Los Angeles
Property style: Contemporary
Zoning: LAR3
Appliances: Disposal
Parking description: Underground
Heating description: Electric,Heat Pump
MLS area: C20 - Hollywood

Last Updated: 12/8/2024

 Days On Market (DOM): 169

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This listing belongs to the C20 - Hollywood MLS area

The style of this listing is Contemporary.
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Lat/Long: 34.100360, -118.349297.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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