$ 18,500,000
-
$18,500,000
Price -
3
Bed -
4
Bath -
42,399
SqFt
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About the Listing CLW-X80540 - CLW-X55570
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 Highlights for 1617 N Fuller Ave
Status
Active
Days on Site
319
Property Type
Multi-Family
MLS ®
24455673
Year Built
1965
Total Square Footage
42,399
Lot/Acreage
0.62
County
Los Angeles
Area
C20 - Hollywood
Interior Details
- Bedrooms: 3
- Bathrooms: 4 Full
- Appliances: Disposal
- Air Cond:
- Heating: Heat Pump,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 65
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Subterranean
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5550016020
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1617 N Fuller Ave Los Angeles, CA 90046
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