1617 Fuller Avenue, Los Angeles, CA 90046
  • MLS#: 24455673 ( )
  • Street Address: 1617 Fuller Avenue
  • Viewed: 1
  • Price: $18,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 24
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90046
  • Provided by: Keller Williams Realty Calabasas
  • Contact: Alex Alex
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
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Features
Appliances
  1. Disposal
Architectural Style
  1. Contemporary
Building Area Total
  1. 42399.00
Country
  1. US
Direction Faces
  1. East
Heating
  1. Heat Pump
  2. Electric
Levels
  1. Three Or More
Netoperatingincome
  1. 866000.00
Parcel Number
  1. 5550016020
Parking Features
  1. Subterranean
Sourcesystemkey
  1. 24-455673:CLAW
Totalexpenses
  1. 428500.00
View
  1. Park/Greenbelt
Year Built
  1. 1965
Zoning
  1. LAR3