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1617 N Fuller Avenue

Los Angeles, CA 90046
Mark as Favorite
Bed 62

Bed

Bath 0

Bath

SqFt42,399

Sqft

SqFt27,129

Sqft(Lot)

Seller finally says Sell! Over a $1M price reduction ! 5.25 cap with significant upside and room to convert the recreation rooms into two ADU's. 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 40 years. Rents are 35 % below market ! The Market Cap Rate is over 8% with a 9 x GRM. Property has an inviting lobby - large 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. Units have central A/C . Walk score 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. This property is surrounded by condos and an astute buyer can take this property to the next level with some cosmetic upgrades.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $16,495,000

AD Id : 60024840

MLS Id : 24455673

Beds : 62

Lot Size : 27,129 Sqft

Living Area Size : 42,399

Year Built : 1965

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 62

    Bathroom Information

    Total Baths: 72
  • Interior Features

    Appliances: Disposal
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump

  • Building Information

    Year Built: 1965
    Building Area Total: 42399
    Private Pool: No
    View: Park/Greenbelt

  • Lot Information

    Lot Dimensions: 170x160 Main Square Feet: 27129 Lot Size Acres: 0.6228 Lot Size Square Feet: 27,129

  • Listing Price Information

    Listing Price: $16495000
    Original Price: $17300000

  • Tax Information

    Parcel Number: 5550016020

  • Location Information

    Direction: Between Sunset and Hollywood Blvd just west of La Brea
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2004 La Brea Terrace, Los Angeles, CA, 90046 $4,998,000 4 5 4,018 4,018 SqFt
1754 N La Brea Avenue, Los Angeles, CA, 90046 $1,495,000 6 4 4,456 4,456 SqFt
1750 N La Brea Avenue, Los Angeles, CA, 90046 $1,495,000 4 4 4,046 4,046 SqFt
7305 Pyramid Place, Los Angeles, CA, 90046 $17,888,000 7 8 9,200 9,200 SqFt
7142 Marshfield, Los Angeles, CA, 90046 $2,190,000 4 4 2,880 2,880 SqFt
7148 Marshfield, Los Angeles, CA, 90046 $1,190,000 2 1 1,236 1,236 SqFt
1530 N Formosa Avenue, Los Angeles, CA, 90046 $3,100,000 13 13 8,198 8,198 SqFt
2650 Lisco Pl, Los Angeles, CA, 90046 $3,400,000 6 6 3,700 3,700 SqFt
7377 Pyramid Place, Los Angeles, CA, 90046 $3,295,000 4 3 4,283 4,283 SqFt
2695 La Cuesta Drive, Los Angeles, CA, 90046 $1,999,000 4 3 2,596 2,596 SqFt

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ByOwner last updated this listing 08/26/2026 @ 08:44

MLS: 24455673 LISTED BY: Alex Galuz, Keller Williams Realty Calabasas 818-657-6500 SOURCE: CRMLS

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