1617 N Fuller Avenue
Los Angeles, CA 90046
62
Bed
0
Bath
42,399Sqft
27,129Sqft(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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 62Bathroom Information
Total Baths: 72 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Disposal -
Heating Source
Electric,Heat Pump Has Heating
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Building Information
Year Built: 1965 Building Area Total: 42,399
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6228 Lot Size Dimensions: 170x160 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 27129
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Listing Price Information
Original List Price: 16,495,000 Listing Contract Date: 2024-10-22 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5550016020
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Garage and Parking
Garage Description: UndergroundHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C20 - Hollywood Directions: Between Sunset and Hollywood Blvd just west of La Brea Zoning: LAR3 Source Property Type: Residential Income Area: C20 - Hollywood -
Building and Construction
Property Age: 61 Year Built Source: Vendor Enhanced Total Square Feet Living: 42399 Levels or Stories: Three Or More
How much is this property worth?
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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 | 4 | 4,018 | 4,018 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 | -- | 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 | $3,395,000 | 4 | 3 | 4,283 | 4,283 SqFt |
| 2841 Montcalm Avenue, Los Angeles, CA, 90046 | $3,999,000 | 4 | 2 | 4,409 | 4,409 SqFt |
| 2695 La Cuesta Drive, Los Angeles, CA, 90046 | $2,199,000 | 4 | 3 | 2,596 | 2,596 SqFt |
| 2651 La Cuesta Drive, Los Angeles, CA, 90046 | $2,495,000 | 5 | 5 | 6,140 | 6,140 SqFt |
| 7431 Del Zuro, Los Angeles, CA, 90046 | $1,650,000 | 3 | 2 | 1,361 | 1,361 SqFt |
| 1227 N Formosa Avenue #1, Los Angeles, CA, 90046 | $2,795,000 | 2 | 2 | 2,330 | 2,330 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 16:42
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