1617 N Fuller Ave

Hollywood Hills West, Los Angeles, CA 90046

$18,500,000
62
beds
Multi Family Townhouse

AGENTS

Bachir Oueida
  • Licensed Real Estate Salesperson
  • DRE #: 00936311
V-Card
Source of Data:
Combined Los Angeles/Westside MLS
Combined Los Angeles/Westside MLS

Property Description

Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles. This Property has been in same family for over 30 years. Rents are 100 % below market ! The Market Cap Rate is over 7 % with a 10 x GRM . The Property boasts a lobby - pool- elevator - and room to add multiple ADU's , a gym and a roof top deck. 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 15 min away. The property was built in 1965 but completely renovated in the 1980's.
Show MoreShow Less

PROPERTY DETAILS

  • Interior
    42,399 Sq Ft.
  • Exterior
    .62 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
    1965
  • MLS/Listing ID
    22-185081
  • Days On Market
    308

BUILDING/PROPERTY DETAILS

  • Air Conditioning
Show MoreShow Less
Listing Courtesy of Keller Williams Realty Calabasas, Alex Galuz - 01291486 - 310-466-0888