- 3 Beds
- 4 Baths
- 42,399 Sqft
- .62 Acres
1617 Fuller Avenue
Seller finally says Sell! Nearly $1M price reduction ! 5 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.
Essential Information
- MLS® #24455673
- Price$17,700,000
- Bedrooms3
- Bathrooms4.00
- Square Footage42,399
- Acres0.62
- Year Built1965
- TypeResidential Income
- StyleContemporary
- StatusActive
Community Information
- Address1617 Fuller Avenue
- AreaC20 - Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90046
Amenities
- Parking Spaces65
- ParkingUnderground
- GaragesUnderground
- ViewPark/Greenbelt
Interior
- AppliancesDisposal
- HeatingElectric, Heat Pump
- # of Stories4
- StoriesThree Or More
Additional Information
- Date ListedOctober 22nd, 2024
- Days on Market384
- ZoningLAR3
Listing Details
- AgentAlex Galuz
Office
Keller Williams Realty Calabasas
Price Change History for 1617 Fuller Avenue, Los Angeles, (MLS® #24455673)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $18,500,000 to $17,700,000 | ||
| Price Increased from $17,300,000 to $18,500,000 |
Alex Galuz, Keller Williams Realty Calabasas.
Based on information from California Regional Multiple Listing Service, Inc. as of November 10th, 2025 at 7:56am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.