1617 N Fuller Ave Los Angeles, CA 90046
Property details
About 1617 N Fuller Ave
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.
Highlights
Summary
- MLS Number: 24455673
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Calabasas
- Office Phone: (818) 657-6500
- Listing Agent: Alex Galuz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/2/2025, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$18,500,000
1617 N Fuller Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 10, 1993 | Home Sold | $2,675,000 |
Dec 22, 1988 | Home Sold | $3,450,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $4,470,112 | $59,053 |
2023 | $4,382,709 | $57,995 |
2022 | $4,297,021 | $55,467 |
2021 | $4,213,012 | $54,573 |
2020 | $4,157,403 | $53,035 |
2019 | $4,075,887 | $52,584 |
2018 | $3,995,968 | $51,437 |
2017 | $3,917,617 | $51,437 |
History based on county public records data.
Nearby schools
4
Gardner Street Elementary
Public District PK-5
0.2 mi
•7450 Hawthorn Ave
9
Melrose Avenue Elementary School
Public District KG-5
1.1 mi
•731 N Detroit St
5
Vine Street Elementary
Public District KG-6
1.5 mi
•955 Vine St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,669. Most Los Angeles, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
Frequently asked questions
About 1617 N Fuller Ave
This home is located at 1617 N Fuller Ave in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 42,399 square foot home, which was built in 1965, sits on a 0.62 acre lot. Features: 62 bedrooms, 72 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $18,500,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.