$5,700,000
SOLD MAR 28, 2025

1226 N Fuller Ave West Hollywood, CA 90046

3 Beds
3 Baths
17,468 Sq Ft
0.34 Acres

Recently Sold

$326 Per Sq Ft

1% Below List Price

33 Days on Market

Highlights

  • Gated Parking
  • Community Pool
  • Laundry Room
  • 0.34 Acre Lot
  • Park
  • 2-minute walk to Plummer Park

About This Home

As of March 2025

We are proud to present The Enclave, located at 1226 North Fuller Avenue in the City of West Hollywood, California. This investment opportunity presents an ideal income property for an investor looking to acquire an attractively priced asset in a highly desirable sub-market of Los Angeles.

The Enclave is a highly improved and well-kept apartment complex comprised of (19) 1-Bedroom + 1-Bath and (3) 2-Bedroom + 2-Bath well-appointed units, totaling 17,468± BSF. It was built in 1964 and is located on a 14,858± SF lot, zoned WDR3B*.

Situated on a quiet and beautiful tree-lined street, The Enclave provides each of its tenants with an array of communal amenities, including secured intercom entry with 24-hour CCTV security cameras through­out, along with 22 assigned parking spaces, lush and mature landscaping, a sparkling swimming pool with outdoor lounge, and an on-site laundry facility.

In addition, the property features (8) massive unutilized 6’ x 16’ walk-in storage rooms that the current ownership has yet to monetize, allowing for the potential of an additional income stream.

1-Bedroom + 1-Bath Units:

There is a total of 19 one-bedroom units, with an average rent of $2,026. Current market rents for similar one-bedroom units in the area are hovering around $2,500± providing a 23% rental upside. Several units have been renovated with laminate wood floors, granite countertops, and a stainless-steel appliance package. In addition to those upgrades, unit amenities also include air conditioning, microwave, dishwasher, range oven, and balconies or patios.

2-Bedroom + 2-Bath Units:

There is a total of (3) two-bedroom units, with an average rent of $2,430. Current market rents for similar 2-bedroom units in the area are averaging $2,995± for a 23% rental upside potential. Several units have been renovated with laminate wood floors, granite countertops, a stainless-steel appliance package, and renovated bathrooms. In ad­dition to those upgrades, unit amenities also include air conditioning, microwave, dishwasher, range oven, and balconies or patios.

Nestled between the glitz of Beverly Hills and the star-studded allure of Hollywood, West Hollywood—affectionately known as WeHo—stands out as a bold, creative, and dynamic city. It’s a place where sophistication meets edge, where the streets pulse with life.

Last Agent to Sell the Property

Raymond Rodriguez

Equity Union Brokerage Phone: 818-581-5829 License #01402283 Listed on: 02/12/2025

Equity Union

Last Buyer's Agent

Raymond Rodriguez

Equity Union Brokerage Phone: 818-581-5829 License #01402283 Listed on: 02/12/2025

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot
  • Two or More Common Walls

Parking

  • 22 Car Garage
  • Parking Available
  • Gated Parking

Home Design

  • Apartment

Interior Spaces

  • 17,468 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 5531004037
  • Seller Considering Concessions

Community Details

Recreation

  • Community Pool
  • Park

Building Details

  • Rent Control
  • 22 Separate Electric Meters
  • 22 Separate Gas Meters
  • Operating Expense $211,789
  • Gross Income $554,739
  • Net Operating Income $326,309

Additional Features

  • 22 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

22

Listing Details

  • Price Per Unit: 262500
  • Property Attached: Yes
  • Zoning: WDR3B*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5531004037
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 326.31

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 22.00
  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 22.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Park, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14858.00
  • Lot Size Acres: 0.3411
  • Latitude Manual: 34.09329800

Multi Family

  • Gross Income: 554739.00
  • Gross Scheduled Income: 554739.00
  • Lot Size Area: 14858.0000 Square Feet
  • Net Operating Income: 326309.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Units Total: 22
  • Operating Expense: 211789.00
  • Rent Control: Yes
  • Total Expenses: 211789.00

Tax Info

  • Tax Census Tract: 7001.01
  • Tax Lot: 33

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $5,700,000 -1.3% $326 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $5,775,000 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25032522

California Regional Multiple Listing Service (CRMLS)