$18,500,000
$1M PRICE INCREASE

1617 N Fuller Ave Los Angeles, CA 90046

Hollywood Neighborhood

Estimated payment $118,521/month

Total Views 16,982
62 Beds
72 Baths
42,399 Sq Ft
$436 Price per Sq Ft

Highlights

  • 0.62 Acre Lot
  • Park or Greenbelt View
  • Air Conditioning
  • Contemporary Architecture
  • Subterranean Parking
  • East Facing Home

About This Home

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.

Listing Agent

Alex Galuz

Keller Williams Realty Calabasas License #01291486 Listed on: 10/22/2024

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 170x160
  • East Facing Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 42,399 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 62 Bedrooms
  • 72 Bathrooms

Parking

  • 65 Parking Spaces
  • Subterranean Parking

Utilities

  • Air Conditioning
  • Heat Pump System
  • Phone System

Community Details

  • 60 Units

Listing and Financial Details

  • Assessor Parcel Number 5550-016-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 42399
  • Lot Acreage: 0.6228
  • Lot Dimensions: 170x160
  • Stories: 4
  • Year Built: 1965
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 62
  • Total Bathrooms: 72.00
  • Equipment: Range/Oven, Elevator, Phone System, Garbage Disposal
  • Price Per S Q F T: 436.33

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Subterr Tandem, Subterranean
  • Total Parking: 65

Utilities

  • Cooling: Air Conditioning
  • Heating: Heat Pump, Electric

Lot Info

  • Assessed Improvement Percent: 82.24
  • Assessed Improvement Value: 3594169
  • Assessed Land Percent: 17.76
  • Assessed Land Value: 776000
  • Total Assessed Value: 4370169
  • Assessor Parcel Number: 5550-016-020
  • Lot Size Area: 27129

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.90
  • Number Of Units: 60
  • Total Annual Expense: 428500
  • Type Of Units: 1 bedrooms
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3%

Map

Range of Values:

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Average Value
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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
09/02/2025 09/02/25 Price Changed $1,395 -22.3% $3 / Sq Ft
08/28/2025 08/28/25 Price Changed $1,795 +28.7% $4 / Sq Ft
07/25/2025 07/25/25 Price Changed $1,395 -22.3% $3 / Sq Ft
07/07/2025 07/07/25 Price Changed $1,795 +28.7% $4 / Sq Ft
12/13/2024 12/13/24 Price Changed $1,395 +7.7% $3 / Sq Ft
10/28/2024 10/28/24 Price Changed $1,295 0.0% $3 / Sq Ft
10/23/2024 10/23/24 Price Changed $18,500,000 +6.9% $436 / Sq Ft
10/22/2024 10/22/24 For Sale $17,300,000 0.0% $408 / Sq Ft
10/21/2024 10/21/24 Price Changed $1,795 +38.6% $4 / Sq Ft
10/11/2024 10/11/24 Price Changed $1,295 -27.9% $3 / Sq Ft
10/10/2024 10/10/24 Price Changed $1,795 0.0% $4 / Sq Ft
10/10/2024 10/10/24 For Rent $1,795 +5.9% --
09/02/2024 09/02/24 Price Changed $1,695 +21.5% $3 / Sq Ft
06/13/2024 06/13/24 Price Changed $1,395 -17.7% $3 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,695 +21.5% $3 / Sq Ft
04/22/2024 04/22/24 Price Changed $1,395 -22.3% $3 / Sq Ft
03/21/2024 03/21/24 Price Changed $1,795 +5.9% $4 / Sq Ft
03/10/2024 03/10/24 Price Changed $1,695 +6.3% $3 / Sq Ft
01/20/2024 01/20/24 Price Changed $1,595 +14.3% $3 / Sq Ft
12/22/2023 12/22/23 Price Changed $1,395 -22.3% $3 / Sq Ft
12/18/2023 12/18/23 Price Changed $1,795 +28.7% $4 / Sq Ft
10/30/2023 10/30/23 Price Changed $1,395 -22.3% $3 / Sq Ft
10/19/2023 10/19/23 Price Changed $1,795 +28.7% $4 / Sq Ft
09/29/2023 09/29/23 Price Changed $1,395 +7.7% $3 / Sq Ft
03/22/2018 03/22/18 For Rent $1,295 -- --
Source: The MLS

Source: The MLS

MLS Number: 24-455673

The MLS
California Los Angeles County Los Angeles 90046 Hollywood

1617 N Fuller Ave, Los Angeles, CA

This home is located at 1617 N Fuller Ave, Los Angeles, CA 90046 and is currently priced at $18,500,000, approximately $436 per square foot. This property was built in 1965. 1617 N Fuller Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Alex Galuz
Listing Agent
Alex Galuz
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Keller Williams Realty Calabasas
(310) 466-0888