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1617 N Fuller Avenue, Los Angeles, CA 90046

$16,495,000

$389 per ft²

62 Bed

72 Bath

42,399 Sq Ft

0.6228 Acres

Listing Office: Keller Williams Realty Calabasas

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Seller finally says Sell! Over a $1M price reduction ! 5.25 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.

Listing Agent: Alex Galuz

License Number: 01291486

Offered by: Keller Williams Realty Calabasas

Office Phone: 818-657-6500

MLS: #24455673

California Regional MLS

Date Added: 10/22/2024 12:00:00 am

Last Update: 03/12/2026 04:27:59 am

Days on Market: 529

Interior

Appliances: Disposal
Heating: true, Electric,Heat Pump

Exterior

Style: Contemporary
Parking: Underground, Parking spaces: 65

Construction

General: 4

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: LAR3, 5550016020
View: Park/Greenbelt, View

Financial

Source: CRMLS_CL

Property

Year Built: 1965
Type: Multi-Family
Style: Contemporary
Neighborhood: Hollywood
Parcel #: 5550016020

03/12/2026$16,495,000@ 389 per ft²↓2.6843657817109%

01/27/2026$16,950,000@ 400 per ft²↓4.2372881355932%

10/20/2025$17,700,000@ 417 per ft²↓4.3243243243243%

10/23/2024$18,500,000@ 436 per ft²↑6.9364161849711%

10/22/2024Active

10/22/2024$17,300,000@ 408 per ft²Listed

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 03/12/2026 04:27:59 am

Offered by: Alex Galuz, 01291486, 310-466-0888 @ Keller Williams Realty Calabasas

MLS: #24455673

Source: California Regional MLS

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View Listing

1617 N Fuller Avenue, Los Angeles, CA 90046 is a 62 Bed, 72 Bath, 42,399 Sq Ft, 0.6228 Acres, Multi-Family built in 1965.

This property is currently available and was listed by California Regional MLS on 10/22/2024 12:00:00 am. The MLS # for the property is MLS #24455673.