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Listed by: Alex Galuz (310) 466-0888 DRE #01291486 | Keller Williams Realty Calabasas (818) 657-6500
$16,495,000
Monthly Est:$82,102
62 Beds
72 Baths
42,399sqft
1617 N Fuller Ave, Los Angeles, CA 90046
$16,495,000
$82,102/moEst:
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Multi Family
Built in 1965
$-- HOA
27,129 sqft lot
$389/sq.ft
Description
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.
- Houzeo last checked: 3 hours ago
- Listing updated: May 28, 2026 at 9:59 pm
- Source: California Regional MLS-CA | MLS#: 24455673
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
42,399 sqft
Lot Size
27,129 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
24455673
MLS Status
Active
Days on Market
716
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 62
Bathrooms: 72
Interior
Heating
Electric, Heat Pump
Appliances
Disposal
Construction
Year Built
Year Built: 1965
Home type
Multi Family
Architectural Style
Contemporary
Utilities & Energy
Parking Features
Underground
Price History
| Date | Event | Price |
|---|---|---|
03/11/2026 Source: | Price Decreased | $16,495,000 -2.68% $389/sqft |
01/26/2026 Source: | Price Decreased | $16,950,000 -8.38% $400/sqft |
10/23/2024 Source: | Price Increased | $18,500,000 +4.52% $436/sqft |
10/22/2024 Source: | Listed for Sale | $17,700,000 -4.32% $417/sqft |
09/30/2024 Source: | Off Market | $18,500,000 $436/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM 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. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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