1617 N Fuller Av,
Los Angeles, CA 90046
在售房 $17,700,000 ($1,770萬)
卧室: 62 浴室: / 其他類型
房屋信息

其他類型

42399平方英呎
(3,939平方米)

27129 平方英呎
(2,520平方米)

1965 年

4

65 停車位

暖: HP,ELC

2024年10月22日
已上市 486 天

地產編號: 24455673
所處郡縣: LA
建築風格: CNT
面積單價:$417.46/sq.ft ($4,494 / 平方米)
家用電器:GD
車位類型:SU
房屋簡介

Seller finally says Sell! Nearly $1M price reduction ! 5 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.

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