A multi-story multifamily property at 1626 n fuller ave, surrounded by trees and shrubs under a clear blue sky.

Closed Listing

12 Units Adjacent to Runyon Canyon

1626 n fuller ave

sold in

Hollywood

12

Number of Units

1965

Year Built

12,540

SF

Square Footage

7,027

SF

Lot Size

LAR3

Zoning

1626 N Fuller Ave, Los Angeles, CA 90046

About the Property

1626 N Fuller Ave is a well-maintained twelve-unit multifamily property situated in a prime Hollywood Hills location, just south of Hollywood Boulevard. Located within walking distance to some of the most iconic landmarks in Los Angeles, including the Hollywood & Highland shopping center, the Hollywood Walk of Fame, Runyon Canyon, and The Sunset Strip, the property offers tenants a vibrant lifestyle with immediate access to world-class entertainment, retail, fitness, and nightlife.

The building features a highly desirable unit mix consisting of (3) two-bedroom and two-bath units, (5) two-bedroom and one-bath units, and (4) one-bedroom and one-bath units. The bright and spacious units average approximately 1,000 square feet, providing ample living space for tenants seeking comfort and functionality. Several units have been thoughtfully upgraded to include high-end finishes such as wood flooring, custom cabinetry, quartz or marble countertops, stainless steel appliances, and in-unit washers and dryers. Some units also offer private balconies with neighborhood or hillside views.

Residents enjoy a controlled-access entry, an elevator for added convenience, and a secure, gated subterranean garage that accommodates twelve parking spaces. The layout, finishes, and location make this an attractive offering for renters in search of a true Hollywood Hills experience. Current rents are approximately 20 percent below market when compared to similar renovated properties in the area, presenting a clear value-add opportunity for investors seeking long-term upside in one of Los Angeles' most iconic submarkets.

With its unbeatable location, strong physical condition, desirable amenities, and substantial rental upside, 1626 N Fuller Ave stands as an exceptional Hollywood multifamily investment opportunity in the heart of Los Angeles multifamily real estate.

12

Number of Units

1965

Year Built

12,540

SF

Square Footage

7,027

SF

Lot Size

LAR3

Zoning

1626 N Fuller Ave.
Hollywood / East Hollywood / Los Feliz

Offering Price

$5,550,000

Number of Units

12 Units

Price per. Unit

$462,500

Bldg. Size

12,540 SF

Price per Foot

$443

Lot Size

7,027 SF

Year Built

1965

Current CAP

3.89%

Market CAP

5.17%

Zoning

LAR3

Price P/ Unit

$462,500

Price p/ Sq. ft.

$443

Proforma Cap Rate

5.17%

Contact

Sales agent

A street view of 1626 n fuller ave featuring several parked cars and buildings under a clear blue sky.
A street view of 1626 n fuller ave featuring several parked cars and buildings under a clear blue sky.
A street view of 1626 n fuller ave featuring several parked cars and buildings under a clear blue sky.
A street view of 1626 n fuller ave featuring several parked cars and buildings under a clear blue sky.
Bright, spacious interior at 1626 n fuller ave, with large windows, neutral walls, and tiled flooring.
Bright, spacious interior at 1626 n fuller ave, with large windows, neutral walls, and tiled flooring.
Bright, spacious interior at 1626 n fuller ave, with large windows, neutral walls, and tiled flooring.
Bright, spacious interior at 1626 n fuller ave, with large windows, neutral walls, and tiled flooring.
A well-lit hallway at 1626 n fuller ave, with gray walls, wooden flooring, and multiple doors on either side.
A well-lit hallway at 1626 n fuller ave, with gray walls, wooden flooring, and multiple doors on either side.
A well-lit hallway at 1626 n fuller ave, with gray walls, wooden flooring, and multiple doors on either side.
A well-lit hallway at 1626 n fuller ave, with gray walls, wooden flooring, and multiple doors on either side.
A multi-story multifamily building at 1626 n fuller ave, surrounded by trees and vehicles, under a clear blue sky.
A multi-story multifamily building at 1626 n fuller ave, surrounded by trees and vehicles, under a clear blue sky.
A multi-story multifamily building at 1626 n fuller ave, surrounded by trees and vehicles, under a clear blue sky.
A multi-story multifamily building at 1626 n fuller ave, surrounded by trees and vehicles, under a clear blue sky.

Video

MEET THE TEAM

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.