
Closed Listing
12 Units Adjacent to Runyon Canyon
1626 n fuller ave
sold in
Hollywood
Sold At
$
5,550,000
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.
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
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$462,500
Price p/ Sq. ft.
$443
Proforma Cap Rate
5.17%




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