1541 N Fuller Avenue

    Los Angeles (City), CA 90046
    • $2,550,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: 19495906
    Price Reduced
    UPDATED: 108 min ago
    $2,550,000
    • 11
      BEDS
    • 0.17
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    • 7,487
      SQFT
    • $341
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    1541 N Fuller Avenue is an 8-unit apartment building located in the heart of one of Los Angeles's most popular neighborhoods. Situated on a 0.17-acre lot with 7,487 of rentable square feet, the building offers significant upside in rental income by approximately 35% +/-. The property provides a favorable unit mix consisting of five (5) one-bedroom / one-bathrooms, two (2) two-bedroom / one-half bathrooms, and one (1) two-bedroom / two-bathroom apartments.Located just outside of West Hollywood and a few steps from the world-famous Sunset Strip, Fuller allows tenants to be within close proximity to the cities most buzzworthy restaurants, trendy boutique stores, and an array of bars and nightclubs. The fabled Sunset Strip features the Chateau Marmont, a swanky celebrity hideaway, plus comedy clubs and live music venues like the legendary Whiskey a GoGo.Great walkability is a hallmark of this Hollywood neighborhood (Walk Score of 96).

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    Based on information from CARETS as of 2019-09-22T23:45:45.14. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/97549843

    1541 N Fuller Avenue Los Angeles (City), CA 90046

    • Price: $2,550,000
    • Status: Active
    • Updated: 108 min ago
    • ID#: 19495906
    11
    Beds
    9
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,487
    SQFT
    $341
    $/SQFT
    1956
    Built
    Neighborhood:
    Hollywood (C20)
    County:
    Los Angeles
    Area:
    Hollywood (C20)
    Property Description
    1541 N Fuller Avenue is an 8-unit apartment building located in the heart of one of Los Angeles's most popular neighborhoods. Situated on a 0.17-acre lot with 7,487 of rentable square feet, the building offers significant upside in rental income by approximately 35% +/-. The property provides a favorable unit mix consisting of five (5) one-bedroom / one-bathrooms, two (2) two-bedroom / one-half bathrooms, and one (1) two-bedroom / two-bathroom apartments.Located just outside of West Hollywood and a few steps from the world-famous Sunset Strip, Fuller allows tenants to be within close proximity to the cities most buzzworthy restaurants, trendy boutique stores, and an array of bars and nightclubs. The fabled Sunset Strip features the Chateau Marmont, a swanky celebrity hideaway, plus comedy clubs and live music venues like the legendary Whiskey a GoGo.Great walkability is a hallmark of this Hollywood neighborhood (Walk Score of 96).
    Exterior Features

    Parking Spaces Total 10 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.5 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 2.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 1.0 Unit Number Of Bath08 1.5 Unit Number Of Bed01 2 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 2 Unit Number Of Bed06 1 Unit Number Of Bed07 1 Unit Number Of Bed08 2

    Property Features

    Adjusted Gross Income 143136.00 Cap Rate 3.09 Country United States Of America Expense Total Annual 60022.00 Gross Operating Income 138842.00 Gross Rent Multiplier 17.82 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 78820.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1120.00 Unit Monthly Rent02 1999.00 Unit Monthly Rent03 1955.00 Unit Monthly Rent04 1010.00 Unit Monthly Rent05 844.00 Unit Monthly Rent06 1270.00 Unit Monthly Rent07 1326.00 Unit Monthly Rent08 2354.00 Unit Projected Total Monthly Rent01 2650.00 Unit Projected Total Monthly Rent02 2200.00 Unit Projected Total Monthly Rent03 2200.00 Unit Projected Total Monthly Rent04 2200.00 Unit Projected Total Monthly Rent05 2750.00 Unit Projected Total Monthly Rent06 2200.00 Unit Projected Total Monthly Rent07 2200.00 Unit Projected Total Monthly Rent08 2650.00 Unit Total Monthly Rent01 1120.00 Unit Total Monthly Rent02 1999.00 Unit Total Monthly Rent03 1955.00 Unit Total Monthly Rent04 1010.00 Unit Total Monthly Rent05 844.00 Unit Total Monthly Rent06 1270.00 Unit Total Monthly Rent07 1326.00 Unit Total Monthly Rent08 2354.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 8 Zoning Lar3

    Listing provided courtesy of Saadia 'Sam' Liberow DRE#01933858 of Marcus & Millichap.


    Based on information from CARETS as of 2019-09-22T23:45:45.14. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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