1131 N FULLER Avenue West Hollywood, CA
$ 3,500,000
Property Attributes
  • MLS#18322840
  • TypeIncome
  • CityWest Hollywood
  • AreaWest Hollywood Vicinity
  • Zip90046
  • Style
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9114
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Ramin Gheitanchi with Charles Dunn West La.
Property Description

PLEASE CONTACT BROKER FOR FULL OFFERING MEMORANDUM. Prime West Hollywood 10-unit multi-family property with semi-subterranean underground gated parking, controlled intercom access and laundry room. The Property features an excellent unit mix of 4-two bedroom two bath units and 6-one bedroom one bath units that are separately metered for gas and electricity. Select units are renovated with new kitchen cabinets, granite countertops and laminate hardwood floors. The Property is not subject to soft-story retrofit program (buyer to confirm) eliminating the cost and hassle for the new owner. With significant upside of approximately 62% in rents, a savvy investor will be able to increase the cash flow of the Property and add value to the asset by increasing the rents as the units turnover. Priced at only $350,000/unit, $384/S.F, 3.4% CAP and 18.8 x current rents. Proforma 6.5% CAP rate and 11.6 GRM with rents at market.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
3/13/2018 Listed $3,500,000

General Features

Listagentstatelicense 01501715
Listing Agent Ramin Gheitanchi - BRE#01501715
MLS Area C10 - West Hollywood Vicinity
Price Per Square Foot 384.02
Special Listing Conditions Standard
Total Units 10
Zoning WDR3B*

Interior Features

Appliances None
Laundry Features None
Total Stories 2

Exterior Features

Building Area Total 9114.00
Lot Dimensions 55x135
Lot Size Source Assessor
Lot Size Square Feet 7425.00
Lotsizeunits Square Feet
Number of Buildings 1
Parking Features Subterranean
Parking Y/N 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90046

AVG $3.84M
Year Built
AVG 1945

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