Trophy Value Add Multifamily Investment Opportunity in Prime Hollywood Hills area of Los Angeles. This property has been in the same family for over 30 years. Rents are nearly 100 % below market. Property has a nice lobby, Pool and lounge area, elevator service and room for a gym and business center or convert to ADU's. Property was built in 1965 but fully renovated in the 1980's. Walk score is 94. Premiere hiking trails are nearby as well as all Hollywood Blvd and Sunset Blvd entertainment venues and eateries. Metro line is only a 15 min walk away. Easy access to Downtown LA and the San Fernando Valley. Netflix, Gower and Nickelodeon Studios are nearby as well and Capital Records. This is an amazing rental area in one of the most trendy and walkable neighborhoods in LA.
This property is $17.5M more than the Median Sold Price and $192/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24342957
Listing Office:
Office Name: Keller Williams Realty Calabasas
Office Phone: (818) 657-6500
Listing Agent: Yana Galuz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 11:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 10, 1993
Sep 10, 1993Home Sold
$2,675,000
Dec 22, 1988
Dec 22, 1988Home Sold
$3,450,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$54,573
$4,213,012
2020
$53,035
$4,157,403
2019
$52,584
$4,075,887
2018
$51,438
$3,995,968
2017
$51,438
$3,917,617
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Gardner Street Elementary School
7450 Hawthorn Ave
Distance between this listing and this school0.16 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school1.13 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school17.97 miles
Public Magnet Grades 1-5
Middle School
4
/10
Hubert Howe Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school1.04 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.44 miles
Public District Grades 6-8
High School
5
/10
Hollywood Senior High School
1521 N Highland Ave
Distance between this listing and this school0.52 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school8.97 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school10.76 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Gardner Street Elementary School
7450 Hawthorn Ave
Distance between this listing and this school0.16 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school1.13 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school17.97 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Hubert Howe Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school1.04 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.44 miles
Public District Grades 6-8
Nearby Schools
4
/10
Laurel Elementary School
925 N Hayworth Ave
Distance between this listing and this school1.20 miles
Public District Grades KG-8
Assigned Schools
5
/10
Hollywood Senior High School
1521 N Highland Ave
Distance between this listing and this school0.52 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school8.97 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school10.76 miles
The neighbors living near this home have an average income of $38,669. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1617 N Fuller Ave
What is the listing price of this property?
The listing price of 1617 N Fuller Ave property is $18,500,000.
What type of property is this?
The property 1617 N Fuller Ave is a house located in Los Angeles, California, 90046.
Is this property for sale now?
Active Listing: 1617 N Fuller Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1617 N Fuller Ave are: Gardner Street Elementary School: GreatSchools Rating 7/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Hollywood Senior High School: GreatSchools Rating 5/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $54,573 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 10, 1993 for $2,675,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1617 N Fuller Ave has 62 bedrooms and 72 bathrooms.
What is the square footage of this property?
The property 1617 N Fuller Ave is 42,399 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1617 N Fuller Ave is 1965.
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This home is located at 1617 N Fuller Ave in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 42,399 square foot home, which was built in 1965, sits on a 0.62 acre lot. Features: 62 bedrooms, 72 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $18,500,000.
Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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