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1131 N Fuller Avenue, Los Angeles, CA

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1131 N Fuller Avenue

Los Angeles, CA 90046 - West Hollywood MF Submarket

Property Type:Multi-Family Number of Units:10 Status:Existing Year Built:1963
Stories:2 Building Size:9,114 SF Land Area:.17 AC (7,405 SF)
For Sale Price:$3,550,000 Price/Unit:$355,000.00 Cap Rate:3.38 % GRM:-

Parking:1.4 Parking Spaces / 1,000 SF

Sale Notes:
PRICE REDUCED AGAIN! BRING ALL OFFERS! Well-maintained 10 Unit Building: Spacious apartments each with big balconies, wood floors, and 6 units have new kitchens, granite, gas stoves, etc., newer baths with granite, (see photos), underground parking (not soft parking). Units are large: large baths, large bedrooms, large closets. Clear Termite. Separately Metered. Rents shown are effective November 1st, 2017. Laundry machines owned by Seller, low rates can be increased. Income includes $200 per month from Laundry. Room for more machines, room for storage units to be built (more income), or room for ??? in the garage level. Ready to sell after many years of proud ownership. Subject to West Hollywood Rent Control.

West Hollywood is a very hot rental market; market rents here for 1 Bedroom units are estimated at $2300 per month, and for 2 Bedroom units are estimated at $3500 per month. Just west of Gardner, 1/2 block north of Santa Monica Boulevard; Plummer Park is on the next block.

Rodeo Realty
Suzette Kitselman
(310) 724-7100

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