West Hollywood, CA 90046,1226 N Fuller AVE
West Hollywood, CA 90046,1226 N Fuller AVE,Video Tour
West Hollywood, CA 90046,1226 N Fuller AVE
West Hollywood, CA 90046,1226 N Fuller AVE
West Hollywood, CA 90046,1226 N Fuller AVE
West Hollywood, CA 90046,1226 N Fuller AVE
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$ 5,775,000
Est. payment | /mo

0.34 Acres Lot


$ 5,775,000
Est. payment | /mo

0.34 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25032522

HOA Y/N No

Year Built 1964

Lot Size 0.341 Acres

Property Sub-Type Apartment

Property Description

We are proud to present The Enclave, located at 1226 North Fuller Avenue in the City of West Hollywood, California. This investment opportunity presents an ideal income property for an investor looking to acquire an attractively priced asset in a highly desirable sub-market of Los Angeles.

The Enclave is a highly improved and well-kept apartment complex comprised of (19) 1-Bedroom + 1-Bath and (3) 2-Bedroom + 2-Bath well-appointed units, totaling 17,468± BSF. It was built in 1964 and is located on a 14,858± SF lot, zoned WDR3B*.

Situated on a quiet and beautiful tree-lined street, The Enclave provides each of its tenants with an array of communal amenities, including secured intercom entry with 24-hour CCTV security cameras through­out, along with 22 assigned parking spaces, lush and mature landscaping, a sparkling swimming pool with outdoor lounge, and an on-site laundry facility.

In addition, the property features (8) massive unutilized 6' x 16' walk-in storage rooms that the current ownership has yet to monetize, allowing for the potential of an additional income stream.

1-Bedroom + 1-Bath Units:

There is a total of 19 one-bedroom units, with an average rent of $2,019. Current market rents for similar one-bedroom units in the area are hovering around $2,500± providing a 24% rental upside. Several units have been renovated with laminate wood floors, granite countertops, and a stainless-steel appliance package. In addition to those upgrades, unit amenities also include air conditioning, microwave, dishwasher, range oven, and balconies or patios.

2-Bedroom + 2-Bath Units:

There is a total of (3) two-bedroom units, with an average rent of $2,430. Current market rents for similar 2-bedroom units in the area are averaging $2,995± for a 23% rental upside potential. Several units have been renovated with laminate wood floors, granite countertops, a stainless-steel appliance package, and renovated bathrooms. In ad­dition to those upgrades, unit amenities also include air conditioning, microwave, dishwasher, range oven, and balconies or patios.

Nestled between the glitz of Beverly Hills and the star-studded allure of Hollywood, West Hollywood—affectionately known as WeHo—stands out as a bold, creative, and dynamic city. It's a place where sophistication meets edge, where the streets pulse with life.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3B*

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Gated

Garage Spaces 22.0

Garage Description 22.0

Pool Community

Community Features Park, Urban, Pool

Total Parking Spaces 22

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5531004037

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

Virtual Tour https://youtu.be/dpYRrSEJOQk

California Regional MLS (CRMLS)
Listed by Raymond Rodriguez • Equity Union • 818-581-5829

GET MORE INFORMATION

agent
Cindy Seddon

REALTOR® | Lic# 02017966

+1(909) 434-3349

9483 Haven Ave. Suite 100, Rancho Cucamonga, CA, 91730, USA

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1226 N Fuller AVE