807 N Fuller Avenue, Los Angeles, CA 90046

  • $2,300,000
807 N Fuller Avenue, Los Angeles, CA 90046
Active
807 N Fuller Avenue, Los Angeles, CA 90046
807 N Fuller Avenue, Los Angeles, CA 90046
  • $2,300,000

Description

807 N. Fuller Street presents a 11-unit boutique multifamily investment opportunity featuring distinctive 1920s Spanish/Mediterranean architecture with enduring curb appeal and historic character. The offering includes highly attractive 2.69% interest-only assumable financing through December 2030, delivering an approximate 6.62% cash-on-cash return and strong day-one leveraged cash flow. The property generates stable in-place income at a 11.93 GRM and 4.8% cap rate, equating to approximately $209,091 per unit and $575 per square foot.A free-standing structure at the rear of the property has historically been rented as a non-conforming unit. Seller has obtained preliminary plans to legalize the structure as an ADU (buyer to verify), creating additional income potential and long-term value enhancement.The asset offers the opportunity to unlock meaningful rental upside through strategic interior upgrades while preserving its architectural integrity. Favorable assumable financing enhances acquisition economics and mitigates financing risk in today’s interest rate environment.

  • Address 807 N Fuller Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90046
  • Country US

Details

Updated on March 10, 2026 at 6:02 pm
  • Property ID: 26653737
  • Price: $2,300,000
  • Property Size: 3994 Sqft
  • Land Area: 0.1892 Acres
  • Bathrooms: 10
  • Garage Size: x x
  • Year Built: 1925
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: None

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  • Hoyt Hochman