807 N Fuller Avenue, Los Angeles, CA 90046

• 3,994 sqft

Property 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.

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

March 11, 2026 at 1:09AM

Listing Office:

Miller & Desatnik Realty Co. : 310-202-9166

Listing Agent:

David Miller : 323-948-7507

MLS ID:

CL26653737

Interior

• Heating: Wall Furnace

Exterior

• Parking: None

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR35526006003

Financial

• Source: CRMLS