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 $2,026. Current market rents for similar one-bedroom units in the area are hovering around $2,500± providing a 23% 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.
Assessed Value is a combination of the land and additions.
2023
$32,885
(+5.02%)
$2,264,371
Land 946,613 +
Additions 1,317,758
2022
$31,314
(-1.2%)
$2,176,487
Land 909,855 +
Additions 1,266,632
2021
$31,694
(+3.12%)
$2,176,487
Land 909,855 +
Additions 1,266,632
2019
$30,735
(+3.55%)
$2,153,082
Land 900,526 +
Additions 1,252,556
2017
$29,682
$2,069,477
Land 865,558 +
Additions 1,203,919
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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