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$2,280,000
Est. payment /mo
9,304 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25088372
HOA Y/N No
Year Built 1964
Lot Size 9,304 Sqft
Property Sub-Type Apartment
Property Description
Located in the heart of North Hollywood, 6828 Fulton Ave presents a rare opportunity to acquire a well-maintained, high-demand rental property in one of the most sought-after submarkets of Los Angeles. This 10-unit building offers a diverse unit mix consisting of one single, five 1-bedroom, 1-bath units, one 2-bedroom, 2-bath unit, and three 3-bedroom, 2-bath units, making it an ideal option for a variety of tenants, from students and professionals to families. The property features on-site parking with storage, a highly desirable amenity that enhances tenant appeal and convenience.
Positioned along a major thoroughfare, the property benefits from high visibility and easy accessibility. Investors will appreciate the recent new roof installation and completed seismic retrofitting, ensuring structural integrity and reducing future maintenance costs. Additionally, the building is individually metered for gas and electricity, helping to minimize owner expenses while maximizing operational efficiency.
The property's prime location offers unparalleled access to shopping, dining, and transit options, with the CA-170 Freeway just minutes away for seamless connectivity across the city. It is also a short distance from Los Angeles Valley College, making it a desirable rental option for students and faculty. The surrounding area continues to experience strong rental demand, providing significant upside potential for investors looking to increase rents over time.
With a strong tenant base, excellent location, and long-term value appreciation, 6828 Fulton Ave is an exceptional multifamily investment in North Hollywood.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Positioned along a major thoroughfare, the property benefits from high visibility and easy accessibility. Investors will appreciate the recent new roof installation and completed seismic retrofitting, ensuring structural integrity and reducing future maintenance costs. Additionally, the building is individually metered for gas and electricity, helping to minimize owner expenses while maximizing operational efficiency.
The property's prime location offers unparalleled access to shopping, dining, and transit options, with the CA-170 Freeway just minutes away for seamless connectivity across the city. It is also a short distance from Los Angeles Valley College, making it a desirable rental option for students and faculty. The surrounding area continues to experience strong rental demand, providing significant upside potential for investors looking to increase rents over time.
With a strong tenant base, excellent location, and long-term value appreciation, 6828 Fulton Ave is an exceptional multifamily investment in North Hollywood.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport
Carport Spaces 10
Pool None
Community Features Suburban
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2327007007
Energy Description 4720.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by James Antonucci Keller Williams Realty-Studio City 818-381-6601
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