6955 Fulton Avenue, North Hollywood, CA 91605

$2,900,000

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List Price
$2,900,000
Price Change
▼ $200,000 1784095934
Status
ACTIVE
MLS#
GD26066764
Year Built
1957
Lot Size
12,000
Acres
0.28
Lot Location
0-1 Unit/Acre
Days on Market
28
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

This is a rare opportunity to acquire premier investment property in the San Fernando Valley. Located at 6955–6961 Fulton Avenue, both assets are well-maintained and offer strong potential for rental upside. 6955–6961 Fulton Avenue is a 12-unit apartment building in North Hollywood, featuring a unit mix of four (4) one-bedroom/one-bath units and eight (8) two-bedroom/one-bath units. City plans to build 2 ADU, approximately 700 square feet each, 2 beds and 2 baths units above existing covered parking spaces are available. This portfolio presents investors with an opportunity to capitalize on the growth and demand within the San Fernando Valley, while providing tenants convenient access to nearby shops, dining, nightlife, and employment centers.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
12
Gross Scheduled Income
$268,920
Operating Expense
23639

Listing courtesy of Listing Agent: Armen Arakelyan (armen.a@hkrealtyfirm.com) from Listing Office: HK Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.