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$ 2,900,000
Est. payment /mo
Price Dropped by $200K
6955 Fulton AVE North Hollywood, CA 91605
0.28 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26066764
HOA Y/N No
Year Built 1957
Lot Size 0.275 Acres
Property Sub-Type Apartment
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 12
Pool None
Community Features Sidewalks
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2328022019
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Armen Arakelyan HK Realty 818-688-1919, DRE #02137229
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