38
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$3,998,000
Est. payment /mo
7 Beds
5 Baths
0.36 Acres Lot
Active
6535 Fulton Los Angeles, CA 91401
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26151158
Bedrooms 7
Lot Size 0.361 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional 16-unit apartment community located in the highly desirable Valley Glen neighborhood of Van Nuys. Built in 1963, this well-maintained investment opportunity features an attractive unit mix of eleven 2-bedroom/1-bath units, two 2-bedroom/2-bath units, and three spacious 3-bedroom/2-bath units, appealing to a broad tenant base. Several units have been updated with modern kitchens, granite countertops, white cabinetry, stainless steel appliances, and refreshed bathrooms, providing immediate appeal while offering additional value-add potential. The property offers desirable amenities including a courtyard swimming pool, on-site laundry facilities, 16 on-site parking spaces (13 covered and 3 uncovered), attractive landscaping, and a gated, professionally maintained environment. Spacious floor plans averaging approximately 1,000 square feet contribute to strong tenant demand. Ideally situated just north of Victory Boulevard, the property is surrounded by an abundance of shopping, dining, parks, and everyday conveniences. Residents enjoy easy access to the 170, 101, and 405 Freeways, providing convenient connectivity throughout the San Fernando Valley and Greater Los Angeles. Nearby employers, schools, and entertainment destinations further enhance the property's long-term desirability. This is an outstanding opportunity for investors seeking stable in-place income with the potential to increase cash flow through continued interior renovations and strategic asset management in one of the Valley's strongest multifamily rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Street is Victory Blvd.
Interior
Fireplace No
Exterior
Pool Below Ground, Private
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2329025023
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by JUSTIN CHU, DRE#01900624 CIRCA PROPERTIES, INC.
NEARBY SCHOOL & BUSINESS
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