Located on Fulton Avenue in North Hollywood, California, this investment is a true value-add opportunity with a great unit mix of (4) - 2 bed / 1 bath, (2) - 1 bed / 1 bath, and (1) - guest room. Built in 1957, the asset offers a +/-4,935 square feet structure on a +/-7,199 square foot lot.In addition to the project's strong unit mix, the asset is currently 140% below market rents offering a new buyer the opportunity to relocate the tenants, renovate, and raise the rents of the building substantially.Property shall be sold all-cash or with hard money loan.
Sold for $1,075,000 on 08/17/23
Listing Provided by:
Casey Picard DRE #01921866 626-204-3300,
Keller Williams Realty
$1,075,000
7041 Fulton Ave, North Hollywood, CA 91605
--beds
--baths
4,935sqft
Multi Family
Built in 1957
-- sqft lot
$1,218,300 Zestimate®
$218/sqft
$2,585 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 17, 2023 at 01:50pm
Listing Provided by:
Casey Picard DRE #01921866 626-204-3300,
Keller Williams Realty
Bought with:
Casey Picard, DRE #01921866
Keller Williams Realty
Source: CRMLS,MLS#: P1-14626
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,935
- Total interior livable area: 4,935 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street
- Carport spaces: 6
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 7,199 sqft
- Features: Sprinklers None
Details
- Parcel number: 2328023022
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1957
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: North Hollywood
- Subdivision: Not Applicable
Other
Other facts
- Listing terms: Cash
Services availability
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Estimated market value
$1,218,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,218,300