Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

Property Description

Fantastic 6-unit value add investment property located in Van Nuys. The mid-century apartment complex, built in 1954, offers a total of 4,416 square feet of living space, with each unit boasting 736 square feet on average. The building features a strong unit mix, of (2) spacious 2-bedroom/1-bath units and (4) 1-bed / 1-bath units. Several of the units have received interior upgrades over the years, including new shower tiling and enclosures. The building has received significant capital improvements including the installation of copper plumbing in certain areas, new exterior paint, a newly landscaped and luscious shared fruit/food garden, and approximately 75% new windows. The roof was also fully replaced in June 2023. Additionally, there is a separate parking space and storage unit for each apartment at the rear of the building. There’s also a laundry room that is currently being used as an owner storage area, but can easily be converted back to a laundry facility for additional income. 6729 Fulton Ave is fully occupied and offers over 60% upside on the current rents!

Features
: Wall Furnace
2
0
Additional Information
Lyon Stahl Investment Real Estate, Inc.
0
CLW-C141551
CLW-X82195
Jake
2329027009
: Standard
Two
32

Multi-Family For Sale

6729 Fulton Avenue, Van Nuys, California 91401

4,416 Sqft
$1,320,000
Listing ID #24406358
Basic Details
Status : Active
DaysOnMarket : 12
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24406358
Price : $1,320,000
Living Area : 4,416 Sqft
Lot Size : 5,805 Sqft
Year Built : 1954
Country : US
State : California
County : Los Angeles
City : Van Nuys
Zipcode : 91401
Price Per Square Foot : $299
ModificationTimestamp : 2024-07-02 14:25:17
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent