7048 Fulton Avenue

Property Overview

Situated within one of the densest residential submarkets of the San Fernando Valley, the property allows a new investor excellent value with its low $165,563 per unit entry point. An owner can improve income in both the near and long term by recapturing the approximately 27% in rent upside. With all seismic retrofit repairs already completed (Buyer to verify), a new investor is saved from an otherwise costly maintenance expense. The property also generates a supplemental revenue stream through tenants' use of the on-site laundry facilities. The building is also fully parked, containing a parking space for each bedroom of the property. Situated near the intersection of Fulton Avenue and Sherman Way, the two-story building offers tenants convenient access to the Greater Los Angeles Metro Area via the nearby 170, 101, 5, and 405 Freeways. Residents also enjoy the benefits of the building's proximity to several national retailers, including Trader Joe's, Home Depot, Ralphs, Vallarta Supermarkets, and Walgreens, all within three miles of the property.

Home Details

Property type: Residential Income
Year built: 1977
Living area: 10,682 sq ft
Lot size: 14,260 sq ft
Parking: 16 spaces
Stories: 2
Days on market: 0
MLS status: Active
Zoning: LAR3

Features & Amenities

Parking

Assigned

Location & Neighborhood

North Hollywood, CA 91605

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Frequently Asked Questions About 7048 Fulton Avenue

Property type: Residential Income

The current asking price is $2,649,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 7048 Fulton Avenue. Our team will confirm availability and timing.

This 18 bedrooms and 16 bathrooms property offers approximately 10,682 square feet of living space. It was built in 1977. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in North Hollywood, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this North Hollywood property.

The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

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