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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,000,000

Est. payment - /mo

8 Beds

4 Baths

2,970 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,970 sqft

Price per Sqft $336

MLS Listing ID 25526061

Bedrooms 8

HOA Y/N No

Year Built 1953

Lot Size 7,501 Sqft

Property Description

*Can Be Sold as Portfolio with 13846 Bessemer St or Separately* Tamarack Real Estate Services is pleased to exclusively present 6711 Fulton Avenue, which is a 4-unit apartment complex located in the densely populated Van Nuys submarket of the San Fernando Valley. The property is just south of Vanowen Street, east of Woodman Avenue, and is well situated in a residential neighborhood with excellent visibility. Within close proximity are the 101 and 405 Freeways, which provide tenants with major transportation options. Also within walking distance are major employment and education centers. The property, which was constructed in 1953, features covered, onsite parking, outdoor living space, and air-conditioning. The building has a unit mix of all two-bedroom units, all separately metered for gas and electric. The building features new windows and security cameras. This offering presents an investor an opportunity to own in a populated and appreciating market, with the ability to reposition the asset and achieve aggressive market rents. A notable deal point to strongly consider, is the significant upside potential in rental income.

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Laundry None

Exterior

Parking Features Detached Carport

Carport Spaces 4

Attached Garage No

Total Parking Spaces 8

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2329027023

Special Listing Condition Standard

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Listed by David Kaufman • David Ballin Kaufman

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6711 Fulton AVE Van Nuys, CA 91401