Listed by Jake Glaser - DRE #02128816 - Lyon Stahl Investment Real Estate, Inc. 310-425-9838
$1,290,000 affordable loan icon Calculate Payment

6729 Fulton Avenue Van Nuys, CA 91401

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Cluster Residence
8 Beds
6 Baths
4,416 Sq. Ft.
0.13 Acre Lot

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Last updated on 11/15/2024 5:47 PM
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 uni...ts 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! Continue reading
MLS#
24406358
Property Type
Cluster
Status
Active Under Contract
Bedrooms
8
Bathrooms
Year Built
1954
Square Feet
4,416 sq. ft
Lot Size
0.13
Stories
2.0

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Listed by Jake Glaser - DRE #02128816 - Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 5:47 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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