6729 Fulton Avenue, Van Nuys, CA 91401

  • $1,320,000
  • $299
6729 Fulton Avenue, Van Nuys, CA 91401
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 6
  • Bathrooms
  • 4416.00
  • 1954
  • Year Built
For Sale
6729 Fulton Avenue, Van Nuys, CA 91401
  • $1,320,000
  • $299

Overview

Property ID: SGR-33215260
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 6
  • Bathrooms
  • 4416.00
  • 1954
  • Year Built

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!

  • Address 6729 Fulton Avenue
  • City Van Nuys
  • State/county CA
  • Zip/Postal Code 91401
  • Area VG - Valley Glen
  • Country United States

Details

Updated on July 11, 2024 at 9:03 am
  • Property ID: SGR-33215260
  • Price: $1,320,000
  • Property Size: 4416.00 m²
  • Land Area: 5805.00 m²
  • Bedrooms: 8
  • Bathrooms: 6
  • Year Built: 1954
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4416.00
  • MLS#: 24406358
  • Office Name: LYON STAHL INVESTMENT REAL ESTATE, INC.
  • Agent Name: Jake Glaser
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 02128816

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 6.00

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