6729 Fulton Avenue, Van Nuys, CA 91401
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Listed Price :
$1,290,000
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Beds :
8
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Baths :
6
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Property Size :
4,416 sqft
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Year Built :
1954
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!
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
6 |
Listing Information
| Address |
6729 Fulton Avenue |
| City |
Van Nuys |
| State |
CA |
| Zip |
91401 |
| County |
Los Angeles |
| Listing Agent |
Jake Glaser DRE #02128816 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$1,290,000 |
| Status |
Active Under Contract |
| Type |
Residential Income |
| Structure Size |
4,416 |
| Lot Size |
5,805 |
| Year Built |
1954 |
Listing information courtesy of: Jake Glaser, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
