7041 Fulton Avenue, North Hollywood, CA 91605

About this property

Located on Fulton Avenue in North Hollywood, California, this investment is a true value-add opportunity with a great unit mix of (4) - 2 bed / 1 bath, (2) - 1 bed / 1 bath, and (1) - guest room. Built in 1957, the asset offers a +/-4,935 square feet structure on a +/-7,199 square foot lot.In addition to the project's strong unit mix, the asset is currently 140% below market rents offering a new buyer the opportunity to relocate the tenants, renovate, and raise the rents of the building substantially.Property shall be sold all-cash or with hard money loan.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,075,000

Sold August 2023 · on market August 2023 · MLS #P1-14626 · Source: CRMLS

Listing Agent: Casey Picard · Listing Office: Keller Williams Realty · Contact: (626) 204-3300 · Bought with: Casey Picard · Keller Williams Realty

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