Properties
North Hollywood, CA 91605 6955 Fulton Avenue
$3,100,000
10 more
Presented By: Armen Arakelyan with HK Realty; 818-688-1919
Baths • 1
SQFT • 8,890
Home Details
This is a rare opportunity to acquire premier investment property in the San Fernando Valley. Located at 6955–6961 Fulton Avenue, both assets are well-maintained and offer strong potential for rental upside. 6955–6961 Fulton Avenue is a 12-unit apartment building in North Hollywood, featuring a unit mix of four (4) one-bedroom/one-bath units and eight (8) two-bedroom/one-bath units. City plans to build 2 ADU, approximately 700 square feet each, 2 beds and 2 baths units above existing covered parking spaces will be available in April. This portfolio presents investors with an opportunity to capitalize on the growth and demand within the San Fernando Valley, while providing tenants convenient access to nearby shops, dining, nightlife, and employment centers. The properties may be acquired together or individually.
Presented By: Armen Arakelyan with HK Realty; 818-688-1919
Interior Features for 6955 Fulton Avenue
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 6955 Fulton Avenue
Additional Parcels Description2328022018
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Carport Spaces12
Carport Y/NYes
CityNorth Hollywood
Community FeaturesSidewalks
ContingencyShowing with accepted offer only. Drive by only. Please do not disturb tenants. Please contact listing agent with any questions.
CountyLos Angeles
DirectionsOn Fulton
Electric Expense6000
Entry Locationmain
Garage Spaces
Garage Y/NNo
Gross Income268920
HOANo
HOA Fee$
Insurance Expense10459
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet12000
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income245281
New ConstructionNo
Number Of Units Total12
Number of Units Leased12
Operating Expense23639
Pool FeaturesNone
PostalCityNORTH HOLLYWOOD
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot2
Total Actual Rent21710
Trash Expense4080
Water Sewer Expense3100
Year Built1957
Year Built SourceAssessor
Exterior for 6955 Fulton Avenue
Building Area Total8890
Lot Features0-1 Unit/Acre
Lot Size Acres0.2755
Lot Size Area12000
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Private PoolNo
Total Parking12
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
