Sold for $1,075,000

Listed by: Keller Williams Realty • Casey Picard • Contact: 626-376-9224

Bought with: Keller Williams Realty

$1,075,000

7041 Fulton Ave, North Hollywood, CA 91605

3beds

3baths

4,935sqft

Multi Family

Built in 1957

-- sqft lot

$1,112,300 Zestimate^®

$218/sqft

$2,829 Estimated rent

Home value

$1,112,300

$1.01M - $1.23M

$2,829/mo

Zestimate^® history

Owner options

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$2,829/mo

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$2,829/mo

Rent Zestimate^®

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$6,824/mo

Est. payment

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$6,824/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Laundry: None

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,935
Total interior livable area: 4,935 sqft

Property

Parking

Total spaces: 6
Parking features: Off Street
Carport spaces: 6

Features

Levels: Two
Stories: 2
Pool features: None
Spa features: None
Fencing: Chain Link
Has view: Yes
View description: None

Lot

Size: 7,199 Square Feet
Features: Sprinklers None

Details

Parcel number: 2328023022
Zoning: LAR3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1957

Community & HOA

Community

Features: Sidewalks
Subdivision: Not Applicable

Location

Region: North Hollywood

Financial & listing details

Price per square foot: $218/sqft
Date on market: 8/6/2023
Cumulative days on market: 3 days
Listing terms: Cash

Price history

Date	Event	Price
8/17/2023	Sold	$1,075,000$218/sqft
Source: CRMLS #P1-14626 Report a problem
8/8/2023	Pending sale	$1,075,000$218/sqft
Source: CRMLS #P1-14626 Report a problem
8/6/2023	Listed for sale	$1,075,000$218/sqft
Source: CRMLS #P1-14626 Report a problem