$1,075,000
$1,075,000
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7041 Fulton Avenue North Hollywood, CA 91605
3 Beds
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-14626
Sold Date 08/17/23
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Located on Fulton Avenue, North of Vanowen
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
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Bought with Casey Picard Keller Williams Realty
