$1,290,000
Active Under Contract
51 Days Online
8 Beds6 Baths4,416 SQFT
Active Under Contract

6729 Fulton Avenue Van Nuys, CA 91401

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24406358
  • Home Size Source N/A
  • Year Built1954
  • Lot Size0.1333 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Carport
  • Parking Spaces 6
  • Number of Stories 22
  • Acreage 0.1333
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Heating Wall Furnace

Community Features

  • Senior Community No
  • MLS Area VG - Valley Glen

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Monthly Payment (Est.)

$6,401
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