$1,075,000
$1,075,000
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7041 Fulton AVE North Hollywood, CA 91605
4,935 SqFt
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,935 sqft
Price per Sqft $217
MLS Listing ID P1-14626
Sold Date 08/17/23
HOA Y/N No
Year Built 1957
Lot Size 7,200 Sqft
Acres 0.1653
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
Area Nho - North Hollywood
Zoning LAR3
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Off Street
Carport Spaces 6
Fence Chain Link
Pool None
Community Features Sidewalks
View Y/N No
View None
Parking Type Off Street
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers None
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 2328023022
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Casey Picard • Keller Williams Realty