7048 Fulton Avenue, North Hollywood, CA 91605

North Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
7048 Fulton Avenue,North Hollywood, CA 91605
$2,649,000
  • 18 Beds
  • 16 Baths
  • 10,682 sq. ft.
  • Multi-family
  • Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26994247
Source:CRMLS

Price summary

  • Price:$2,649,000
  • Price per sq. ft.:$247.99

About this home

Situated within one of the densest residential submarkets of the San Fernando Valley, the property allows a new investor excellent value with its low $165,563 per unit entry point. An owner can improve income in both the near and long term by recapturing the approximately 27% in rent upside. With all seismic retrofit repairs already completed (Buyer to verify), a new investor is saved from an otherwise costly maintenance expense. The property also generates a supplemental revenue stream through tenants' use of the on-site laundry facilities. The building is also fully parked, containing a parking space for each bedroom of the property. Situated near the intersection of Fulton Avenue and Sherman Way, the two-story building offers tenants convenient access to the Greater Los Angeles Metro Area via the nearby 170, 101, 5, and 405 Freeways. Residents also enjoy the benefits of the building's proximity to several national retailers, including Trader Joe's, Home Depot, Ralphs, Vallarta...

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Home facts

  • Year built:1977
  • Listing ID #:26994247
  • Added:1 day(s) ago
  • Updated:October 08, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:10,682 sq. ft.

Structure and exterior

  • Year built:1977
  • Building area:10,682 sq. ft.
  • Lot area:0.33 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,649,000
  • Price per sq. ft.:$247.99

Parking

  • Total parking spaces:16
  • Parking description:Assigned
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