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$2,649,000

7048 Fulton Avenue

North Hollywood, CA 91605

Active

Beds

Baths

10,682

Sq. Ft.

1977

Year Built

Los Angeles

County

ResidentialIncome

Property Type

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 Supermarkets, and Walgreens, all within three miles of the property.

Listed by Roderick 'Rick' Raymundo · DRE #01357019 · Marcus & Millichap

MLS #1192548616

ListedOct 7, 2026

Property Details

Architecture

Stories2

StyleN/A

Total Units16

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesAssigned

Parking Total16

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.33 ac

Lot FeaturesN/A

ViewN/A

DirectionsWe are pleased to announce the opportunity to purchase 7048 Fulton Avenue, a 16-unit multifamily property located in the North Hollywood neighborhood of Los Angeles, CA.

Community

AreaNHO - North Hollywood

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$14,099/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:00 PM

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