6535 Fulton, Los Angeles, CA 91401
6535 Fulton, Los Angeles, CA 91401
6535 Fulton, Los Angeles, CA 91401
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,998,000
Est. payment /mo
0.36 Acres Lot
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26151158

HOA Y/N No

Year Built 1963

Lot Size 0.361 Acres

Property Sub-Type Apartment

Property Description

Exceptional 16-unit apartment community located in the highly desirable Valley Glen neighborhood of Van Nuys. Built in 1963, this well-maintained investment opportunity features an attractive unit mix of eleven 2-bedroom/1-bath units, two 2-bedroom/2-bath units, and three spacious 3-bedroom/2-bath units, appealing to a broad tenant base. Several units have been updated with modern kitchens, granite countertops, white cabinetry, stainless steel appliances, and refreshed bathrooms, providing immediate appeal while offering additional value-add potential. The property offers desirable amenities including a courtyard swimming pool, on-site laundry facilities, 16 on-site parking spaces (13 covered and 3 uncovered), attractive landscaping, and a gated, professionally maintained environment. Spacious floor plans averaging approximately 1,000 square feet contribute to strong tenant demand. Ideally situated just north of Victory Boulevard, the property is surrounded by an abundance of shopping, dining, parks, and everyday conveniences. Residents enjoy easy access to the 170, 101, and 405 Freeways, providing convenient connectivity throughout the San Fernando Valley and Greater Los Angeles. Nearby employers, schools, and entertainment destinations further enhance the property's long-term desirability. This is an outstanding opportunity for investors seeking stable in-place income with the potential to increase cash flow through continued interior renovations and strategic asset management in one of the Valley's strongest multifamily rental markets.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 13

Pool In Ground, Private

Community Features Biking, Curbs, Golf, Street Lights, Suburban, Sidewalks, Urban

Total Parking Spaces 16

Private Pool Yes

Building

Lot Description 16-20 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2329025023

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by JUSTIN CHU CIRCA PROPERTIES, INC. 626-321-3211, DRE #01900624

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