Located in the heart of North Hollywood, 6828 Fulton Ave presents a rare opportunity to acquire a well-maintained, high-demand rental property in one of the most sought-after submarkets of Los Angeles. This 10-unit building offers a diverse unit mix consisting of one single, five 1-bedroom, 1-bath units, one 2-bedroom, 2-bath unit, and three 3-bedroom, 2-bath units, making it an ideal option for a variety of tenants, from students and professionals to families. The property features on-site parking with storage, a highly desirable amenity that enhances tenant appeal and convenience.
Positioned along a major thoroughfare, the property benefits from high visibility and easy accessibility. Investors will appreciate the recent new roof installation and completed seismic retrofitting, ensuring structural integrity and reducing future maintenance costs. Additionally, the building is individually metered for gas and electricity, helping to minimize owner expenses while maximizing operational efficiency.
The property's prime location offers unparalleled access to shopping, dining, and transit options, with the CA-170 Freeway just minutes away for seamless connectivity across the city. It is also a short distance from Los Angeles Valley College, making it a desirable rental option for students and faculty. The surrounding area continues to experience strong rental demand, providing significant upside potential for investors looking to increase rents over time.
With a strong tenant base, excellent location, and long-term value appreciation, 6828 Fulton Ave is an exceptional multifamily investment in North Hollywood.