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7048 Fulton Avenue, North Hollywood, CA 91605

$2,649,000 Approx. USD 18 beds, 16 baths
10,682 sqft

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Roderick 'Rick' Raymundo | Rick.Raymundo@MarcusMillichap.com
Lic#: 01357019
Broker: Courtesy of Marcus & Millichap
Phone: 213-943-1855

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26994247

Price: $2,649,000

Beds: 18

Baths: 16

Built in 1977

10,682 sqft

2 stories

0.33 acres

Lot size: 0.3274

County: Los Angeles

Zoning: LAR3

Parking description: Assigned

MLS area: NHO - North Hollywood

Last Updated: 10/15/2026

Days On Market (DOM): 27

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This listing belongs to the NHO - North Hollywood MLS area

Lat/Long: 34.198900, -118.422162.
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