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6215 Fulton Avenue

Van Nuys, CA 91401
  • $3,950,000
  • STATUS: Active Under Contract
  • ON SITE: 12 Days
  • ID#: SR21227138
Under Contract
UPDATED: 94 min ago
$3,950,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

The Ghobadi Multifamily Investment Team is pleased to present a16-unit apartment complex located at 6215-6221 Fulton Avenuein the city of Van Nuys.This opportunity consists of two buildings with a unit mix of ten2 Bed/1 Bath and six 1 Bed/1 Bath units totaling 14,820 squarefeet of rentable space on a 20,678 square feet lot. In addition,this property offers two on-site laundry rooms and sixteenparking spaces at the rear of the property. Furthermore, thisproperty has been professionally managed for the past 8-9 years.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T00:26:54.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/122339439
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6215 Fulton Avenue Van Nuys, CA 91401

  • Price: $3,950,000
  • Status: Active Under Contract
  • Updated: 94 min ago
  • ID#: SR21227138
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1953
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
The Ghobadi Multifamily Investment Team is pleased to present a16-unit apartment complex located at 6215-6221 Fulton Avenuein the city of Van Nuys.This opportunity consists of two buildings with a unit mix of ten2 Bed/1 Bath and six 1 Bed/1 Bath units totaling 14,820 squarefeet of rentable space on a 20,678 square feet lot. In addition,this property offers two on-site laundry rooms and sixteenparking spaces at the rear of the property. Furthermore, thisproperty has been professionally managed for the past 8-9 years.
Exterior Features

Lot Features Rectangular Lot Number Of Separate Electric Meters 16 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.53 Common Interest Community Apartment Community Features Sidewalks Electric Expense 7353 Fuel Expense 1135 Garage YN No Gross Income 268347 Gross Scheduled Income 269028 Insurance Expense 6390 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 12000 Net Operating Income 139399 New Construction YN No New Taxes Expense 49375 Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Operating Expense 128948 Pest Control Expense 610 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 20671 Vacancy Allowance Rate 3 Water Sewer Expense 10000 Water Source Public Zoning Lar3

Listing provided courtesy of Reza Ghobadi of Reza Ghobadi


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T00:26:54.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Parsons Team | Keller Williams Realty
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Pasadena CA, 91101