$1,299,995

Estimated payment $8,370/month

Total Views 1,428
7 Beds
5 Baths
3,468 Sq Ft
$375 Price per Sq Ft

About This Home

With excellent visibility along one of the San Fernando Valley's main thoroughfares, the property offers an investor the opportunity to add significant value by recapturing approximately 30% in rent upside. Five garage parking spaces in the rear of the property provide a unique amenity for this neighborhood, as well as a supplemental revenue stream. Portions of the plumbing system have already been upgraded with copper pipes. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, saving an owner from an otherwise costly renovation (Buyer to verify). Located near the intersection of Fulton Avenue and Victory Boulevard, the property allows tenant convenient access to the 170 and 101 Freeways. NoHo West, a newer mixed-use development, is only two miles from the building and offers residents a variety of dining and entertainment options, including Regal Cinemas, Trader Joe's, LA Fitness, Starbucks, Nordstrom Rack, and Paris Baguette.

Listing Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 07/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,120 Sq Ft Lot
  • Lot Dimensions are 51x120

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2330-002-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3468
  • Lot Acreage: 0.1406
  • Lot Dimensions: 51x120
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 374.85

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Lot Info

  • Assessed Improvement Percent: 64.41
  • Assessed Improvement Value: 342694
  • Assessed Land Percent: 35.59
  • Assessed Land Value: 189375
  • Total Assessed Value: 532069
  • Assessor Parcel Number: 2330-002-015
  • Lot Size Area: 6120

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.73
  • Number Of Units: 5
  • Total Annual Expense: 40785
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $1,299,995 -- $375 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25565131

The MLS