NOT LISTED FOR SALE

4601 Fulton Ave Sherman Oaks, CA 91423

13 Beds
8 Baths
6,200 Sq Ft
0.25 Acres

Last Sold August 09, 2019

Last sale price $1,820,000 $294 Per Sq Ft

227 Days on Market

About This Home

As of August 2019

We are pleased to announce the sale of 4601 Fulton Avenue, an 8-unit multifamily property in prime Sherman Oaks, just one block from Studio City. Available for sale for the first time in more than 30 years, the building includes a mix of one and two bedroom units and is not listed on the LA City Seismic Retrofit database (Buyer to verify). Select units feature wood flooring and renovated bathrooms, but the opportunity remains for a new investor to install interior upgrades within the well-maintained property in order to recapture the approximately 68% upside in rents. Situated south of the 101 Freeway near the intersection of Fulton Avenue and Moorpark Street, the property is within walking distance of the high-end shops and restaurants along Ventura Boulevard. The property sits squarely in a desirable neighborhood, with five different high-end condo properties within one block and dozens of single family residences for several blocks.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 12/10/2018

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 12/10/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 10,890 Sq Ft Lot

Interior Spaces

  • 6,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2360-021-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6200
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 325.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 308030
  • Assessed Land Value: 136202
  • Assessor Parcel Number: 2360-021-013
  • Geocode Override: No
  • Lot Size Area: 10890

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.49
  • Number Of Units: 8
  • Total Annual Expense: 53448
  • Type Of Units: Residential
  • Vacancy Rate: 3%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/09/2019 08/09/19 Sold $1,820,000 -9.9% $294 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $2,020,000 0.0% $326 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
12/10/2018 12/10/18 For Sale $2,020,000 -- $326 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2019

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    1 in this area

    67 Total Sales

    Rick Raymundo
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-414848

The MLS

California Los Angeles County Sherman Oaks 91423

4601 Fulton Ave, Sherman Oaks, CA

This home is located at 4601 Fulton Ave, Sherman Oaks, CA 91423 since 10 December 2018. This property was built in 1953. 4601 Fulton Ave is a home located in Los Angeles County with nearby schools including Ulysses S. Grant Senior High School, Riverside Drive Charter Elementary School, and Dixie Canyon Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes