Detailed Introduction Of This Home
We are pleased to present a sixteen (16) unit apartment building located at 6535 Fulton Avenue in Los Angeles, California. The subject property is situated in a great Valley Glen location, north of Victory Boulevard and east of Van Nuys Boulevard. Built in 1963, this property contains an incredible unit mix of eleven (11) two-bedroom / one-bathrooms units, two (2) two-bedroom / two-bathroom units, and three (3) three-bedroom / two-bathroom units. One (1) unit will be delivered vacant. Select units were recently refurbished with new flooring and remodeled bathrooms and kitchens. Both the bathrooms and kitchens feature beautiful granite countertops, bright white cabinets, and stainless steel appliances. Each unit is very spacious averaging around 1,000 square feet. Residents can take advantage of the property's on-site amenities, such as laundry facilities, thirteen (13) covered parking spaces, three (3) uncovered parking spaces, a courtyard swimming pool, and a quaint, grassy front yard. The property includes a very large vacant storage space that can be easily converted into an ADU. The subject property is situated in Valley Glen, one (1) block south of Fulton Avenue Park. Valley Glen is a dynamic and diverse family-friendly portion of the San Fernando Valley that offers plenty of fun activities, good local food, great parks, and nice buildings. Situated in a great Valley Glen location, this offering presents an excellent opportunity for any investor to capitalize on the strong rental upside in a core market of Los Angeles.