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18 Beds
16 Baths
10,682 sqft

$2,649,000

7048 Fulton Avenue, North Hollywood CA, 91605

Price per sqft$247.99
Built in1977
Property size10,682 sqft
Property typeResidential
Listed by Roderick 'Rick' Raymundo CA DRE# 01357019 with Marcus & Millichap 213-943-1855

Overview

Active

Listed Oct 7, 2026

Updated 40h ago

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.

$17,624/mo

Est. mortgage payment based on a $2,649,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26994247

Interior Features

Bedrooms
18
Bathrooms
16
Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Roderick 'Rick' Raymundo CA DRE# 01357019 with Marcus & Millichap 213-943-1855

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/8/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/8/2026 at 7:28 AM UTC Last Checked: 7:28 AM UTC

 

 

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