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    7021 Fulton Ave North Hollywood, CA 91605

    For Sale
    $1,520,000

    Six-unit building with a mix of one, two, and three-bedroom units.

    Lot size:
    0.17 Acres

    Property Features for 7021 Fulton Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1957

    Source: ABRA Inc. Agent Seroj Mnacheganian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six-Unit Multifamily Property

    This is an attractive six-unit garden-style building featuring a mix of one, two, and three-bedroom apartments. The unit mix includes one three-bedroom, two-bathroom unit, two two-bedroom, one-bathroom units, and three one-bedroom, one-bathroom units. The property provides an opportunity to increase rental income. It is centrally located near freeways, transportation options, and various services. On-site amenities include covered parking, a storage area, and laundry facilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.4226974
    Latitude
    34.1980867

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building with a mix of one, two, and three-bedroom units.
    Where is this apartment building located?
    The property is located at 7021 Fulton Ave North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,520,000.
    What are key features of this property?
    This property features: - Opportunity to capture significant upside in rental income stream.; - Desirable unit mix of 1, 2, and 3 bedroom apartments.; - Centrally located with proximity to freeways, transportation, and services.
    (818) 658-3855
    Request Owner's contact information
    7021 Fulton Ave North Hollywood, CA 91605
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    North Hollywood, CA 91605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7021 Fulton Ave North Hollywood, CA 91605
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