41 Units Complex in North Hollywood
FOR SALE
View more
$8,550,000
7100 Fulton Avenue, North Hollywood, CA 91605
31,790 SF
Square Feet
$269
PPSF
41
Units
200.0K
PPU
4.86%
CAP
Property Description
Units
41 — PPU: 200.0K
NOI
$415,598
Cap Rate
4.86%
- Attractive assumable loan at 3.13% interest rate and due October 2030
- Upgraded electric panels
- Soft Story retrofit has been completed
- Mix of (19) 2-bedrooms and (22) 1-bedroom
- On-site laundry facilities
- Spacious central courtyard with pool and barbecue area
- On-site leasing office
- Gated, secure entrance
- Twenty (20) tuck-under and twenty-one (21) covered parking spaces
- Apartments are separately metered for electricity and gas
- Individual wall units for air conditioning and heating
- Close proximity to Valley Plaza Park, James Madison Middle School, and the 170 Freeway
Property Details
Asset Type
MultiFamily
Year Built
1960
Zoning
LAR3
Lot Size
46,156 SF
Neighborhood
Valley Glen
Submarket
North Hollywood
ZIP
91605
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$659,347
Debt Service Coverage Ratio (DSCR)
1.36x
Cap Rate
7.71%
Cash Flow (Annual)
$172,970
Cash-on-Cash Return
8.09%
Monthly Debt Service
$40,531
Annual Debt Service
$486,376
View on Map
Address
7100 Fulton Avenue
Log in to see street view
Get exclusive comps and insights by logging in - it's free!
North Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
