7033 Fulton Ave, North Hollywood, CA 91605

Description

7033 Fulton Avenue is a well-maintained 6-unit apartment community ideally located in one of North Hollywood's most established and consistently in-demand residential neighborhoods. Built in 1957 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most durable rental submarkets in the San Fernando Valley.Situated on a 7,319 square foot lot, the property totals 4,935 square feet of gross building area, averaging 823 square feet per unit across a single building. The asset features a diverse unit mix of two (2) one bedroom, one bath units, three (3) two bedroom, one bath units, and one (1) three bedroom, two bath unit a floor plan composition that spans the full spectrum of renter demand.North Hollywood's enduring appeal as the cultural and transit heart of the East Valley further strengthens the investment profile of 7033 Fulton Avenue. The property sits within a tree-lined residential corridor close to the everyday retail and dining of Sherman Way and Laurel Canyon Boulevard, the shops and services of Valley Plaza, and the theaters, restaurants, and nightlife of the NoHo Arts District along Lankershim and Magnolia Boulevards. Nearby recreational amenities include North Hollywood Recreation Center and Valley Plaza Park, while proximity to the 170 and 101 Freeways and major employment hubs at Universal Studios, the Burbank Media District, and Warner Bros. and Walt Disney Studios supports sustained rental demand.With its prime Fulton Avenue address, diverse unit mix anchored by a three bedroom, two bath unit, strong in-place income, single-building layout, and more than five decades of continuous ownership, 7033 Fulton Avenue represents a rare opportunity to acquire a generational, pride-of-ownership asset in one of the most resilient rental submarkets in the San Fernando Valley.