6535 Fulton
Los Angeles, CA, 91401 $ 3,998,000
Baths1.0 Sq 14,891 Monthly Estimate*
$ 25,244
Listed by CIRCA PROPERTIES, INC.
Studio for $3,998,000 with 1 full bath. This 14,891 square foot home was built in 1963 on a lot size of 0.361.
Exceptional 16-unit apartment community located in the highly desirable Valley Glen neighborhood of Van Nuys. Built in 1963, this well-maintained investment opportunity features an attractive unit mix of eleven 2-bedroom/1-bath units, two 2-bedroom/2-bath units, and three spacious 3-bedroom/2-bath units, appealing to a broad tenant base. Several units have been updated with modern kitchens, granite countertops, white cabinetry, stainless steel appliances, and refreshed bathrooms, providing immediate appeal while offering additional value-add potential. The property offers desirable amenities including a courtyard swimming pool, on-site laundry facilities, 16 on-site parking spaces (13 covered and 3 uncovered), attractive landscaping, and a gated, professionally maintained environment. Spacious floor plans averaging approximately 1,000 square feet contribute to strong tenant demand. Ideally situated just north of Victory Boulevard, the property is surrounded by an abundance of shopping, dining, parks, and everyday conveniences. Residents enjoy easy access to the 170, 101, and 405 Freeways, providing convenient connectivity throughout the San Fernando Valley and Greater Los Angeles. Nearby employers, schools, and entertainment destinations further enhance the property's long-term desirability. This is an outstanding opportunity for investors seeking stable in-place income with the potential to increase cash flow through continued interior renovations and strategic asset management in one of the Valley's strongest multifamily rental markets.
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FeaturesGeneralSewer PublicSewer
Garage Spaces 0
Pool Features InGround Private
Year Built 1963
Property Subtype Apartment
Gross Income 357080
Community Features Biking Curbs Golf StreetLights Suburban Sidewalks Urban
County Los Angeles
Net Operating Income 232266
Operating Expense 114102
Insurance Expense 5212
New Construction false
Property Type ResidentialIncome
MaintenanceExpense 12800
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street is Victory Blvd.
City Los Angeles
Entry Location E
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 16
MLS Area 699 - Not Defined
Lot Size Units SquareFeet
Lot Size Square Feet 15727
Carport Spaces 13
Carport Y/N true
Listing Terms Cash CashToNewLoan Conventional
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 4467
Fuel Expense 0
Trash Expense 5600
Water Sewer Expense 14400
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 44
Property Sub Type Additional Apartment
Taxes 43868
Cap Rate 5.82
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InteriorTotal Stories 2
Common Walls NoCommonWalls
Laundry Features CommonArea
Entry Level 1
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ExteriorLot Features SixteenToTwentyUnitsAcre
Water Source Public
Total Parking 16
Lot Size Area 15727
Number of Buildings 1
Building Area Total 14891
Lot Size Acres 0.361
Private Pool true
Lot Size Source Assessor
Number of Separate Water Meters 16
Number of Separate Gas Meters 16
Number of Separate Electric Meters 16
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* Excluded FeaturesList ByCirca Properties, Inc.Broker
justinyichu@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $25,244
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Los Angeles, CA
Average List Price $3,866,219
Percent of Sale Price 3%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/10/2026 | $3,998,000 | | Listed Price |