6212 Fulton Ave
Valley Glen, CA 91401

Bd   — Ba   8,836 Sqft
We are pleased to present the opportunity to acquire a rare commodity Non-Rent Control property located in the City of Los Angeles. 6212 Fulton is a two story apartment building built over subterranean secured parking located in the desirable Valley Glen submarket. Built in 1987 the subject property benefits from not being subject to rent control, allowing the new owner the opportunity to increase rents to realize the properties upside potential. 28% upside from current rents to market rates. Zoned LAR3, the floorplans are large, the upper floor has 25 foot vaulted ceiling with the 2nd bedroom elevated with a loft-like feel. The property is conveniently located near shopping centers, schools and public transportation. The location and unit mix, five two bedroom townhomes and five one bedrooms are highly desirable. Unit amenities include balconies, central AC, full kitchens, walk-in closets, gas fire places in all units. Apartments have a very clean high-end feel.
  • Neighborhood: Greater Valley Glen
  • Days on Movoto: 281
  • Year Built: 1987
  • HOA:
  • $/Sqft: $396
  • Lot: 7,936 Sqft
  • Property Type: Single Family
  • MLS#: 16137578
  • MLS:
  • Listing Office: Ricardo Dantas
  • Listed By: Ricardo Dantas
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Property History

Status
Date
Price
Listed
Jun 22, 2016
$3,500,000
#16137578
Built in 1987, this single family house at 6212 Fulton Ave, Valley Glen CA, 91401 is approximately 8,836 square feet and comes with 34 parking spots. It was last listed with a cost per Sqft of $396. 6212 Fulton Ave is located in the Greater Valley Glen neighborhood in the Los Angeles Unified School District. The closest school is Erwin Elementary School.

6212 Fulton Ave, Valley Glen CA, 91401 was on the market for 281 days. The median days on the market for properties in this area is 28 with a median list price of $928,000 and median cost per square foot of $387. Its current status is removed under the MLS #16137578.

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