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6535 Fulton, Van Nuys, CA 91401

  • $3,998,000

  • bed

  • bath

Multi-family for sale 12 days
Movoto is helping 22 homebuyers near you

About 6535 Fulton

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.36 Acre
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - JUSTIN CHU
Listing Agent Contact: 626-321-3211
Listing Office - CIRCA PROPERTIES, INC.
Source: CRMLS mls logo
MLS#WS26151158 • last updated 1 week ago
Movoto checked CRMLS for data 6 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.361
Lot Size (SqFt) 15727
Year Built 1963
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 14891
# Uncovered Spaces 3
# Carport Spaces 13
# Parking Spaces 16
Lot Description 16-20 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Los Angeles
Community Features Curbs, Golf, Biking, Street Lights, Urban, Sidewalks, Suburban
Directions Cross Street Is Victory Blvd.
APN 2329025023
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 10712
Expense: Trash 5600
Laundry Income 436
Operating Expense 114102
Cap Rate 5.82
Expense: Insurance 5212
Total Expenses 114102
Expense: Maintenance 12800
Expense: Water/ Sewer 14400
Gross Income 357080
Gross Operating Income 346368
Expense: Electric 4467
Gross Multiplier 11.17
Gross Scheduled Income 357080
Expense: Gardener 4800
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Source: GreatSchools.org © 2026. All rights reserved.

Around Greater Valley Glen

Explore everything this neighborhood has to offer. Learn more about Greater Valley Glen.
75/100
Walk
77/100
Family
95/100
Dining
98/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Van Nuys
  • 91401
  • Greater Valley Glen
  • 6535 Fulton

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