Sherman Oaks, CA 91423,4503 Fulton AVE
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Sherman Oaks, CA 91423,4503 Fulton AVE

$2,035,055

Est. payment /mo

$2,250,000

9.6%
Est.Price: ?

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4503 Fulton AVE Sherman Oaks, CA 91423

5,560 SqFt

SOLD DATE : 08/09/2024

Key Details

Sold Price $2,035,055

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,560 sqft

Price per Sqft $366

MLS Listing ID SR24126500

Sold Date 08/09/24

HOA Y/N No

Year Built 1950

Lot Size 6,912 Sqft

Acres 0.1587

Property Description

First Time on the Market in Over 50 Years!
Welcome to this unique investment opportunity in the heart of Sherman Oaks! This charming eight unit apartment building offers exceptional potential for both investors and residents. Nestled in a highly desirable Sherman Oaks neighborhood, this property features eight spacious 1-bedroom, 1-
bathroom apartments, consistently in high demand due to their prime location.
Property Highlights:
• Prime Location: Situated in a vibrant area of Sherman Oaks, renowned for its excellent shopping options, fine dining, and entertainment venues. Enjoy the convenience of living close to The Sherman Oaks Galleria, Westfield Fashion Square, and an array of local boutiques.
• Accessibility: Ideal for commuters, with easy access to the 101 and 405 Freeways, ensuring a smooth journey to downtown Los Angeles, the San Fernando Valley, and beyond.
• Rental Potential: The 1-bedroom units are always easy to rent, making this property a stable and lucrative investment. The excellent location and charming neighborhood appeal to a wide range of tenants. Each unit has a separate gas and electric meter. There are 6 parking spaces at the rear of the property.
First time on the market in over half a century, this property retains much of its original charm while offering the potential for modern updates and increased value. This property is perfect for those looking to invest in a sought-after location with consistent rental demand. Don’t miss out on this rare opportunity to own a piece of Sherman Oaks history.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LAR3

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Assigned

Pool None

Community Features Street Lights, Suburban, Sidewalks

Parking Type Assigned

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2360020015

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jill Fischer-Politz • Beverly and Company, Inc. • 818-231-9207
Bought with Navid Barahmand • Real estate Ebroker

Jessie Rodriguez

Owner | Realtor | License ID: 01418054

+1(909) 657-1022

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