5611 Fulcher Ave | North Hollywood, CA 91601
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- LoopNet Team
5611 Fulcher Ave
North Hollywood, CA 91601
6.82% Cap Rate | 4.64% Assumable Financing · Multifamily Property For Sale · 21 Units
Investment Highlights
- Assumable financing available fixed at 4.643% until January 2026. Balance is approx. $2,500,000. Loan maturity: 2049
- Extremely rare OVER 6% Cap Rate offering for the neighborhood
- Two brand new Studio ADUs fully occupied
- 21 unit Investment Opportunity located in highly sought after NoHo Arts District
- Well-maintained property with several renovated units
- High Cash Flow Asset with Strong Rental Upside Potential
PROPERTY FACTS
| No. Units | 21 | Building Size | 11,990 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.32 AC |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 11,990 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.25/1,000 SF |
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 16 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 2337-031-030 | Improvements Assessment | $1,335,327 |
| Land Assessment | $2,081,034 | Total Assessment | $3,416,361 |
PROPERTY TAXES
Parcel Number
2337-031-030
Land Assessment
$2,081,034
Improvements Assessment
$1,335,327
Total Assessment
$3,416,361
zoning
| Zoning Code | LAC2 |
| LAC2 |
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