4648 Fulton Avenue

Sherman Oaks, CA 91423

$2,900,000
Last Sold Price
16
Beds
15
Baths
8,860 Sq. Ft.
$327 / Sq. Ft.
8,860
Sq. Ft.
$327
per Sq. Ft.

Description

Prime Sherman Oaks location, N. of FWY. Great 9 unit building built in 1987. Good parking with gated entry. Community Laundry Room income as well. Original owner. Rents are under market value. See rent roll actual and projected rents. Buyer to verify. Can be purchased separately and/or with 4634 sister building with similar specs. Also 9 units separated only by one building in between.Prime Sherman Oaks location, N. of FWY. Great 9 unit building built in 1987. Good parking with gated entry. Community Laundry Room income as well. Original owner. Rents are under market value. See rent roll actual and projected rents. Buyer to verify. Can be purchased separately and/or with 4634 sister building with similar specs. Also 9 units separated only by one building in between.

Property Details for 4648 Fulton Avenue

Zoning
LAR3
Parcel Number
2360025050
Total Units
9.0
Living Area
8860
Source Living Area
Vendor Enhanced
Area
Sherman Oaks (SO)
Vacancy Rate
2
Lot Size Area
7617

Location

Listing Courtesy of Compass, Rick Ojeda, DRE #00987794; Compass, Nick Segal, DRE #01013548

Sold By Compass, Morgan McMullin, DRE #01716570

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LISTING UPDATED: 11/12/2020 02:50 PM

Property Details for 4648 Fulton Avenue

StatusSold
MLS #20-598316
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.17 AC / 7,617 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Rick Ojeda, DRE #00987794; Compass, Nick Segal, DRE #01013548

Sold By Compass, Morgan McMullin, DRE #01716570

Add your commute

Building Information for 4648 Fulton Avenue

Stories-Residences-Year Built1987Building Size-Lot Size0.17 AC / 7,617 SF

Payment Calculator

$18,952 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$3,126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4648 Fulton Avenue

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 9
  • Type Of Units: condo
Contract Info
Contract Info
  • Probate: No
  • Disclosures: CC and R
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $126,300
  • Net Operating Income: $64,577.00
  • Gross Income: $130,200
  • Gross Rent Multiplier: $23.04
  • Vacancy Allow Dollar: $3,870.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 61753
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1749
  • Lot Size Square Feet: 7617
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 16
  • Parking Features: Assigned
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Microwave
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-01-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $1,150.00
  • Unit Projected Rent: $1,250.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $1,600.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 6
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $1,250.00
  • Like Units: 7
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,550.00
  • Unit Actual Rent: $1,550.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 8
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,450.00
  • Unit Actual Rent: $1,450.00
  • Unit Projected Rent: $1,250.00
  • Like Units: 9
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,243,330.00
  • Assessed Improvement Percent: 69.57
  • Assessed Land Value: $543,948.00
  • Assessed Land Percent: 30.43
  • Assessed Total Value: $1,787,278.00

Public Records for 4648 Fulton Avenue

Taxable ValueLand$1,560,600Additions$1,456,560Total$3,017,160
Tax Record2023$37,518 ($3,126 / month)
Home Facts
Total Finished SqFt8,860 SqFtAbove Grade Finished SqFt8,860 SqFtLot Size7,617 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLAR3CountyLOS ANGELESAPN2360-025-050

Schools near 4648 Fulton Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Riverside Drive Charter Elementary School
CharterK to 5

Louis D. Armstrong Middle School
Charter6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

High Tech LA Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Rick Ojeda, DRE #00987794; Compass, Nick Segal, DRE #01013548

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.