5720 Fulcher Avenue

5720 Fulcher Avenue

North Hollywood, CA 91601

$1,275,000
Last Sold Price
7,000 / 0.16
Lot Size / Acres

Closed 6/22/22

Closed 6/22/22

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Description

Developers, here is your next opportunity to build a new construction fourplex (or possibly a fourplex + ADU/JADU’s)! 5720 Fulcher Ave is a NON-TENANT OCCUPIED single family residence located on an enormous (7,000 SF) flat lot in the NoHo Arts District! This land is as rare as they come, and at $1,099,000 it’ll move fast. From the unbeatable NoHo location (hottest rental market in the Valley) to the large lot size to the lack of rent control on the future building, we predict that a new construction...Developers, here is your next opportunity to build a new construction fourplex (or possibly a fourplex + ADU/JADU’s)! 5720 Fulcher Ave is a NON-TENANT OCCUPIED single family residence located on an enormous (7,000 SF) flat lot in the NoHo Arts District! This land is as rare as they come, and at $1,099,000 it’ll move fast. From the unbeatable NoHo location (hottest rental market in the Valley) to the large lot size to the lack of rent control on the future building, we predict that a new construction project on this lot will go for $3,100,000/$3,200,000 on the low end. With the ADU potential, we expect $3,500,000+. Nearby NoHo new construction projects are closing escrow in the coming weeks at $3,450,000 (fourplex) and $3,600,000 (fourplex + micro-ADU), providing strong evidence of exceptional value on a completed NoHo project. Whether you plan to build and hold or build and sell, the numbers pencil both ways. Jump on this deal before it goes.
  1. Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #01921425 • The 2-4 Unit Specialists
  2. Listed by Ian Maddox • DRE #02030205 • Brokerage DRE #01921425 • The 2-4 Unit Specialists

Property Details for 5720 Fulcher Avenue

View
Neighborhood
Lot Size Source
Assessor
Assessor Parcel Number
2337-028-006
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425; The 2-4 Unit Specialists, Ian Maddox, DRE #02030205

Sold By The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425

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LISTING UPDATED: 06/23/2022 01:15 AM

Property Details for 5720 Fulcher Avenue

StatusClosed
MLS #BB22101498
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.16 AC
CountyLos Angeles County

Location

Listing Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425; The 2-4 Unit Specialists, Ian Maddox, DRE #02030205

Sold By The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425

Add your commute

Building Information for 5720 Fulcher Avenue

Lot Size0.16 AC

Payment Calculator

$8,280 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$1,322

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5720 Fulcher Avenue

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 6345
  • Tax Census Tract: 1242.04
  • CFD/Mello-Roos Fee: $250
  • Tax Lot: 35
Community / Development
Community / Development
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
Exterior Features
  • Miscellaneous: Value in Land
Distance To
  • Distance To Water: N/A
Land/Lot Info
  • Lot Features: Value In Land
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 5720 Fulcher Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5720 Fulcher Avenue

Taxable ValueLand$1,040,400Additions$260,100Total$1,300,500
Tax Record2023$15,863 ($1,322 / month)
Home Facts
Beds3Total Finished SqFt1,266 SqFtAbove Grade Finished SqFt1,266 SqFtStories1Lot Size7,000 SqFtStyleSingle Family ResidenceYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN2337-028-006

Schools near 5720 Fulcher Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Oxnard Street Elementary School
Public - K to 5
Roy Romer Middle School
Public - 6 to 8
East Valley Senior High School
Public - 9 to 12
Science Academy STEM Magnet
Public - 6 to 11
Rating
School
Distance
Oxnard Street Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

East Valley Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 11

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.

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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 The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425; The 2-4 Unit Specialists, Ian Maddox, DRE #02030205

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.