With excellent visibility along one of the San Fernando Valley's main thoroughfares, the property offers an investor the opportunity to add significant value by recapturing approximately 30% in rent upside. Five garage parking spaces in the rear of the property provide a unique amenity for this neighborhood, as well as a supplemental revenue stream. Portions of the plumbing system have already been upgraded with copper pipes. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, saving an owner from an otherwise costly renovation (Buyer to verify). Located near the intersection of Fulton Avenue and Victory Boulevard, the property allows tenant convenient access to the 170 and 101 Freeways. NoHo West, a newer mixed-use development, is only two miles from the building and offers residents a variety of dining and entertainment options, including Regal Cinemas, Trader Joe's, LA Fitness, Starbucks, Nordstrom Rack, and Paris Baguette.
|
DAYS ON MARKET
|
20
|
LAST UPDATED
|
7/14/2025
|
|
YEAR BUILT
|
1951
|
COMMUNITY
|
VG - Valley Glen
|
|
COUNTY
|
Los Angeles
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STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
VG - Valley Glen |
| LOT |
6120 sq ft |
| LOT DIMENSIONS |
51x120 |
| PARKING |
Assigned |
| STORIES |
2 |
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Listed with Marcus & Millichap
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/3/25 11:05 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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