USACAVan Nuys6034 Fulton Ave
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6034 Fulton Ave, Van Nuys, CA

House

For Sale

Listed price in listed location currency (USD).
$3,150,000

161622

MLS® 26765185

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 9614 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1990
Avg. Price Per Sqft $327
MLS® Number 26765185

Property Address: 6034 Fulton Ave, Van Nuys, CA, 91401-3181

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 6034 Fulton Avenue, a 12-unit multifamily property located on a quiet residential block in the Valley Glen/Van Nuys border submarket of the San Fernando Valley. Built in 1990, the two-story building encompasses 9, 614 square feet of rentable area on an 8, 540-square-foot lot zoned R3-1. The property features a diverse unit mix of four one-bedroom/one-bath flats, four one-bedroom-plus-loft/one-bath units, and four two-bedroom/two-bath flats, offering functional layouts ranging from 650 to 904 square feet.The property is exempt from the City of Los Angeles Rent Stabilization Ordinance (RSO), subject only to AB 1482 (the California Tenant Protection Act), which allows annual rent increases of 5% plus CPI. All 12 units are individually metered for gas and electric, with the owner responsible only for cold water and central boiler hot water. The diverse unit mix appeals to a broad tenant pool, from singles and students (Valley College is 0.5 miles away) to couples and small families, supporting stable occupancy and organic demand throughout market cycles.With in-place rents averaging $2, 029 per month and achievable market rents of $2, 233 per month, the property presents a 10.1% rent upside opportunity for a new buyer. The 30-year ownership under the Berkus Estate represents the first offering of this asset since 1996, positioning it as a rare acquisition opportunity in a supply-constrained corridor. TOC Tier 3 eligibility provides additional long-term density bonus potential for a future development play, adding strategic optionality beyond the near term income upside.
MLS® Number26765185
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1990
Basement
DrivewayUnderground
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$3,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
6034 Fulton Ave, Van Nuys, CA

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