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Back 6034 Fulton Avenue
Off Market

6034 Fulton Avenue

Los Angeles CA 91401

16
16
22
9614 sq. ft.
8540 sq. ft.
Other
Last sold for $2,910,000
Filip NiculeteFilip Niculete, last sold this property on 28 May 2026 after 37 days on market.

Overview

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.

Features

16 bedrooms
16 bathrooms
22 carspaces
9614 sq. ft. floor area
8540 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 16 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 6034 Fulton Avenue

2026
Sold
$2,910,000
28 May 2026 by Filip Niculete, of Marcus & Millichap

Happy sellers in Los Angeles

90%
90% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for 16 bedroom other properties in Los Angeles

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