4434 Fulton Ave Immeuble residentiel 20 lots 5 944 281 € (297 214 €/Lot) Taux de capitalisation 4,88 % Sherman Oaks, CA 91423

Keller Williams is pleased to present this great opportunity to acquire a well maintained 20-unit apartment complex located in a prime location of Sherman Oaks, within a neighborhood offering a blend of upscale living, suburban charm and urban amenities. The property’s location offers easy access to major freeways, enhancing convenience for residents and commuters alike. 4434 Fulton Ave is comprised of Ten 2-bedroom units and Ten 1-bedroom units. This investment opportunity has plenty of upside potential with most rents under market value.
Nestled in a prime location adjacent to Studio City and Valley Village, this property offers unparalleled convenience and access to some of the area's most sought-after amenities. Just minutes away, enjoy premier shopping and dining at the Sportsmen’s Lodge, where you can grab a bite at popular hotspots like Erewhon, Sugarfish, and Tocaya. Daily essentials are within easy reach with Whole Foods and Ralphs nearby, while upscale retail therapy awaits at the Sherman Oaks Galleria and Westfield Fashion Square. Stroll along Ventura Boulevard and explore its charming boutiques, vibrant dining venues, and sophisticated wine bars. For outdoor enthusiasts and families, the Van Nuys Sherman Oaks Recreation Center provides a welcoming space for gatherings, sports fields, and a well-equipped children's play area. This exceptional location blends urban convenience with a lively neighborhood atmosphere, making it an ideal investment opportunity.
All units are bright and spacious, about half are in classic condition and the others have been modernized or partially modernized. Interior modern upgrades to the unit interiors could include new cabinets, countertops, stainless steel appliances, modern fixtures, fresh paint and modern vinyl wood flooring.
RUBS is currently being implemented, which will bring down the expenses and increase NOI. No local rent control, amazing neighborhood, low expenses and high-demand community makes this a perfect addition to any investor's portfolio.