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6853 Fulton Avenue represents a compelling value-add opportunity in one of Los Angeles' most sought-after infill corridors. This well-maintained 7-unit (6+1 NC) complex offers investors a rare combination of significant rental upside, a diverse unit mix, and strong fundamentals in the heart of the North Hollywood submarket. With in-place rents running significantly below market, the asset presents an exceptional mark-to-market runway for the sophisticated investor. Whether through natural turnover or a targeted renovation program, the path to market rents is well-defined -- offering substantial near- and long-term yield expansion in a growing Los Angeles neighborhood. The property's 7 units are configured across a well-balanced mix of floor plans: (4) - 2 bed / 1 bath, (2) - 1 bed / 1 bath, and (1), non-conformingbachelor. This diversified unit mix broadens the tenant demand profile and supports strong long-term occupancy performance. Built in 1957, the property sits on a 7,009 SF lot with 4,920 SF of gross building area. New ownership may elect to re-activate the laundry room for additional income. Tenants are responsible for electricity and gas, while the owner covers water, sewer, and trash. Situated in the established North Hollywood neighborhood, the property benefits from convenient access to major freeways including the 170, 101, and 405. The location continues to attract strong renter demand from working professionals and long-term residents alike.
Property Type(s):
Residential Income
| Last Updated | 4/7/2026 | Tract | Not Applicable |
|---|---|---|---|
| Year Built | 1957 | Community | NHO - North Hollywood |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | NHO - North Hollywood |
| HEAT | Wall Furnace |
| LOT | 7009 sq ft |
| LOT DIMENSIONS | 7009 |
| POOL DESCRIPTION | None |
| SUBDIVISION | Not Applicable |
| VIEW DESCRIPTION | None |
Location
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Listed with Keller Williams Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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