Property Detail
Description
Situated within one of the densest residential submarkets of the San Fernando Valley, the property allows a new investor excellent value with its low $165,563 per unit entry point. An owner can improve income in both the near and long term by recapturing the approximately 27% in rent upside. With all seismic retrofit repairs already completed (Buyer to verify), a new investor is saved from an otherwise costly maintenance expense. The property also generates a supplemental revenue stream through tenants' use of the on-site laundry facilities. The building is also fully parked, containing a parking space for each bedroom of the property. Situated near the intersection of Fulton Avenue and Sherman Way, the two-story building offers tenants convenient access to the Greater Los Angeles Metro Area via the nearby 170, 101, 5, and 405 Freeways. Residents also enjoy the benefits of the building's proximity to several national retailers, including Trader Joe's, Home Depot, Ralphs, Vallarta Supermarkets, and Walgreens, all within three miles of the property.
Map Location
Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap. Last updated 2026-10-08 08:10:57.000000. Listing information © 2025 CRMLS.
San Diego Office:
6904 Federal Blvd.
Lemon Grove, CA 91945
(619) 825-9560
Temecula/Murrieta Office:
29910 Murrieta Hot Springs Rd. Ste E
Murrieta, CA 92563
(951) 677-0083
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
Destiny Six Financial
Destiny Six Financial is a family-owned and operated, real estate and mortgage company. We have been serving Southern California for over 20+ years. At Destiny Six Financial, we strive to treat every client with the respect and personal service that you deserve. We understand the big commitment you are making in buying or selling a home, refinancing a mortgage, or cashing out your home equity, and we are here to make that journey an easy process for you.
Call us today at one of our convenient locations:
San Diego Office: 619.825.9560
Temecula/Murrieta Office: 951.677.0083
San Diego: 6904 Federal blvd. Lemon Grove ca. 91945
Temecula: 29910 Murrieta Hot Springs Rd. Ste E. Murrieta ca 92563
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
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