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5611 Fulcher Ave, North Hollywood, CA, 91601

$4,600,000

23 Bedrooms
21 Baths
12,598 SqFt
$365/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingNone
Year Built1964
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #23340791
Lot Size0.32 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5611 Fulcher Ave

We are pleased to present 5611 Fulcher Avenue, a 21-unit multifamily investment opportunity in prime North Hollywood Arts District. This rare investment opportunity is a well-maintained high cash flow asset with strong upside potential located in one of LA's strongest rental markets. The building is comprised of 21 units with a mix of (3) Studios, (16) 1 Bed, 1 Bath, and (2) 2 Bed, 1 Bath units. Two of the studios are brand new ADUs included and leased up. Several of the units have been renovated in the past 5 years with hardwood floors, new cabinetry, updated bathrooms, stainless steel appliances. Several of the units have RUBS implemented (up to $975 billed back per month with current leases). 5611 Fulcher Avenue is ideally located in the high demand submarket of North Hollywood, which boasts a high-end young adult demographic, dense immediate population, high barriers to entry, and strong market fundamentals yielding an investor/developer landlord favored market conditions with significant growth potential. Centrally located nearby NoHo Arts District and the Metro Red Line Station, and conveniently positioned in the center of a broad range of employment and retail options, 5611 Fulcher Avenue is surrounded by affluent high-end neighborhoods, boutique bars / restaurants, and numerous high profile office towers and mixed use developments.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 12,598 SqFt

Listing Office:

  • Office Name: Rosano Partners
  • Office Phone: (213) 802-0305
  • Listing Agent: Brandon Evans

Interior Features

Interior Information:

  • Appliances: Gas Oven, Range, Refrigerator, Range Hood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 23

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • East Valley Senior High School, Public District Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Walter Reed Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Lankershim Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Fulcher Ave and Burbank Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,600,000
  • Price Per SqFt: $365/SqFt

Tax Information:

  • Annual Amount: $28,160
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

5611 Fulcher Ave vs Los Angeles

131 DAYS ON ROCKET

+97 Days

$4,600,000

+$3.6M More

$365/SqFt

-$263 Less

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price and $263/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23340791

Listing Office:

  • Office Name: Rosano Partners
  • Office Phone: (213) 802-0305
  • Listing Agent: Brandon Evans

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2013Home Sold
$1,970,000
Apr 21, 2008Home Sold
$2,025,000
Jan 02, 2007Home Sold
$1,560,000
Jul 28, 1997Home Sold
$171,500

Tax History

YEARPROP. TAXASSESSMENT
2021$28,160$2,241,162
2020$27,347$2,218,182
2019$27,055$2,174,689
2018$26,444$2,132,049
2017$26,444$2,090,246

History based on county public records data.

Payment Calculator

$23K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3169056
4
/10

  • Lankershim Elementary School

  • 5250 Bakman Ave

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-3169057
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.31 miles

  • Public Magnet Grades KG-6

school-card-donut-3169058
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 15.66 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3169059
6
/10

  • Walter Reed Middle School

  • 4525 Irvine Ave

  • 1.58 miles

  • Public District Grades 6-8

school-card-donut-3169060
4
/10

  • Studio

  • 2211 W Avenue 30

  • 9.13 miles

  • Public District Grades 6-8

High School

school-card-donut-3169061
1
/10

  • East Valley Senior High School

  • 5525 Vineland Ave

  • 0.19 miles

  • Public District Grades 9-12

school-card-donut-3169062
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 7.46 miles

  • Public Magnet Grades 9-12

school-card-donut-3169063
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 13.13 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,611. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5611 Fulcher Ave

What is the listing price of this property?

The listing price of 5611 Fulcher Ave property is $4,600,000.

What type of property is this?

The property 5611 Fulcher Ave is a house located in North Hollywood, California, 91601.

Is this property for sale now?

Accepting Backup Offers: 5611 Fulcher Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5611 Fulcher Ave are:
Lankershim Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Walter Reed Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
East Valley Senior High School: GreatSchools Rating 1/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $28,160 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 15, 2013 for $1,970,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5611 Fulcher Ave has 23 bedrooms and 21 bathrooms.

What is the square footage of this property?

The property 5611 Fulcher Ave is 12,598 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5611 Fulcher Ave is 1964.
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Rocket Homes›California›Los Angeles County›Los Angeles›91601›5611 Fulcher Ave

This home is located at 5611 Fulcher Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. This 12,598 square foot home, which was built in 1964, sits on a 0.32 acre lot. Features: 23 bedrooms, 21 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $4,600,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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