top of page

5740 Fulcher Ave, NoHo Arts

Opp. Zone NoHo Arts Five-Unit

OPPORTUNITY ZONE off-market easy to manage new construction 5-unit 5 minutes to the center of the NoHo Arts District. 5.42% PRO FORMA CAP RATE! Our team has secured massive rents for nearby NoHo new construction units. Features private patios, massive windows, sleek cabinetry and high ceilings. Plus it comes fully loaded with stainless steel kitchen appliances!

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$3,495,000

5-Unit

Off-Market

5

2024

5.42%

14.07

$248,400/Year (Pro Forma)

7,564 sqft

7,001 sqft

$462.06

$699,000

1x 5b/5b, 1x 4b/4.5b, 1x 3b/3.5b, 2x 3b/3b

Yes

4 Garage Spaces, 4 Exterior Spaces

Opportunity Zone, Luxury 5-Unit

The Highlights

  • Projected cap rate of 5.42%!

  • Opportunity zone! Major tax benefits (consult a CPA).

  • Ideal unit mix of 5, 4, and 3  bedroom units. 

  • Highly rentable NoHo Arts District location!

  • Massive units with premium open floorplans.

  • High end, modern finishes.

  • Tenants pay all utilities (separate meters for gas and electric, 6 submeters for water)

  • Ultra-low price per door of $699,00.

  • Units boast upscale  finishes, including marble counter tops, designer tiles, modern glossy cabinets, and natural wood waterproof vinyl.

  • Countless balconies and massive windows throughout, making for light, bright units.

The Neighborhood

<15-Minute Walk

Coffee for Breakfast, In-N-Out, Mofongos, India's Clay Pit, Tiara Street Park, United Children's Learning Academy, New Horizons Charter Academy, Los Burritos, NoHo MMA, "The Room" Live Escape Room

<15-Minute Drive

NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing

<$15 Uber Ride

NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing

topography bg_myunits.png

Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

bottom of page