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    7415 Fulton Ave

    North Hollywood, CA 91605
    • $6,500,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: SR20153305
    UPDATED: 28 min ago
    $6,500,000
    • 0
      BEDS
    • 0.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,728
      SQFT
    • $274
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    7415-7419 Fulton Avenue consists of a +-23,728 SF single-tenant building, located in the heart of North Hollywood, California's Industrial District. The property has +-35,384 SF of LAM2 zoned land, a large parking lot, high ceilings, and is currently leased, with slightly above market rents, to Fastener Technology Corporation, a 40-year established engineering firm that produces aviation fasteners for many of the most elite aerospace manufacturers in the industry.Comparable properties in the market sold between $220 - $280 per square foot, with an average of $242 per square foot. Most of the reported sales were purchased by owner-users, but two properties were sold as investments with cap rates between 4.5% and 5.5%. With its desirable central location, and slightly above market lease with a long-term occupant, illi Commercial Real Estate is pleased to present 7415-7419 Fulton Avenue at $6,500,000, representing a 5.1% cap rate and $274 per building square foot.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-25T12:28:57.21. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/108440380
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    7415 Fulton Ave North Hollywood, CA 91605

    • Price: $6,500,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: SR20153305
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.54
    Acres
    23,728
    SQFT
    $274
    $/SQFT
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    7415-7419 Fulton Avenue consists of a +-23,728 SF single-tenant building, located in the heart of North Hollywood, California's Industrial District. The property has +-35,384 SF of LAM2 zoned land, a large parking lot, high ceilings, and is currently leased, with slightly above market rents, to Fastener Technology Corporation, a 40-year established engineering firm that produces aviation fasteners for many of the most elite aerospace manufacturers in the industry.Comparable properties in the market sold between $220 - $280 per square foot, with an average of $242 per square foot. Most of the reported sales were purchased by owner-users, but two properties were sold as investments with cap rates between 4.5% and 5.5%. With its desirable central location, and slightly above market lease with a long-term occupant, illi Commercial Real Estate is pleased to present 7415-7419 Fulton Avenue at $6,500,000, representing a 5.1% cap rate and $274 per building square foot.
    Exterior Features

    Lot Features Near Public Transit Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Industrial Special Listing Conditions Standard Water Source Other

    Listing provided courtesy of Todd Nathanson of illi Commercial Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-25T12:28:57.21. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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    3200 E Guasti Rd. Suite 100
    Ontario CA, 91761