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$1,100,000   Price Analysis
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5657 Fulton Ave
Van Nuys, CA 91401
3 bed 3 bath 1,613 SqFt ($681/SqFt)
7,199SqFt lot. Built 1949
Listed 2024-05-29, Taxes $10,375
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

What a perfect investment opportunity!

Live in the min house and enjoy the rental income from the ADU. This charming main house features a single-story layout, a permitted ADU and a bonus exterior recreation room. MAIN HOUSE features 3 bedrooms, 2 baths and 1, 278 sq ft of light-filled living space on a open lot in the Valley Glen pocket. Inside, pretty floors are installed throughout, accentuating the large living room and dining room, creating an ideal flow for entertaining. The kitchen is spacious and features granite countertops. Adjacent to the kitchen is the laundry room, which includes extra cabinets. The master bedroom is ample in size, with a large closet and an en-suite bathroom. All the bedrooms are large and bright, filled with natural light. Additionally, there is a PERMITTED ADU with its own address at 5659 Fulton and a separate bonus room in the rear, currently leased together for $1, 850 per month until the end of January 2025.

The charming studio boasts an updated bathroom and spans 335 sq ft of light-filled living space. Attractive flooring throughout enhances the open feel of the spacious living area, providing a seamless layout for entertaining. A BONUS rec-room offers extra space for storage or activities. A single parking space is available in the alley by the side gate, while covered parking is available in the rear for the main house for cars. Occupants can also obtain permits for street parking for themselves and their guests. The backyard is perfect for entertaining, featuring a BBQ grill and fruit trees. The property is secure and gated, equipped with central air and heating and features solar panels that are owned and paid off, providing significant savings. Additional upgrades include a new roof installed in 2023, updated electrical, sewer line improvements, partial copper plumbing, a brand-new water heater for the main house and an EV charger. The property operates on one set of gas, water and electricity meters. Conveniently situated near LA Valley College, NoHo West Mall and various amenities, with easy access to the 170 and 101 freeways, this is the home you've been waiting for!


Presented by Elvin Apelian at
Equity Union.
Listing Agent Photo

Property MLS #BB24098302 from CRMLS

Bedrooms: 3
Bedrooms On Main Level: 3

Total Bathrooms: 3
3/4 Bathrooms: 3
Bathrooms On Main Level: 2

Copper Plumbing Partial
Granite Counters
Open Floorplan
Recessed Lighting

Kitchen Appliances: Dishwasher, Gas Range, Refrigerator
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup

Family Room, Kitchen, Laundry, Living Room

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Breakfast Room Description: Dining Room, In Kitchen
Kitchen Features: Granite Counters

Carport Spaces: 2
Garage Spaces: 2
Garage Description: Detached
Parking Features: Parking Features: Auto Driveway Gate, Detached Carport, Permit Required, Street
Parking Total: 4

Other Structures: Shed(s), Two On A Lot
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Covered, Patio, Front Porch

Lot Description: Front Yard, Garden, Yard
Lot Size Acres: 0.1652663
Lot Size Source: Assessor
Lot Size Square Feet: 7199

School District: Los Angeles Unified

Ulysses S. Grant Senior High School is a public high school located approximately 0.5 miles away.
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Erwin Elementary School is a public elementary school located approximately 0.6 miles away.
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Louis D. Armstrong Middle School is a public middle school located approximately 0.8 miles away.
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Bridgeport is a private elementary, middle and high school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: Cross Streets: Burbank
Source Property Type: Residential
Inclusions: Stove and dishwasher in the main house, and fridge and electric cooktop in the ADU.
Area: VN - Van Nuys
Source Neighborhood: VN - Van Nuys
Parcel Number: 2343019003
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$128,417 + $735,824
$864,241
$10,375
2021$79,353 + $721,397
$800,750
$9,666
2020$78,540 + $714,000
$792,540
$9,764
2019$77,000 + $700,000
$777,000
$9,376
2018$65,525 + $279,705
$345,230
$7,234
2017$64,241 + $274,221
$338,462
$7,139
2016$62,982 + $268,845
$331,827
$7,037
2015$62,036 + $264,807
$326,843
$3,957
2014$60,821 + $259,620
$320,441
$3,976
2013$60,547 + $258,447
$318,994
$3,976
2012$59,360 + $253,380
$312,740
$4,027
2010$58,197 + $248,412
$306,609
$3,940
2009$57,901 + $247,142
$305,043
$3,797
2009$57,763 + $246,556
$304,319
$3,797
2008$56,766 + $242,297
$299,063
$3,634
2007$55,653 + $237,547
$293,200
$3,511

Price Changed 2024-07-24
$1,100,000
CRMLS
Price Changed 2024-07-05
$1,135,000
CRMLS
Listed 2024-05-29
$1,170,000
CRMLS
Listing removed 2023-10-02
$3,600
CRMLS
Price Changed for rent 2023-09-19
$3,600
CRMLS
Price Changed for rent 2023-08-22
$3,900
CRMLS
Listed for rent 2023-08-08
$4,500
CRMLS
Listing removed 2018-10-19
$619,000
CRISNET
Sold 2018-07-16
$585,000
Public Record
Sold 1988-09-14
$180,000
Public Record
Sold 1984-02-14
$109,500
Public Record

Total Square Feet Living: 1613
Year Built: 1949
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 75
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
House Style: Traditional
Year Built Source: Assessor

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.