5614 Fulcher Ave, North Hollywood, CA 91601 - View 1
5614 Fulcher Ave, North Hollywood, CA 91601 - View 2
5614 Fulcher Ave, North Hollywood, CA 91601 - View 3

5614 Fulcher Ave, North Hollywood, CA 91601

List Price: $2,295,000On Market FlagOn market
Dec 10, 20241,151 sqft3 beds1 baths
Listed by: Reza Ghobadi
License #: 01780045
Phone #: 818-325-4142
Reza Ghobadi
Source:
CRMLS Logo
MLS #: SR24247256

Property Description

Redevelopment opportunity in North Hollywood, California. This project features two stories of on-grade parking (Type I-A) and five residential stories (Type III-A). Located in an Opportunity Zone, the project is approved for 36 apartment units with an excellent mix of 20 two-bedroom/two-bath units and 16 one-bedroom/one-bath units, along with 27 parking stalls. The project will be delivered RTI (Ready to Issue) prior to the close of escrow. • 36-Unit Redevelopment in North Hollywood • Will be delivered RTI (Ready to Issue) • Type III-A (Apartments) & Type I-A (Parking Garage) • 27 Parking Stalls • Opportunity Zone • 20 two-bedroom units and 16 one-bedroom units • Net Rentable: 27,731 square feet • Total Building Envelope: 34,317 square feet • Located just north of Burbank Blvd. and west of Vineland Ave. • Easy access to the 170, 101 and 134 Freeways as well as Interstate 5
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$5,607

TurboHome Estimated Value

$960,600

$835 sqft

High Valuation
$1,008,630
$876/sqft
Normal Valuation
$960,600
$835/sqft
Low Valuation
$912,570
$793/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$835/sqft$960,600

Neighborhood: North Hollywood

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Comparative Value

$825K

$950K

$2.29M

11105 Emelita St, North Hollywood, CA 91601

Sale Price: $825,000

Selected Comparable

5639 Satsuma Ave, North Hollywood, CA 91601

Sale Price: $828,000

Selected Comparable

5736 Denny Ave, North Hollywood, CA 91601

Sale Price: $850,000

Selected Comparable

5855 Riverton Ave, North Hollywood, CA 91601

Sale Price: $950,000

Selected Comparable

11223 Tiara St, North Hollywood, CA 91601

Sale Price: $980,000

Selected Comparable

5614 Fulcher Ave, North Hollywood, CA 91601

List Price: $2,295,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5614 Fulcher Ave, North Hollywood, CA 91601

5614 Fulcher Ave, North Hollywood, CA 91601

List: $2,295,000

Listed: 12/10/2024

Area:1,151 sqft
Price/sqft:$1,994
Beds:3
Baths:1
Year Built:
Lot Size:9,231

Comparable Properties

COMPARABLE
Choose comps
11223 Tiara St, North Hollywood, CA 91601

11223 Tiara St, North Hollywood, CA 91601

Sale: $980,000

4/2/20250.45 mi

Area:1,326 sqft
Price/sqft:$739
Beds:3
Baths:2
Year Built:
Weight:21.0%
5855 Riverton Ave, North Hollywood, CA 91601

5855 Riverton Ave, North Hollywood, CA 91601

Sale: $950,000

4/4/20250.49 mi

Area:1,057 sqft
Price/sqft:$899
Beds:2
Baths:1
Year Built:
Weight:20.7%
5736 Denny Ave, North Hollywood, CA 91601

5736 Denny Ave, North Hollywood, CA 91601

Sale: $850,000

7/2/20250.50 mi

Area:1,469 sqft
Price/sqft:$579
Beds:3
Baths:2
Year Built:
Weight:20.2%
11105 Emelita St, North Hollywood, CA 91601

11105 Emelita St, North Hollywood, CA 91601

Sale: $825,000

12/18/20240.30 mi

Area:1,404 sqft
Price/sqft:$588
Beds:3
Baths:2
Year Built:
Weight:19.4%
5639 Satsuma Ave, North Hollywood, CA 91601

5639 Satsuma Ave, North Hollywood, CA 91601

Sale: $828,000

1/30/20250.31 mi

Area:1,114 sqft
Price/sqft:$743
Beds:2
Baths:2
Year Built:
Weight:18.6%

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