We are proud to present 6228 Fulton Ave, a 30 unit multifamily property located in the Valley Glen neighborhood in the city of Van Nuys. The seller's grandfather built this property in 1985, and it has been passed down from generation to generation since. After nearly 40 years of ownership, the family is offering up this property for sale for the very rst time in its existence.Built in 1985, this property is not subject to Los Angeles Rent Control (RSO). It is only subject to California'sAB-1482rent control laws which limit annual rent increases to 5% + CPI. With CPI currently around 3%, AB-1482properties can currently receive a rent increase of about 8% this year.This34, 587square foot property has an even…
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