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$1,450,000
64 Days On Site

6827 Radford Avenue
North Hollywood, CA 91605

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
4,031
SqFt
$360
/SqFt
1951
Built
County:
Los Angeles
Listed by Shira Dunn of Keller Williams Coastal Properties [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

6827 Radford Avenue6827 Radford Avenue6827 Radford Avenue6827 Radford Avenue
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Whether you choose to build the ADUs and sell for a profit or retain the property for long-term income, the potential is substantial. With 6 units occupied and 1 vacant, a path to achieving a 5.6% gross rate, this investment offers immediate returns and significant upside. Presenting a rare opportunity to acquire a well-maintained 7-unit, 2 story residential building in the heart of North Hollywood. This 4,081 sq. ft. property is situated on a 7,882 sq. ft. lot, with each unit featuring a 1-bedroom, 1-bathroom layout. The uniform floor plans offer operational efficiency and broad appeal to a diverse tenant base, ensuring ease of management. Zoned LARD1.5, this property provides exciting development potential, making it an ideal blend of immediate cash flow and long-term growth prospects. Units are leased with dependable tenants, providing steady cash flow and peace of mind. Plans have been submitted to add two Additional Dwelling Units (ADUs) at the rear, presenting a compelling value-add opportunity.

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Listing Snapshot
Price 
$1,450,000
Days On Site 
64 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,031 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1823 Acres
Year Built 
1951
MLS® Number 
SR24217608
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $1,450,000
a week agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.1823
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
7
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4031
Water Source 
Public
Interior Features
Appliances 
DryerWasher
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
NHO - North Hollywood


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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