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6827 Radford Avenue

North Hollywood, CA 91605

– beds
– baths
– sqft
7,941 sqft lot
1951 build
– on site

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. 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 all units occupied and a path to achieving over a 10% cap rate, this investment offers immediate returns and significant upside.

Listed By CRMLS_CA / Shira Dunn / Keller Williams Coastal Properties / 424-653-0560

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# SR24217608 —

The Building

Year Built:

1951
Year Built Source:

Public Records
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

4031.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

7
Stories Total:

2
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Entry Location:

1
Laundry:

Dryer Included, Washer Included
Laundry:

1

Location

Directions:

East of Laurel Canyon and North of Vanowen
Latitude:

34.19484600
Longitude:

-118.39246800

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Lot Features:

6-10 Units/Acre
Lot Size Area:

7941.0000
Lot Size Acres:

0.1823
Lot Size SqFt:

7941.00
Lot Size Source:

Public Records
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

TR6024
Tax Lot:

FR20

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2321022022

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Biking, Dog Park
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

7.00
Garage Spaces:

4.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
10/20/24 Oct 20, 2024	Listed / Active	CRMLS_CA	$1,599,000
1/28/24 Jan 28, 2024	Sold Subject To Contingencies	CRMLS_CA
1/12/24 Jan 12, 2024	Listed / Active	CRMLS_CA

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This multifamily located in North Hollywood, Los Angeles, CA 91605 is currently for sale for $1,599,000. 6827 Radford Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 16 days. 6827 Radford Avenue is in the North Hollywood neighborhood of Los Angeles and has a WalkScore® of 75, making it very walkable.

Listing Courtesy of: CRMLS_CA and Keller Williams Coastal Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 05.

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 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, 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.