CA > North Hollywood
North Hollywood, CA 91605,6827 Radford AVE
North Hollywood, CA 91605,6827 Radford AVE
North Hollywood, CA 91605,6827 Radford AVE
17
See all 17 photos
$1,599,000
Est. payment /mo
Save
7,940 Sqft Lot
Active

6827 Radford AVE North Hollywood, CA 91605

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

10/29/2024 03:52 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24217608

HOA Y/N No

Year Built 1951

Lot Size 7,940 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Dog Park

Total Parking Spaces 7

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2321022022

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Shira Dunn • Keller Williams Coastal Properties • 424-653-0560

GET MORE INFORMATION

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

Full Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

6827 Radford AVE

QUICK SEARCH
There are 18 quick searches