CA > North Hollywood
North Hollywood, CA 91605,6827 Radford Avenue
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North Hollywood, CA 91605,6827 Radford Avenue
North Hollywood, CA 91605,6827 Radford Avenue
North Hollywood, CA 91605,6827 Radford Avenue
North Hollywood, CA 91605,6827 Radford Avenue
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Don Pelletier

Don Pelletier

+1(858) 336-1114
$ 1,489,000
Est. payment /mo
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6827 Radford Avenue North Hollywood, CA 91605

4 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25040091

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction East of Laurel Canyon and North of Vanowen

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2321022022

MLS Router / San Diego MLS
Listed by Shira Dunn Keller Williams Luxury
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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6827 Radford Avenue

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