CA > North Hollywood
North Hollywood, CA 91605,6827 Radford Avenue
North Hollywood, CA 91605,6827 Radford Avenue
North Hollywood, CA 91605,6827 Radford Avenue
11
See all 11 photos
$1,489,000
Est. payment /mo
Save
4 Beds
4 Baths
7,941 Sqft Lot
Price Dropped by $10K

6827 Radford Avenue 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
Fri
23
May
Sat
24
May
Sun
25
May
Richard Combs

Richard Combs

+1(619) 838-9307

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

HOA Y/N No

Lot Size 7,941 Sqft

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.
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

Area North Hollywood (91605)

Zoning Public Rec

Building

Story 2

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,045

Listing Terms Cash, Conventional, Exchange

San Diego Regional MLS (SDMLS)
Listed by Shira Dunn • Keller Williams Luxury

GET MORE INFORMATION

agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Hunter & Maddox International Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

6827 Radford Avenue

QUICK SEARCH
There are 24 quick searches