$1,450,000
For Sale

6827 Radford Avenue

North Hollywood, CA 91605
0.18 acres | #SR24217608
Listing OfficeKeller Williams Coastal Properties
Browse 9 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Lot DescriptionSixToTenUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,599,000
      • MLS #SR24217608
      • MLS #SR24217608
      • Property SubtypeApartment
      • Cost1450000
      • Acres0.1823
      • Utility SourcePublic
      • Year Built1951
      • Stories2
      • Parking Spaces4

Location

Gary HansenReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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