6827 Radford Avenue
North Hollywood, CA, 91605
$1,350,000
Beds
0 Baths
SqFt
0.18 Acres
Add
Back on the market, canceled at no fault to seller! Rare opportunity! Whether you choose to build the ADU’s and sell for a profit or retain the property for long-term income, the potential is substantial. With 6 units occupied and 1 vacant, and 3 units completely and newly remodeled, 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

Price:
$1,350,000
MLS #:
SR25040091
Status:
Active
Baths:
0
Address:
6827 Radford Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Feb 22, 2025
State:
CA
ZIP:
91605
Lot Size:
7,941 sqft / 0.18 acres (approx)
Year Built:
1951
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6827 Radford Avenue
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