6827 Radford Avenue

North Hollywood, CA 91605

$1,450,000
Price
6
Beds
7
Baths
4,031 Sq. Ft.
$360 / Sq. Ft.
4,031
Sq. Ft.
$360
per Sq. Ft.
a view of a house with wooden fence and floor
a view of a street with potted plants
a view of a car park in front of house
a view of a hallway with wooden walls and stairs
a view of a house with a yard and parking space
a view of a house with a flower garden
a view of porch with wooden floor and door
a view of a path with sitting area
a bed room with a bed and a window
a view of entryway
a view of balcony
a view of balcony with furniture
a car parked in front of a house
a car parked in front of a building
a view of a cars park in front of a house
a view of a street
a view of a street with cars

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,...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.
  1. Listed by Shira Dunn • DRE #02100807 • Brokerage DRE #01443822 • Keller Williams Coastal Properties • 424-653-0560

Property Details for 6827 Radford Avenue

Parking Spaces Total
7
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
4031
Assessor Parcel Number
2321-022-022
Property Attached YN
true
LISTING UPDATED: 12/19/2024 04:29 AM

Property Details for 6827 Radford Avenue

StatusActive
MLS #SR24217608
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
CountyLos Angeles County

Building Information for 6827 Radford Avenue

Building/Complex6827 Radford AveFloor-Stories2Residences-Pet Policy-Year Built1951Building Size-

Property Information for 6827 Radford Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $90,000
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $87,240
Expense Details
  • Operating Expense: $2,760
  • Gardener Expense: $1,200
  • Electric Expense: $4,000
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $3,400
  • Water Sewer Expense: $1,000
  • Total Expenses: $9,600
Tax / Assessment Info
  • Tax Tract Number: TR6024
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: FR20
Community / Development
Community / Development
  • Community Features: Biking, Dog Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,045
  • Unit Type Total Rent: $1,045
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,067
  • Unit Type Total Rent: $1,067
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,590
  • Unit Type Total Rent: $1,590
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $938
  • Unit Type Total Rent: $938
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,087
  • Unit Type Total Rent: $1,087
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 6827 Radford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6827 Radford Avenue

Taxable ValueLand$969,000Additions$357,000Total$1,326,000
Tax Record2024$16,879 ($1,407 / month)
Home Facts
Total Finished SqFt4,031 SqFtAbove Grade Finished SqFt4,031 SqFtLot Size7,882 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningLARD1.5CountyLOS ANGELESAPN2321-022-022

Schools near 6827 Radford Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Bellingham Elementary School
Public - K to 5
Roy Romer Middle School
Public - 6 to 8
North Hollywood Senior High School
Public - 9 to 12
ISANA Palmati Academy
Charter - K to 8
Rating
School
Distance
Bellingham Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

ISANA Palmati Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6827 Radford Avenue, North Hollywood, CA 91605

6827 Radford Avenue is a multi-family home for sale in North Hollywood, CA 91605. This property was listed for sale on October 20, 2024 by Keller Williams Coastal Properties, it's currently listed at $1,450,000. It has been on the market for a total of 70 days and was last sold on June 24, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Bellingham Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 6827 Radford Avenue is a 6-bed, 7-bath, 4,031 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Coastal Properties, Shira Dunn, DRE #02100807

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.