6944 Radford Avenue

North Hollywood, CA 91605

$1,498,000
Price
4
Beds
3
Baths
2,420 Sq. Ft.
$619 / Sq. Ft.
2,420
Sq. Ft.
$619
per Sq. Ft.

Description

If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms!...If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site. Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process.
  1. Listed by Tony Diaz • DRE #01742080 • Brokerage DRE #01897540 • Smart Equity Realty Inc • 818-826-9938

Property Details for 6944 Radford Avenue

Parking Spaces Total
10
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2420
Assessor Parcel Number
2321-014-001
LISTING UPDATED: 09/10/2024 08:17 AM

Property Details for 6944 Radford Avenue

StatusActive
MLS #SR23049997
Days on Market633
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.21 AC / 9,000 SF
CountyLos Angeles County

Building Information for 6944 Radford Avenue

Stories1Residences-Year Built1949Building Size-Lot Size0.21 AC / 9,000 SF

Property Information for 6944 Radford Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $47,700
  • Gross Scheduled Income: $47,700
  • Vacancy Allowance Rate: 1
  • Net Operating Income: $7,273
Expense Details
  • Operating Expense: $40,427
  • Insurance Expense: $1,100
  • Trash Expense: $2,400
  • Water Sewer Expense: $1,398
  • Total Expenses: $4,898
Tax / Assessment Info
  • Tax Tract Number: 6024
  • Tax Census Tract: 1232.03
  • CFD/Mello-Roos Fee: $471
  • Tax Lot: 21
Community / Development
Community / Development
  • Community Features: Sidewalks, Valley
Property / Structure Info
Interior Features
  • Room Type: Formal Entry
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Fence: Yes
  • Fence: Wood, Wrought Iron
  • Fencing: Wood, Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Corner Lot, Lot 6500-9999, Level, Near Public Transit, Walkstreet
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Electric: Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Driveway, Garage, Garage - 1 Car
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Driveway, Asphalt, Garage, Garage Faces Side, Garage - Single Door
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: Yes
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,006
  • 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: Yes
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $965
  • 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: Yes
  • Unit Type Actual Rent: $976
  • Unit Type Total Rent: $976
  • 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: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,028
  • Unit Type Total Rent: $1,028
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 6944 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 6944 Radford Avenue

Taxable ValueLand$189,365Additions$61,938Total$251,303
Tax Record2024$3,493 ($291 / month)
Home Facts
Total Finished SqFt2,420 SqFtAbove Grade Finished SqFt2,420 SqFtLot Size9,000 SqFtStyleQuadraplexYear Built1949ZoningLAR3CountyLOS ANGELESAPN2321-014-001

Schools near 6944 Radford Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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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6944 Radford Avenue is a multi-family home for sale in North Hollywood, CA 91605. This property was listed for sale on March 27, 2023 by Smart Equity Realty Inc, it's currently listed at $1,498,000. It has been on the market for a total of 633 days and was last sold on June 23, 1995. 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. 6944 Radford Avenue is a 4-bed, 3-bath, 2,420 sqft multi-family home built in 1949.

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 Smart Equity Realty Inc, Tony Diaz, DRE #01742080

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.