$1,299,000
Contingent
127 Days Online
0 Beds0 Baths0 SQFT
Pending

6827 Radford Avenue North Hollywood, CA 91605

View all 11 Photos
Static map
Map

Exceptional and rare Investment opportunity with this 7-unit building in North Hollywood, spanning 4,081 Sqft and situated on a 7,882 Sqft lot. Each unit in the building offers a 1 bedroom and 1 bathroom layout. The consistent unit configuration across the property ensures ease of management and appeals to a broad rental market. The LARD1.5 zoning enhances the propertys value, offering potential for future development. Its a unique blend of current stability and future growth prospects. Located in a vibrant neighborhood, this property benefits from its strong rental demand, making it an attractive investment choice. The current capitalization rate (cap rate) stands at 4.5%, indicating a healthy return on investment. Additionally, the potential for a pro forma cap rate of approximately 9.2% showcases the significant upside potential of this investment. This property is not just an asset, but a gateway to long-term financial growth and success in the real estate market. Its ideal for investors seeking a balanced combination of immediate income and potential for value appreciation.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site126 Days
  • MLS StatusContingent
  • MLS ID NumberSR24007393
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.1824 Acres
  • Full BathsN/A
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 6827 Radford Avenue North Hollywood, CA 91605

yesterday
4 months ago
4 months ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Terms Cash
  • Stories 2 Story

Interior Features

  • Cooling Wall/Window

Exterior Features

  • Pool N/K

Mortgage Calculator

Monthly Payment (Est.)

$6,928
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 6827 Radford Avenue North Hollywood, CA 91605