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6827 Radford Avenue

North Hollywood, CA 91605
  • $1,795,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: SR23148559
Price Reduced
UPDATED: 154 min ago
$1,795,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Shira Dunn of Compass (818-783-7721)


Description

Amazing opportunity, calling all investors, developers that are looking for their next opportunity! Priced to sell. 7 unit building in a great area that is still undervalued and expected to value more in the near future. Great tenants that pay on time every month! Plans submitted to add 2 additional units in the back (ADU). Property is cash-flowing, all units are rented out. Buy, add two more units and sell or keep! over 10% cap rate upside!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142315013
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6827 Radford Avenue North Hollywood, CA 91605

  • Price: $1,795,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 154 min ago
  • ID#: SR23148559
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1951
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
Amazing opportunity, calling all investors, developers that are looking for their next opportunity! Priced to sell. 7 unit building in a great area that is still undervalued and expected to value more in the near future. Great tenants that pay on time every month! Plans submitted to add 2 additional units in the back (ADU). Property is cash-flowing, all units are rented out. Buy, add two more units and sell or keep! over 10% cap rate upside!!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 7 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances DryerWasher Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features BikingDog Park Electric Expense 1200 Fuel Expense 960 Garage YN Yes Gross Income 90000 Gross Scheduled Income 90000 Insurance Expense 3500 Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 87240 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 2760 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 400 Water Sewer Expense 1000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Shira Dunn of Compass (818-783-7721)