5409 Radford Ave - Apartments FOR SALE


Valley Village, CA 91607
$2,900,000 USD
323-405-2310
5409 Radford Ave, Valley Village, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/9
null | 5.58% Cap Rate

5409 Radford Ave
Valley Village, CA 91607


OVERVIEW

Fred Leeds Asset Group, as the exclusive listing agent is pleased to present the opportunity to acquire 5409 Radford Avenue, a 13-unit multifamily investment opportunity located in Valley Village. The property currently features 14,162 square feet of gross rentable area, situated on a 10,166-square foot lot. The 13-unit building is composed of 5 two-bedroom/two-bathroom units and 8 one-bedroom/one-bathroom units. The building is wellmaintained and offers gated parking and onsite laundry for tenants. The property is nestled in the heart of the Valley, offering an alluring destination renowned for its residential allure, diverse community, and prime access to a plethora of amenities. With its central location offering easy commute routes via major freeways and adjacency to vibrant neighborhoods like North Hollywood and Studio City, Valley Village provides residents with an extensive array of shopping, dining, and entertainment options. From its proximity to the Noho Arts District to its abundance of recreational spaces, esteemed education, and steady property appreciation, Valley Village stands as an ideal locale for those seeking a harmonious blend of suburban tranquility, urban convenience, and investment potential. Due to the property’s premier location, 5409 Radford Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in the heart of the San Fernando Valley.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

13

PRICE/UNIT

$223,077

CAP RATE

5.58%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Radford Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

LARD1.5

APN/PARCEL ID

2348-011-009

ASK ABOUT THIS PROPERTY

Adam EstrinFred Leeds PropertiesMore Info
323-405-2310

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Adam EstrinFred Leeds PropertiesMore Info
323-405-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.