6836 Radford Ave - Apartments FOR SALE


North Hollywood, CA 91605
$3,225,000 USD
818-309-3935
6836 Radford Ave, North Hollywood, CA for Sale
$3,225,000 USD
Apartments - FOR SALE
1/3
null | 5.07% Cap Rate

6836 Radford Ave
North Hollywood, CA 91605


HIGHLIGHTS

  • $204,562/unit with One, Two & Three Bedroom Units
  • Approx. 30% Rental Upside
  • Opportunity to increase NOI by effective management

OVERVIEW

Just reduced $50,000! Motivated Seller. This 16-unit apartment building in North Hollywood comprises a unit mix of 1, 2, and 3-bedroom units with an average size of 778 square feet. Built in 1964, this property is separately metered for gas and electricity. Amenities include a secured entrance, secured tuck-under parking and a laundry room. Located in close proximity to the Metro, the 170 freeway, and Bob Hope Airport, the property is conveniently located to public transportation . There is approximately 30% rental upside, offering a great opportunity to buy a value-add building from a long-term owner.

FOR SALE DETAILS

PRICE

$3,225,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

16

PRICE/UNIT

$201,563

CAP RATE

5.07%

% 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

2

YEAR BUILT

1964

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,834 SF

ZONING

RD1.5

APN/PARCEL ID

2321-021-011

ASK ABOUT THIS PROPERTY

Henry GarciaLA Apartment GroupMore Info
818-309-3935

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Henry GarciaLA Apartment GroupMore Info
818-309-3935

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