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Listing Details

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School Ratings & Info

Description

Apollo Investment Group of Keller Williams Realty World Media Center is please to exclusively present this prime investment multi-unit apartment located at 6824 Radford Ave., North Hollywood, CA 91605.Built in 2005, the property features five, 3 bedroom, 2 bathroom units, at approximately 894 SF each, totaling 4,474 SF total on a lot of approximately 7,796 SF. Each unit comes with 2 designated parking spaces in the gated underground garage, new appliances and washer/dryer hookups. The building also features an elevator. The subject property with great street frontage offers a rare opportunity for any investor to take advantage of all the site has to offer: dense demographics and proximity to the 170 freeway and retail amenities.The property is located mid block on Radford Ave, North of Vanowen St and East of Laurel Canyon Blvd. Four of the units underwent a complete remodel in 2020 and 2021 and Units #1 and #5 are being kept vacant for the prospective buyer to place tenants into. The City of North Hollywood is located in the San Fernando Valley, in the Northeastern portion of Los Angeles County. The apartment building is located near the NoHo Arts District complete with shops, restaurants, movie theaters and cafes.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/118443933
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6824 Radford Avenue North Hollywood, CA 91605

  • Price: $2,295,000
  • Status: Active
  • Updated: 67 min ago
  • ID#: SR21131909
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2005
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
Apollo Investment Group of Keller Williams Realty World Media Center is please to exclusively present this prime investment multi-unit apartment located at 6824 Radford Ave., North Hollywood, CA 91605.Built in 2005, the property features five, 3 bedroom, 2 bathroom units, at approximately 894 SF each, totaling 4,474 SF total on a lot of approximately 7,796 SF. Each unit comes with 2 designated parking spaces in the gated underground garage, new appliances and washer/dryer hookups. The building also features an elevator. The subject property with great street frontage offers a rare opportunity for any investor to take advantage of all the site has to offer: dense demographics and proximity to the 170 freeway and retail amenities.The property is located mid block on Radford Ave, North of Vanowen St and East of Laurel Canyon Blvd. Four of the units underwent a complete remodel in 2020 and 2021 and Units #1 and #5 are being kept vacant for the prospective buyer to place tenants into. The City of North Hollywood is located in the San Fernando Valley, in the Northeastern portion of Los Angeles County. The apartment building is located near the NoHo Arts District complete with shops, restaurants, movie theaters and cafes.
Exterior Features

Number Of Separate Electric Meters 5 Parking Features Garage Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street Lights Electric Expense 13956 Fuel Expense 0 Garage YN Yes Gross Income 141000 Gross Scheduled Income 141000 Insurance Expense 5000 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Maintenance Expense 5640 Net Operating Income 77851 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 0 Operating Expense 58919 Rent Control YN No Senior Community YN No Sewer Sewer Assessment(S) Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard1.5

Listing provided courtesy of Gabriyel Mamikonyan of Keller Williams World Media Center


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
341 Bayside Drive
Newport Beach CA, 92660