6944 Radford Avenue
North Hollywood, CA, 91605 $ 1,498,000
Bedrooms1 Baths1.0 Sq 2,420 Monthly Estimate*
$ 10,464
Listed by Smart Equity Realty Inc
for $1,498,000 with 1 bedroom and 1 full bath. This 2,420 square foot home was built in 1949 on a lot size of 0.2066.
If it says "ACTIVE" it is "ACTIVE." Attention investors, builders, and developers! Four-plex rare opportunity on a corner lot 9,000 Sqft. Zoning LARD3-1, with an incredible opportunity to build up to 18 units, or you can choose to build 2 ADUs, one in each two-car garage. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has a reserved parking space, and electric and gas meter. Buy it and start building a new 14,400 Sqft 3-story complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, and Universal Studios, the newly built NOHO West Shopping Plaza; is one of the area's latest developments where you can find the Regal movie theatre, Trader Joe’s, Starbucks, restaurants, boutiques, etc. Per Zimas.lacity.org, the property is an "Eligible Site ED 1" and may be applied to a shelter or 100% Affordable Housing Project on the site. Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process.
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FeaturesGeneralSewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasAvailable NaturalGasConnected
Roof Shingle
Zoning LAR3
Garage Spaces 4.0
Pool Features None
Construction Materials Stucco
Year Built 1949
Tenant Pays CableTV Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 47700.0
Community Features Sidewalks Valley
County Los Angeles
Net Operating Income 7273.0
Operating Expense 40427.0
Insurance Expense 1100.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency 1031 Exchange
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Laurel Cyn North right on Hart St.
City North Hollywood
View Y/N N
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 4
MLS Area NHO - North Hollywood
Lot Size Square Feet 9000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Radford
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 2400.0
Water Sewer Expense 1398.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 403
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 21
Property Sub Type Additional Quadruplex
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ExteriorFencing Wood WroughtIron
Parking Features Assigned Asphalt DoorSingle Driveway Garage GarageFacesSide
Lot Features CornerLot Level NearPublicTransit Walkstreet
Water Source Public
Total Parking 10.0
Lot Size Area 9000.0
Number of Buildings 1
Spa N
Building Area Total 2420.0
Lot Size Acres 0.2066
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features None
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features LaundryRoom
Electric On Property Y/N N
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* Excluded FeaturesList BySmart Equity Realty IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,464
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in North Hollywood, CA
Average List Price $2,979,180
Percent of Sale Price 99%
About North Hollywood, CA 158,455 Population
0% Since 2002
$ 0 Median Income
0 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/15/2024 | $1,498,000 | -0.07% | Price Down |
4/4/2024 | $1,499,000 | | Listed Price |