4741 Radford Avenue new

Valley Village,CA 91607

$ 3950000

- Bed

0 Bath

11303 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,303 sqft

Price per Sqft $349

MLS Listing ID CL25536397

HOA Y/N No

Year Built 1988

Lot Size 7,223 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

Located south of Riverside Dr, 4741 Radford is a clean, professionally managed 9-unit complex that checks all the boxes. Built in 1988 and exempt from L.A.'s rent control (RSO), the property offers investors a rare blend of stability, income, and fewer property management headaches; especially when compared to older inventory. Comprised entirely of large 2-bdrm, 2-bath units (approx. 1,100+ SF avg), many interiors have been thoughtfully upgraded with modern finishes: hardwood laminate flooring, updated kitchens with stainless steel appliances, washer/dryer in-unit, and private balconies. Additional amenities include gated parking, secure access, and multiple EV charging stations. Offered at $349/SF, the building generates a 5.52% CAP on actual income, providing immediate returns with minimal repositioning required. The 1988 construction also means fewer capital expenditure surprises and more reliable systems than vintage alternatives. Tenants are drawn to its central Valley Village location, just 1.5 miles from Ventura Blvd (Silver Triangle neighborhood of Studio City) and the NoHo Arts district, putting a wide selection of restaurants, coffee shops, gyms, boutiques, and film studios at their fingertips. Quick access to the 101, 134, and 170 Freeways also makes it ideal for commu

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Flooring Tile

Fireplace No

Appliance Dryer

Laundry Dryer,Washer

Building

New Construction No

Others

Tax ID 2355014039

View More
Favorite Go Tour