6944 Radford, North Hollywood, CA 91605
6944 Radford, North Hollywood, CA 91605
6944 Radford, North Hollywood, CA 91605
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$1,299,999
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9,003 Sqft Lot
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6944 Radford North Hollywood, CA 91605

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Robert Cedeno

Robert Cedeno

+1(626) 283-7800

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26162076

HOA Y/N No

Year Built 1949

Lot Size 9,003 Sqft

Property Sub-Type Quadruplex

Property Description

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 4 ADUs. Currently, there are a total of 4 units, each offering 1 bed and 1 bath. Each unit has an electrical and gas meter. Tenants are on a month-to-month lease. Per seller, there are two two-car garages, one rented at $500 a month, plus an extra monthly income for parking, tenants are not entitled to parking. With in-place rents below projected market levels, the asset offers immediate and long-term upside through rent growth, improved operations, and strategic repositioning. The property's most compelling value-add is in the zoning and the large corner lot, providing you a huge opportunity to construct an additional four ADUs or start building a new 14,400 Sqft. complex with 18 units and 36 bedrooms! Just minutes from the Bob Burbank Airport, Hollywood, Universal Studios, and 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 (TOC). Eligible projects receive expedited processing, clearances, and approvals through the ED 1 Ministerial Approval Process. Please check with LADBS for the approved 2026 ADU California laws.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Driveway, Garage Faces Side

Garage Spaces 4.0

Garage Description 4.0

Fence Wood, Wrought Iron

Pool None

Community Features Street Lights, Sidewalks, Valley

Roof Type Copper,Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2321014001

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Tony Diaz Smart Equity Realty Inc 747-201-4242, DRE #01742080

NEARBY SCHOOL & BUSINESS

Robert Cedeno
Robert Cedeno

CEO | License ID: 02031052

+1(626) 283-7800 | robertcedeno52@gmail.com

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6944 Radford