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$ 3,950,000
Est. payment /mo
New
4741 Radford Avenue Valley Village, CA 91607
11,303 SqFt
UPDATED:
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
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Listed by Kenny Stevens • Compass