6944 Radford,North Hollywood, CA 91605
North Hollywood, CA 91605
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.
Details
| MLS # | SR26162076 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 39 |
| Listing Provided By | Smart Equity Realty Inc | Tony Diaz |
Features
| SQ Feet | 2,420 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.21 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Tandem, All Bedrooms Down |
| Window Features | Double Pane Windows |
Exterior
| Roof | Copper, Shingle |
|---|---|
| Construction Materials | Stucco, Copper Plumbing |
| Lot Features | Two To Five Units Acre, Back Yard, Corner Lot |
| Fencing | Wood, Wrought Iron |
Parking
| Parking Features | Driveway, Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks, Valley |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91605 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91605) | |
Price: $1,299,999 low | high Med: $449,000 sqft: 2,420 low | high Med: 910 $ / sqft: $537 low | high Med: $493 On site: 39 low | high Med: 134 | |
Market Activity 91605
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91605 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91605) | |
Price: $1,299,999 low | high Med: $449,000 sqft: 2,420 low | high Med: 910 $ / sqft: $537 low | high Med: $493 On site: 39 low | high Med: 134 | |
