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6944 Radford , North Hollywood, CA 91605
$1,299,999
Est. Payment: $6,541.39/mo
4 Bed
4 Bath
0 Sqft
Status: active | Days on site: 12
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Chris Heller
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House 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 propertys 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 Joes, 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.
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Highlights

Listed by Tony Diaz , 747-201-4242 Smart Equity Realty Inc , 818-867-9233. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.21

County

Los Angeles

Listing ID

SR26162076

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Central Forced Air
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$6,541
Taxes
$829

Home Price

$1,299,999

Loan Details

30 yrs
6.453%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,541.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,541.39 $828.75 $0.00 $7,370.14
Yearly $78,496.67 $9,944.99 $0.00 $88,441.67
Total $2,354,900.20 $298,349.77 $0.00 $2,653,249.97

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (North Hollywood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-08T22:20:38.000Z

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