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Backup Offers

6827 Radford Ave, North Hollywood, CA, 91605

$1,299,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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6827 Radford Ave, Los Angeles$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUncovered
Garage9 spaces
Year Built1951
CoolingWall/Window Unit(s)
MLS #SR24007393
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 6827 Radford Ave

Exceptional and rare Investment opportunity with this 7-unit building in North Hollywood, spanning 4,081 Sqft and situated on a 7,882 Sqft lot. Each unit in the building offers a 1 bedroom and 1 bathroom layout. The consistent unit configuration across the property ensures ease of management and appeals to a broad rental market. The LARD1.5 zoning enhances the property’s value, offering potential for future development. It’s a unique blend of current stability and future growth prospects. Located in a vibrant neighborhood, this property benefits from its strong rental demand, making it an attractive investment choice. The current capitalization rate (cap rate) stands at 4.5%, indicating a healthy return on investment. Additionally, the potential for a pro forma cap rate of approximately 9.2% showcases the significant upside potential of this investment. This property is not just an asset, but a gateway to long-term financial growth and success in the real estate market. It’s ideal for investors seeking a balanced combination of immediate income and potential for value appreciation.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 406-7653
  • Listing Agent: Michael Chez

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 9 spaces
  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • North Hollywood Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Roy Romer Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Bellingham Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East of Laurel Canyon | North of Vanowen

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000

Tax Information:

  • Annual Amount: $4,622
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

6827 Radford Ave vs Los Angeles

110 DAYS ON ROCKET

+76 Days

$1,299,000

+$312.5K More

KEY TAKEAWAY

This property is $312.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24007393

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 406-7653
  • Listing Agent: Michael Chez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2021Home Sold
$1,200,000
Nov 12, 1993Home Sold
$37,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,622$314,026
2020$4,504$310,808
2019$4,388$304,714
2018$4,261$298,740
2017$4,261$292,884

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4769312
5
/10

  • Bellingham Elementary School

  • 6728 Bellingham Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-4769313
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.10 miles

  • Public Magnet Grades KG-6

school-card-donut-4769314
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 14.57 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4769315
4
/10

  • Roy Romer Middle School

  • 6501 Laurel Canyon Blvd

  • 0.50 miles

  • Public District Grades 6-8

school-card-donut-4769316
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.88 miles

  • Public District Grades 6-8

High School

school-card-donut-4769317
7
/10

  • North Hollywood Senior High School

  • 5231 Colfax Ave

  • 1.96 miles

  • Public Magnet Grades 9-12

school-card-donut-4769318
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 6.26 miles

  • Public Magnet Grades 9-12

school-card-donut-4769319
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 14.99 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,833. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6827 Radford Ave

What is the listing price of this property?

The listing price of 6827 Radford Ave property is $1,299,000.

What type of property is this?

The property 6827 Radford Ave is a condo located in North Hollywood, California, 91605.

Is this property for sale now?

Accepting Backup Offers: 6827 Radford Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 6827 Radford Ave are:
Bellingham Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Roy Romer Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
North Hollywood Senior High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,622 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2021 for $1,200,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 6827 Radford Ave is 1951.

Rocket Homes›California›Los Angeles County›Los Angeles›91605›6827 Radford Ave

This home is located at 6827 Radford Ave in North Hollywood, CA and zip code 91605 in the North Hollywood neighborhood. This home, which was built in 1951, sits on a 0.18 acre lot. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $1,299,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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