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4741 Radford Ave Valley Village, CA 91607
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Key Details
Sold Price $3,926,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,303 sqft
Price per Sqft $347
MLS Listing ID 25536397
Style Modern
Bedrooms 18
Year Built 1988
Lot Size 7,223 Sqft
Property Sub-Type Multi-Family
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 commuting professionals working in the studio and entertainment industries. 4741 Radford is the kind of asset that rarely trades in Valley Village; a durable, cash-flowing performer with the right fundamentals to grow in both value and income over time.
Location
State CA
County Los Angeles
Area Valley Village
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Wood Laminate, Tile
Fireplaces Type Living Room
Equipment Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Parking Features Controlled Entrance, Subterr Tandem
Garage Spaces 18.0
View Y/N Yes
View Any
Building
Story 3
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Berkshire Hathaway HomeServices California Propert
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