4741 Radford Avenue

Listing provided courtesy of: Compass

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.

• Features:

  Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer Central Air Living Room Tile Ceiling Fan(s) Security Gate, Key Card Entry

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