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$ 8,950,000
Est. payment | /mo
51 Beds
36 Baths
31,369 SqFt
$ 8,950,000
Est. payment | /mo
51 Beds
36 Baths
31,369 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 31,369 sqft
Price per Sqft $285
MLS Listing ID 25573857
Bedrooms 51
HOA Y/N No
Lot Size 1.303 Acres
Property Description
Discover an exceptional investment opportunity in the heart of Valley Village, CA, at 5300-5330 Radford Avenue. This property features 36 well-maintained units across six separate lots, each hosting a charming 6-unit building. Offering flexibility, the property can be acquired as a single portfolio or purchased individually by lot, catering to a variety of investment strategies. A standout feature of this property is its significant growth potential, with the ability to add 18 Accessory Dwelling Units (ADUs). This brings the total potential unit count to 54 units, unlocking an impressive 40% upside potential for savvy investors. Each building is thoughtfully designed, and the property benefits from strong rental demand in the vibrant Valley Village neighborhood, known for its proximity to trendy dining, shopping, and entertainment, as well as convenient access to major freeways and public transit. Whether you're looking to expand your portfolio with a stable, income-generating asset or capitalize on the substantial value-add opportunity through ADU development, 5300-5330 Radford Avenue offers unmatched versatility and growth potential in one of Los Angeles' most desirable submarkets. Don't miss this rare chance to invest in a property with immediate cash flow and significant future upside.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Interior
Heating Central
Fireplace No
Exterior
Parking Features Covered, Carport
Carport Spaces 36
View Y/N Yes
View Valley
Total Parking Spaces 37
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
Listed by Jacob Plewa REMAX COMMERCIAL & INVESTMENT REALTY
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Craig & Priscilla Albin
REALTOR® | Broker-Associate | Lic# 01486993 | DRE#01437691