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$8,950,000
Est. payment /mo
31,369 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 31,369 sqft
Price per Sqft $285
MLS Listing ID CL25573857
HOA Y/N No
Lot Size 1.303 Acres
Acres 1.3
Property Sub-Type Other
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 futu
Location
State CA
County Los Angeles
Interior
Heating Other
Fireplace No
Exterior
View Y/N true
View Valley
Building
New Construction No
Others
Tax ID UNAVAILABLE
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Listed by Jacob Plewa • REMAX COMMERCIAL & INVESTMENT REALTY
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