We%20are%20proud%20to%20present%20%22The%20Radford%22,%20a%2021-unit%20condominium%20property%20located%20at%204725%20Radford%20Ave%20in%20prime%20Valley%20Village,%20CA.%20This%20listing%20is%20part%20of%20a%203%20property%20portfolio%20with%2057%20total%20condos,%20all%20in%20the%20South%20Valley,%20and%20all%20built%20by%20the%20seller%20in%202018.Built%20in%202018%20to%20condo%20specifications,%20this%20property%20is%20100%%20free%20of%20all%20rent%20control.%20The%2028,037%20sqft%20building%20sits%20on%20a%200.28%20acre%20lot,%20and%20it%20boasts%20an%20excellent%20unit%20mix%20of%20(4)%201%20Bed%20/%201%20Bath%20condos,%20(14)%202%20Bed%20/%202%20Bath%20condos,%20and%20(3)%203%20Bed%20/%202%20Bath%20condos,%20with%20an%20average%20size%20of%20788sf,%201,184sf,%20and%201,429sf,%20respectively.%20Of%20the%2021%20condos,%2019%20are%20market-rate%20and%202%20are%20low-income%20restricted%20(both%20low-income%20restricted%20condos%20are%202%20Bed).The%20property%20has%20a%20gated,%20double-subterranean%20parking%20lot%20with%20four%20levels%20of%20residential%20above.%20The%201st%20floor%20has%206%20condos%20while%20the%202nd,%203rd,%20and%204th%20floors%20all%20have%205%20condos.%20The%20top%20floor%20is%20reserved%20for%205%20beautiful%20penthouses.%20These%20modern%20and%20luxury%20condos%20are%20fully%20equipped%20with%20central%20A/C,%20new%20stainless%20steel%20appliances,%20in%20unit%20washer/dryer,%20open%20floor%20plan%20kitchen,%20dining%20area,%20large%20living%20room,%20wood-inspired%20vinyl%20floors,%20and%20a%20private%20balcony/patio.%20The%20property%20is%20individually%20metered%20all%20utilities,%20including%20water,%20which%20keeps%20the%20landlord%27s%20utility%20expenses%20to%20near%20nothing.%20The%20building%20generates%20additional%20income%20through%20renting%20out%20extra%20parking%20spaces%20and%20seven%20storage%20spaces%20to%20tenants%20for%20additional%20charge.%20The%20building%20also%20has%2014.8kwp%20solar%20panels%20and%20EV%20chargers%20which%20provide%20the%20landlord%20with%20extra%20income.Currently,%20this%20condo%20building%20is%20being%20operated%20as%20apartment%20rentals,%20and%20the%20building%20is%20100%%20occupied%20with%20all%20tenants%20paying%20rent.%20The%2021%20condos%20bring%20in%20a%20combined%20$63,500%20of%20rent%20per%20month,%20or%20$762,000%20per%20year.%20A%20recent%20rent%20survey%20suggests%20full%20market-rent%20potential%20at%20$75,300%20per%20month,%20or%20$904,000%20per%20year,%20presenting%20an%20investor%20with%20approximately%2019%%20upside%20potential.These%20condos%20offer%20an%20excellent%20exit%20strategy%20to%20sell%20them%20off%20individually.%20A%20survey%20of%20recently%20sold%20condos%20in%20the%20South%20Valley%20show%20that%20newer%20construction%202%20and%203%20bedroom%20condos%20are%20selling%20for%20an%20average%20of%20$655%20per%20sqft.%20With%20the%20building%20currently%20priced%20at%20just%20$410%20per%20sqft,%20there%27s%20immense%20profit%20potential%20for%20an%20investor%20who%27s%20willing%20to%20put%20in%20the%20time%20to%20sell%20these%20condos%20individually.%20Importantly,%20selling%20these%20individually%20would%20allow%20the%20buyer%20to%20avoid%20expensive%20ULA%20transfer%20taxes%20on%20the%20exit.%20The%20Radford%20is%20perfectly%20located%20in%20Valley%20Village,%20within%20close%20proximity%20to%20Gelson%27s,%20Starbucks,%20Moorpark%20park,%20and%20plenty%20of%20bars,%20restaurants,%20and%20shopping.%20The%20property%20has%20quick%20access%20to%20the%20101,%20170,%20and%20405%20freeways,%20allowing%20for%20easy%20commuting%20to%20anywhere%20throughout%20Los%20Angeles%20and%20beyond.%20Its%20proximity%20to%20Studio%20City,%20Sherman%20Oaks,%20Toluca%20Lake,%20Burbank%20and%20Hollywood%20positions%20it%20as%20an%20ideal%20home%20for%20those%20seeking%20access%20to%20the%20best%20the%20Valley%20has%20to%20offer.
We%20are%20proud%20to%20present%20%22The%20Radford%22,%20a%2021-unit%20condominium%20property%20located%20at%204725%20Radford%20Ave%20in%20prime%20Valley%20Village,%20CA.%20This%20listing%20is%20part%20of%20a%203%20property%20portfolio%20with%2057%20total%20condos,%20all%20in%20the%20South%20Valley,%20and%20all%20built%20by%20the%20seller%20in%202018.Built%20in%202018%20to%20condo%20specifications,%20this%20property%20is%20100%%20free%20of%20all%20rent%20control.%20The%2028,037%20sqft%20building%20sits%20on%20a%200.28%20acre%20lot,%20and%20it%20boasts%20an%20excellent%20unit%20mix%20of%20(4)%201%20Bed%20/%201%20Bath%20condos,%20(14)%202%20Bed%20/%202%20Bath%20condos,%20and%20(3)%203%20Bed%20/%202%20Bath%20condos,%20with%20an%20average%20size%20of%20788sf,%201,184sf,%20and%201,429sf,%20respectively.%20Of%20the%2021%20condos,%2019%20are%20market-rate%20and%202%20are%20low-income%20restricted%20(both%20low-income%20restricted%20condos%20are%202%20Bed).The%20property%20has%20a%20gated,%20double-subterranean%20parking%20lot%20with%20four%20levels%20of%20residential%20above.%20The%201st%20floor%20has%206%20condos%20while%20the%202nd,%203rd,%20and%204th%20floors%20all%20have%205%20condos.%20The%20top%20floor%20is%20reserved%20for%205%20beautiful%20penthouses.%20These%20modern%20and%20luxury%20condos%20are%20fully%20equipped%20with%20central%20A/C,%20new%20stainless%20steel%20appliances,%20in%20unit%20washer/dryer,%20open%20floor%20plan%20kitchen,%20dining%20area,%20large%20living%20room,%20wood-inspired%20vinyl%20floors,%20and%20a%20private%20balcony/patio.%20The%20property%20is%20individually%20metered%20all%20utilities,%20including%20water,%20which%20keeps%20the%20landlord%27s%20utility%20expenses%20to%20near%20nothing.%20The%20building%20generates%20additional%20income%20through%20renting%20out%20extra%20parking%20spaces%20and%20seven%20storage%20spaces%20to%20tenants%20for%20additional%20charge.%20The%20building%20also%20has%2014.8kwp%20solar%20panels%20and%20EV%20chargers%20which%20provide%20the%20landlord%20with%20extra%20income.Currently,%20this%20condo%20building%20is%20being%20operated%20as%20apartment%20rentals,%20and%20the%20building%20is%20100%%20occupied%20with%20all%20tenants%20paying%20rent.%20The%2021%20condos%20bring%20in%20a%20combined%20$63,500%20of%20rent%20per%20month,%20or%20$762,000%20per%20year.%20A%20recent%20rent%20survey%20suggests%20full%20market-rent%20potential%20at%20$75,300%20per%20month,%20or%20$904,000%20per%20year,%20presenting%20an%20investor%20with%20approximately%2019%%20upside%20potential.These%20condos%20offer%20an%20excellent%20exit%20strategy%20to%20sell%20them%20off%20individually.%20A%20survey%20of%20recently%20sold%20condos%20in%20the%20South%20Valley%20show%20that%20newer%20construction%202%20and%203%20bedroom%20condos%20are%20selling%20for%20an%20average%20of%20$655%20per%20sqft.%20With%20the%20building%20currently%20priced%20at%20just%20$410%20per%20sqft,%20there%27s%20immense%20profit%20potential%20for%20an%20investor%20who%27s%20willing%20to%20put%20in%20the%20time%20to%20sell%20these%20condos%20individually.%20Importantly,%20selling%20these%20individually%20would%20allow%20the%20buyer%20to%20avoid%20expensive%20ULA%20transfer%20taxes%20on%20the%20exit.%20The%20Radford%20is%20perfectly%20located%20in%20Valley%20Village,%20within%20close%20proximity%20to%20Gelson%27s,%20Starbucks,%20Moorpark%20park,%20and%20plenty%20of%20bars,%20restaurants,%20and%20shopping.%20The%20property%20has%20quick%20access%20to%20the%20101,%20170,%20and%20405%20freeways,%20allowing%20for%20easy%20commuting%20to%20anywhere%20throughout%20Los%20Angeles%20and%20beyond.%20Its%20proximity%20to%20Studio%20City,%20Sherman%20Oaks,%20Toluca%20Lake,%20Burbank%20and%20Hollywood%20positions%20it%20as%20an%20ideal%20home%20for%20those%20seeking%20access%20to%20the%20best%20the%20Valley%20has%20to%20offer.