4741 Radford Ave is a high-quality Valley Village multifamily asset offering investors a rare combination of modern construction, operational ease, and long-term rental stability in one of the San Fernando Valley’s most supply-constrained submarkets. Built in 1988, the property is fully exempt from the City of Los Angeles Rent Stabilization Ordinance, positioning it well above typical vintage inventory when it comes to both income flexibility and long-term asset durability.

Unlike older Valley Village apartment stock, 4741 Radford Ave benefits from more modern building systems, larger unit layouts, and reduced capital expenditure exposure. The property appeals to tenants seeking space, privacy, and updated interiors, while offering investors a low-maintenance ownership profile in a neighborhood defined by consistent demand and limited new supply.

Unit Configuration and Interior Profile at 4741 Radford Ave

The property consists of 9 units, all configured as spacious 2-bed / 2-bath residences averaging over 1,100 SF each. This uniform unit mix is particularly well suited to Valley Village’s renter base, appealing to couples, roommates, and professionals who prioritize space and functionality.

Many interiors at 4741 Radford Ave have been thoughtfully updated with finishes that align with current renter expectations. Units feature hardwood-style laminate flooring, stainless steel appliances, updated kitchens, private balconies, and in-unit washer and dryers. The consistency of the layouts simplifies management while supporting strong tenant retention and stable occupancy.

Building Amenities and Operational Features

4741 Radford Ave offers a secure and well-maintained living environment with controlled access and gated parking. The building includes multiple EV charging stations, an increasingly valuable amenity in Valley Village and surrounding submarkets. These features enhance tenant appeal while future-proofing the asset as renter preferences continue to evolve.

The 1988 construction year provides a meaningful advantage from an operational standpoint. Compared to older Los Angeles multifamily assets, the property carries lower near-term maintenance risk and more reliable core systems, allowing ownership to focus on income performance rather than deferred capital items.

Financial Positioning and Investment Profile

At the time of sale, 4741 Radford Ave was offered at $349 per SF and generated a 5.52% CAP rate on actual income. The asset delivered immediate, predictable returns without requiring aggressive repositioning or heavy renovation. The rent control exemption further strengthened the investment profile by allowing for market-responsive rent growth under California guidelines, buyer to verify.

For investors seeking stable cash flow with minimal operational friction, 4741 Radford Ave represented a turnkey opportunity in a submarket where comparable product is rarely available.

Location and Tenant Demand in Valley Village

4741 Radford Ave is located just south of Riverside Dr, within 1.5 miles of Ventura Blvd’s Silver Triangle and the NoHo Arts District. The property benefits from quick access to the 101, 134, and 170 freeways, offering tenants a central commute to employment hubs in Studio City, Burbank, Hollywood, and North Hollywood.

Valley Village continues to attract renters seeking a balance of residential character and connectivity. Proximity to dining, retail, creative offices, and major studios reinforces long-term demand and supports consistent leasing velocity for well-located assets like 4741 Radford Ave.

Conclusion and Transaction Outcome

4741 Radford Ave represents a compelling Valley Village multifamily opportunity defined by modern construction, RSO exemption, large 2-bed / 2-bath units, and a low-maintenance ownership profile. The combination of strong in-place income, tenant-driven unit design, and a supply-constrained location made the property an attractive addition to a long-term investment portfolio.

The successful sale of 4741 Radford Ave reflects continued investor demand for turnkey Los Angeles multifamily assets that offer operational simplicity, regulatory flexibility, and durable rental fundamentals. To see how the property was positioned, marketed, and ultimately sold, view the full 4741 Radford Ave success story here for a detailed breakdown of the strategy and outcome.