4741 Radford is a rare Valley Village multifamily acquisition that offered investors a low-maintenance, high-quality income stream in one of the San Fernando Valley’s most supply-constrained rental submarkets. Built in 1988 and fully exempt from Los Angeles’ Rent Stabilization Ordinance (RSO), the property stood out from typical vintage inventory with its modern systems, larger unit layouts, and fewer ongoing management concerns.

The 9-unit complex is comprised entirely of spacious two-bedroom, two-bath units averaging over 1,100 square feet. Many interiors had already been thoughtfully updated with in-demand finishes such as hardwood-style laminate flooring, stainless steel appliances, updated kitchens, private balconies, and in-unit washer/dryers—making the property highly desirable for quality-conscious renters. Gated parking, secure access, and multiple EV charging stations further enhanced the building’s appeal.

At the time of sale, 4741 Radford was offered at just $349 per square foot and generated a 5.52% CAP rate on actual income—providing immediate returns with minimal repositioning required. The 1988 construction year offered the added advantage of reduced capital expenditure risk and more reliable building systems compared to older Los Angeles multifamily assets.

Location-wise, the property is ideally situated just south of Riverside Drive, within 1.5 miles of both Ventura Boulevard’s Silver Triangle and the NoHo Arts District. With quick access to the 101, 134, and 170 Freeways, tenants benefit from a central commute to major employment hubs in Studio City, Burbank, and Hollywood.

The sale of 4741 Radford underscores the continued demand for well-located, turnkey Valley Village multifamily assets with strong unit mix, RSO exemption, and built-in rental stability—making it a strategic addition to any long-term investment portfolio.