Est. cap rate

3.7%

Assumed rent, all units

$6,810/mo

Units

3

Price per unit

$366,667

Est. annual NOI

$40,860

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

4

Bathrooms

4

Building size

2,081 sqft

Lot size

6,768 sqft

Year built

1940

Stories

1

Garage spaces

0

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

258

MLS #

238016405

About this property

Prime North Hollywood Triplex Opportunity! Welcome to 6614 Camellia Avenue, a well-maintained triplex located in the heart of North Hollywood. This income-producing property offers a total of approximately 2,081 square feet and features three separate units with a desirable unit mix: two 1-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit. Each unit offers comfortable living spaces with functional layouts, making it appealing to both tenants and owner-users. The property also includes four uncovered parking spaces, adding convenience and value in this high-demand rental area. Situated near major studios, shopping, dining, and easy freeway access, this triplex presents an excellent opportunity for investors seeking steady rental income or an owner-user looking to live in one unit while renting out the others. A solid addition to any real estate portfolio in a sought-after North Hollywood neighborhood.

Location

6614 Camellia Avenue

North Hollywood, Los Angeles, CA, 91606