
Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $6,510/mo
- Units
- 3
- Price per unit
- $350,000
- Est. annual NOI
- $39,060
- 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.
- Effective gross income
- $74,214
- Operating expenses
- $37,107
- Net operating income
- $37,107
- Annual debt service
- $62,871
- Annual cash flow
- -$25,764
- Cash on cash return
- -9.8%
- Down payment
- $262,500
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
- 3
- Building size
- 2,400 sqft
- Lot size
- 6,750 sqft
- Year built
- 1948
- Stories
- 1
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 89
- MLS #
- 244625940
About this property
Welcome to this versatile property offering two beautifully maintained homes and a garage, converted to a 1 bed/1 bath, in the heart of North Hollywood. The front house features 2 bedrooms and 1 bathroom, with a private grassy front yard perfect for gatherings or quiet evenings outdoors. A long driveway provides ample parking. The detached ADU just behind the main home, is a recently remodeled, spacious 3-bedroom, 2.5-bathroom home with central air and heat. Designed for modern living, it boasts generous square footage, a bright open layout, and has its own separate water, electrical, and gas meters—making it ideal for independent living or rental income. Additionally, the detached garage has been converted to a 1 bedroom/1 bath living space. This property is ideal for multi-generational living, income opportunities, or anyone looking for flexibility and room to grow.
Location
7745 Radford
North Hollywood, Los Angeles, CA, 91605