Est. cap rate

3.5%

Assumed rent, all units

$8,280/mo

Units

3

Price per unit

$466,666

Est. annual NOI

$49,680

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

3

Building size

2,479 sqft

Lot size

5,830 sqft

Year built

1948

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

98

MLS #

244749814

About this property

SELLER IS MOTIVATED TO MOVE THIS PROPERTY! This is an outstanding opportunity to own a triplex in NORTH HOLLYWOOD that offers exceptional potential for both owner-users and savvy investors. Situated on a large lot, the property presents the potential to generate income-producing units, creating even greater investment value. The spacious front residence features 4 bedrooms and 2 bathrooms, offering an inviting, move-in-ready living space with excellent curb appeal and plenty of room for a growing family. The two rear units each offer 1 bedroom and 1 bathroom, providing strong rental income potential while allowing an owner to comfortably occupy the front home. With its versatile layout, generous lot size, and multiple income-producing units, this property is an excellent opportunity for both immediate use and long-term investment. The property is ideally located in one of North Hollywood's most desirable neighborhoods, the property is just minutes from Downtown Burbank, Hollywood, Burbank Airport, and the 134 Freeway, providing convenient access to major employment centers, shopping, dining, and entertainment. The area also offers highly regarded schools and an abundance of nearby amenities. Whether you're looking to live in one unit while generating rental income or expand your investment portfolio with a versatile multi-family property, this triplex delivers exceptional value, location, and long-term potential. Don't miss this rare opportunity to own a move-in-ready income property in the heart of North Hollywood! More photos to come.

Location

5445 Cartwright

North Hollywood, Los Angeles, CA, 91601