Est. cap rate

1.9%

Assumed rent, all units

$7,650/mo

Units

3

Price per unit

$791,667

Est. annual NOI

$45,900

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

5

Bathrooms

4

Building size

2,981 sqft

Lot size

6,100 sqft

Year built

2025

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights

Status

Active

Days on market

31

MLS #

244862863

About this property

Discover an exceptional European-inspired triplex in the heart of Encino, thoughtfully reimagined to offer luxury living, artistic design, and outstanding investment potential. Ideal for multi-generational living, a 1031 Exchange, long-term rentals, or exploring short-term rental opportunities such as Airbnb The property features three separate residences, each with its own address, separate gas and water meters, private laundry, and designer finishes throughout. 5606 White Oak Ave is a new construction (2025) offering approximately 1,250 SF, 2 bedrooms, and 2 bathrooms with soaring ceilings, an open floor plan, paid solar, quartz countertops, custom cabinetry, and premium appliances. 17658 Martha Street is an approximately 600 SF, 1-bedroom, 1-bathroom junior ADU with its own washer and dryer, ideal for guests, extended family, or additional income potential. 17660 Martha Street offers 2 bedrooms and 1 bathroom and has been extensively renovated with a new roof, updated plumbing, HVAC, dual-pane windows, remodeled kitchen and bath, and in-unit laundry. Designer finishes, premium tile, and two hand-painted murals by renowned artist Keene create a truly distinctive setting. The flexible layout is ideal for owner-users, investors, or creative professionals, while the unique architecture and vibrant interiors provide an inspiring backdrop for YouTubers, streamers, podcasters, photographers, and content creators. Conveniently located near Ventura Boulevard, Balboa Park, West LA, Santa Monica, Hollywood, and premier shopping and dining, this is a rare opportunity to own a versatile, income-producing property in one of Encino's most desirable neighborhoods.

Location

17660 Martha St

Los Angeles, Los Angeles, CA, 91316