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

3

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

89

MLS #

244968536

About this property

Prime North Hollywood Triplex Opportunity! Welcome to 6614 Camellia Avenue, a well-maintained residential income property in the heart of North Hollywood. Offering approximately 2,081 square feet of living space, this triplex features an attractive unit mix consisting of two 1-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit. Each residence offers a functional floor plan designed for comfortable living, creating strong appeal for tenants while providing flexibility for an owner-user. The property includes four uncovered parking spaces, a valuable amenity in this highly desirable rental market. Conveniently located near major studios, shopping, dining, entertainment, and with easy access to nearby freeways, this property presents an outstanding opportunity for investors seeking a well-located income-producing asset or buyers looking to occupy one unit while generating rental income from the others. A fantastic addition to any investment portfolio in one of North Hollywood's most sought-after neighborhoods.

Location

6614 Camellia Avenue

North Hollywood, Los Angeles, CA, 91606