Est. cap rate

3.5%

Assumed rent, all units

$6,810/mo

Units

3

Price per unit

$391,667

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

3,330 sqft

Lot size

5,915 sqft

Year built

1951

Stories

1

Garage spaces

4

Pool

None

View

None

Status

Active

Days on market

1

MLS #

245276007

About this property

Fantastic TRIPLEX in Prime North Hollywood area! Corner Lot location! Attached one story vacant move in ready unit in front with Newer kitchen and hardwood flooring 2 bedrooms and 1 bath, additional two story 2 units each with 2 bedrooms and 1 baths, that are currently tenant-occupied, providing steady income to help offset the mortgage. The seller has possession on vacant 4 cars detached garage in the back with alley access, which might qualify to be converted into another additional units, this will greatly increasing the stream of income. You can live in the front and lease out the 2 others OR...lease them all. Close to Burbank and NOHO West with close proximity to freeways, public transit, shopping and eateries! Here is the opportunity knocks with many potentials for you!

Location

12759 Oxnard

North Hollywood, Los Angeles, CA, 91606