Est. cap rate

3.9%

Assumed rent, all units

$6,810/mo

Units

3

Price per unit

$349,933

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

2,450 sqft

Lot size

6,001 sqft

Year built

1954

Stories

1

Garage spaces

3

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

42

MLS #

246194498

About this property

BIG REDUCTION! Seller very motivated! Well-maintained triplex with pride of ownership throughout. Features a newer roof (approx. 2 years old), updated windows, fresh paint, and new plumbing. Two units are occupied by long-term tenants (over 4 years), providing stable income. Great opportunity for owner-occupant—live in one unit and rent the others—or for investors seeking strong rental potential. All units offer wood and tile flooring, washer and dryer hookups, and functional layouts. All units has open porch for barbecue or family or to seat and have coffee. Front yard fully landscaped. Unit 3 is vacant and can be owner occupied and can be rented for $3500/month or unit3 is vacant and has 2 car attached garage. Property includes gated access, 3 attached garages, additional parking, and mature fruit trees (guava and pomegranate). Conveniently located near Universal Studios Hollywood and Los Angeles Valley College, with easy access to freeways, shopping, and public transportation.Unit 3 is fully furnished and all furnitures and appliances included.Turn key !

Location

6030 Coldwater Canyon

North Hollywood, Los Angeles, CA, 91606