
Deal numbers
- Est. cap rate
- 2.6%
- Assumed rent, all units
- $8,190/mo
- Units
- 3
- Price per unit
- $631,667
- Est. annual NOI
- $49,140
- 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.
- Effective gross income
- $93,366
- Operating expenses
- $46,683
- Net operating income
- $46,683
- Annual debt service
- $113,467
- Annual cash flow
- -$66,784
- Cash on cash return
- -14.1%
- Down payment
- $473,750
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
- 7
- Bathrooms
- 6
- Building size
- 3,484 sqft
- Lot size
- 21,206 sqft
- Year built
- 1955
- Stories
- 1
- Garage spaces
- 0
- Style
- Custom Built,English
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Mountain(s)
- Status
- Active
- Days on market
- 50
- MLS #
- 246305315
About this property
Rare opportunity to own **3 separate units on one expansive 21,000 sq ft lot**, ideally positioned on a quiet **cul-de-sac** within one of North Hills’ most **well-established neighborhoods**, known for its **ranches, custom homes, and large lots**. This peaceful setting offers space, privacy, and versatility—an ideal environment where **small animals, and possibly even a horse, may be permitted** (buyer to verify). Zoning, permits for agricultural uses, nursery, kennels, back lot could be split off to build a separate house (SB10). This property is very well suited for multi-generational living. Bring your folks with you, too. Has ample space for work trucks and equipment. The spacious **single-story front home** features **5 bedrooms and 3.5 bathrooms**, offering generous living areas perfect for large households or multi-generational living. Attached to the main residence is a **studio unit** with its own kitchenette and bathroom, featuring **new appliances** and **new cabinetry**, ideal for guests or rental income. Behind the main home sits a beautifully updated **2 bedroom, 1 bathroom detached house**, showcasing **new kitchen cabinets**, **new bathroom shower**, **vanity**, **tile**, **flooring**, and **toilet**—a fresh, modern living space ready for immediate occupancy. The property also includes approximately **6,000 sq ft of open space at the rear of the lot**, providing ample parking, storage, or the potential for **future development of up to two additional units** (buyer to verify). This added land makes the property especially attractive for investors or owner-users seeking long-term growth potential. The property is equipped with leased solar panels with Tesla. Home is located at Plummer and Columbus as is Sepulveda Middle school, Lassen Elementary School and Monroe High School. This home is perfect for families with school aged kids. Centrally located near the **405, 118, and 5 freeways**, and just minutes from shopping, dining, and **Cal State Northridge**, this quiet cul-de-sac property blends convenience, privacy, and exceptional potential—an opportunity like this seldom comes available in the residential portion of North Hills. ---
Location
9826 Columbus
North Hills, Los Angeles, CA, 91343