Est. cap rate

3.0%

Assumed rent, all units

$8,460/mo

Units

3

Price per unit

$565,000

Est. annual NOI

$50,760

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

2,610 sqft

Lot size

8,053 sqft

Year built

1964

Stories

1

Garage spaces

0

Style

Ranch

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

1

MLS #

247002767

About this property

Beautifully developed, this exceptional West Hills property features a main residence and two attached dwelling units, offering outstanding flexibility for homeowners and investors alike. Fully stabilized with strong long-term tenants, the property currently generates approximately $10,000 in gross monthly rental income. The main residence at 6972 Platt Ave (1,598 sqft) features a spacious, light-filled, open-concept floor plan designed for comfortable everyday living and entertaining. The kitchen flows seamlessly into the main living areas, while well-proportioned rooms and direct access to the outdoor spaces create an inviting indoor-outdoor lifestyle. The residence includes three generously sized bedrooms and two beautifully appointed bathrooms. Outside, a private patio provides ample space for relaxing and entertaining, while the beautiful yard offers year-round enjoyment. The attached dwelling units at 6970 and 6974 Platt Ave (both 506 sqft) offer contemporary one-bedroom, one-bathroom layouts with modern finishes, stylish kitchens, and a spacious, comfortable living areas, with private side entrances. Together, the three residences deliver an ideal combination of lifestyle, rental income, privacy, and long-term value. Conveniently located near top schools, parks, shopping, dining, and major commuter routes, this is a rare opportunity to acquire a versatile, income-producing property in one of West Hills’ most desirable neighborhoods. KEY FEATURES: • Approximately $10,000 in gross monthly rental income • Recently constructed and extensively developed between 2023 and 2024 • Separately metered utilities • Large private yard • Modern kitchens with high-end appliances and generous counter space • Contemporary, low-maintenance finishes designed for lasting appeal Tenant-occupied property. Showings will be scheduled only after an accepted offer. Please submit offers subject to interior inspection. Do not disturb occupants or go directly to the property. All showings require at least 24 hours’ notice. Online photographs were taken recently and have been virtually staged. Buyer to verify all property details, permits, square footage, rental income, and intended uses. Neither Seller nor Listing Broker/Agent guarantees its accuracy or completeness.

Location

6972 N Platt Avenue

West Hills, Los Angeles, CA, 91307