Est. cap rate

1.7%

Assumed rent, all units

$7,650/mo

Units

3

Price per unit

$900,000

Est. annual NOI

$45,900

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

2,881 sqft

Lot size

6,100 sqft

Year built

1949

Stories

2

Garage spaces

0

Style

Mid Century Modern,Contemporary,Custom Built,Bungalow,Mediterranean

Heating

Solar,Ductless,Zoned,Central

Cooling

Gas,Dual,Electric,Central Air,Zoned,High Efficiency,ENERGY STAR Qualified Equipment

Pool

None

View

None

Status

Active

Days on market

34

MLS #

247100336

About this property

EXCEPTIONAL ENCINO MULTI-UNIT OPPORTUNITY — THREE UNITS, THREE ADDRESSES, ONE LOT! Rarely does an opportunity like this come available. Situated on a 6,110 sq. ft. lot, this unique property features three separate residential units, three separate addresses, and individual entrances, offering an incredible combination of flexibility, functionality, and potential. 17660 Martha St (Unit 1) features 2 bedrooms, 1 bathroom, and approximately 1,068 sq. ft. 17658 Martha St (Unit 2) features 1 bedroom, 1 bathroom, and approximately 563 sq. ft. 5606 White Oak Ave, BUILT in 2025 (Unit 3 detached back structure) features 2 bedrooms, 2 bathrooms, and approximately 1,250 sq. ft. and includes solar panels that are fully paid off. Each unit is being offered fully furnished, including appliances, flatware, décor, and furnishings. The units also have separate utilities, with the exception of water. Parking is a valuable added benefit, with driveway parking serving the two front units and a two-space carport designated for the rear unit. Whether you're looking for an investment property, multiple living spaces for extended or multigenerational family, an owner-user opportunity, or a property with the flexibility to accommodate different living arrangements, this property delivers an uncommon level of versatility. Located in desirable Encino, the property is conveniently positioned near major freeways, restaurants, shopping, entertainment, and a wide range of everyday amenities. Enjoy easy access throughout the San Fernando Valley and to many of Los Angeles' most popular destinations. Three units. Three addresses. Separate entrances. Dedicated parking. Fully furnished. Paid-off solar on 5606 White Oak Ave. An exceptionally versatile property offering multiple possibilities in a highly sought-after Los Angeles location.

Location

17660 Martha

Los Angeles, Los Angeles, CA, 91316