Est. cap rate

2.4%

Assumed rent, all units

$7,650/mo

Units

3

Price per unit

$633,000

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

37

MLS #

248965335

About this property

3 UNITS. 3 ADDRESSES. 1 LOT. ENCINO. Three separate residences with private entrances on one 6,110 sq. ft. lot. 17660 Martha St offers 2 bedrooms and 1 bathroom in approximately 1,068 sq. ft. 17658 Martha St offers 1 bedroom and 1 bathroom in approximately 563 sq. ft. 5606 White Oak Ave is a detached 2025 rear unit with 2 bedrooms, 2 bathrooms, and approximately 1,250 sq. ft., plus paid-off solar. All fully furnished. Utilities separate except water. Driveway parking plus a carport for the rear unit. Ideal for investment, multigenerational, or owner-user use in central Encino. Lot split application pending with the City; buyer to verify.

Location

17660 Martha

Los Angeles, Los Angeles, CA, 91316