Est. cap rate

3.8%

Assumed rent, all units

$8,280/mo

Units

3

Price per unit

$433,000

Est. annual NOI

$49,680

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

2,502 sqft

Lot size

7,003 sqft

Year built

1923

Stories

2

Garage spaces

6

Pool

None

Status

Active

Days on market

0

MLS #

249022511

About this property

Welcome to 11320 Emelita Street, a Residential Income property in North Hollywood. This triplex encompasses 2,502 SF and is on a 7,001 SF lot. 11320 Emelita St. features (1) 3-Bed + 1 Bath unit with a yard and (2) 2-Bed + 1-Bath units. The building has a large parking lot in the back which may allow a new owner to build ADUs. Nestled nearby the vibrant NoHo Arts District, 11320 Emelita St. offers an exceptional opportunity in one of North Hollywood's most dynamic and evolving neighborhoods. This eclectic mid-town pocket is home to a mix of charming vintage residences and boutique multifamily buildings, attracting creatives, professionals, and long-term investors alike. With a strong rental base, proximity to the North Hollywood Metro Station, and easy access to the 101, 134, & 170 freeways, the location offers both lifestyle and logistical advantages for tenants and owners. Residents enjoy the cultural heartbeat of the NoHo Arts District blocks away known for its theaters, galleries, music venues, and caf-lined streets. Whether you're attending a show at the El Portal Theatre, dining along Lankershim Blvd., or commuting via the B (Red) Line, this location seamlessly blends artistic energy with everyday convenience.The walkable setting, diverse community, and continued investment in the surrounding area make this a prime property with long-term upside.

Location

11320 Emelita

North Hollywood, Los Angeles, CA, 91601