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11430 Califa Street, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath

11430 Califa Street, North Hollywood, California 91601 home-pic-0
ACTIVE$1,150,000
11430 Califa Street, North Hollywood, California 91601
0Bed
0Bath
2,083Sqft
7,000Lot
Year Built
1940
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$552
HOA
-
Days on market
-
Sold On
-
MLS number
SR25060684
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(44th), sqft - 2083(22th), beds - undefined(50th), baths - undefined(50th).

Prime Triplex Opportunity in North Hollywood! Welcome to 11430 Califa St, a fantastic investment property located in the heart of North Hollywood. This triplex sits on a spacious 7,000 sq. ft. lot and offers a total of 2,083 sq. ft. of living space. The property features two units with 2 bedrooms and 1 bathroom each, and one unit with 1 bedroom and 1 bathroom. The front house is equipped with owned solar panels, providing energy efficiency with an average monthly cost of just $48. This versatile property offers excellent income potential and is conveniently located near shopping, dining, and entertainment options. Don't miss this opportunity to own a valuable multi-unit property in one of LA’s most desirable neighborhoods! Schedule a showing today!

Price History

Date
Event
Price
08/07/25
Price Change
$1,150,000
03/20/25
Listing
$1,200,000
Condition Rating
Fair
Built in 1940, this triplex shows signs of age but has been maintained with some updates. The kitchen features older wood cabinets, dated tile flooring, and an older range, suggesting a renovation 15-30 years ago. The bathroom also has dated tile and basic fixtures. While the living area has newer laminate flooring and the front unit boasts owned solar panels, the overall aesthetic in key areas like the kitchen and bathrooms is outdated and would require minor updates to meet current buyer expectations. The exterior concrete and garage also show significant wear.
Pros & Cons

Pros

Income Potential: As a triplex in a desirable area, it offers significant income-generating capabilities and is explicitly marketed as a prime investment property.
Prime North Hollywood Location: Situated in the 'heart of North Hollywood,' providing excellent access to amenities, entertainment, and a strong rental market.
Energy Efficiency: The presence of owned solar panels on the front house significantly reduces utility costs, enhancing profitability and tenant appeal.
Generous Lot Size: A spacious 7,000 sq. ft. lot offers potential for outdoor amenities, tenant parking, or future development opportunities (subject to zoning).
Diverse Unit Mix: The configuration of two 2-bed/1-bath units and one 1-bed/1-bath unit caters to a broader range of tenants, potentially minimizing vacancy risk.

Cons

Property Age & Potential for Deferred Maintenance: Built in 1940, the property is over 80 years old, suggesting potential for outdated systems and the need for significant capital expenditures for renovations or repairs.
Recent Price Reduction: The property has seen a price reduction from $1.2M to $1.15M, which could indicate overpricing or a lack of initial buyer interest, warranting further investigation into market comparables and property condition.
Undisclosed Interior Condition: The description lacks specific details regarding the interior condition or recent renovations of all units, implying potential for varying states of repair and immediate upgrade costs for a new owner.

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