
North Hollywood, California 91606
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,299,000—positioned above the $1,241,889 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 4, supported by a newer roof, updated windows, and upgraded plumbing. With two long-term tenants providing stable cash flow and a fully furnished third unit, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack. Its proximity to Universal Studios and major transit hubs ensures consistent rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6030 Coldwater Canyon Subject | $1,199,000* List Price | 0 | 0 | 2,450 | $478 | - |
A 12811 Oxnard Street Active | $1,150,000 List Price | 4 | 3 | 2,266 | $508 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1954 build that has been well-maintained with key system updates including a newer roof (2 years), updated windows, and upgraded plumbing. However, the interior finishes in the kitchens and bathrooms are significantly dated (likely 20+ years old), featuring older cabinetry, tile countertops, and wallpaper, which requires cosmetic modernization to meet current market standards.
The property features significant recent capital improvements including a newer roof, updated windows, and upgraded plumbing, minimizing immediate maintenance costs for a new owner.
With two units occupied by long-term tenants of over five years, the property offers immediate and reliable cash flow with a proven history of occupancy.
The inclusion of a fully furnished third unit and three attached garages makes this an ideal opportunity for an owner-occupant to live in one unit while offsetting the mortgage with rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2314.
Situated on Coldwater Canyon, a major North Hollywood thoroughfare, the property is subject to significant street noise and traffic congestion which may impact residential appeal.
The 6,001 sqft lot is relatively compact for a triplex with three garages, resulting in limited private yard space for tenants despite the presence of mature landscaping.
Well-maintained triplex with pride of ownership throughout. Features a newer roof (approx. 2 years old), updated windows, fresh paint, and upgraded plumbing. Two units are occupied by long-term tenants (over 5 years), providing stable income. Great opportunity for owner-occupant—live in one unit and rent the others—or for investors seeking strong rental potential. All units offer wood and tile flooring, washer and dryer hookups, and functional layouts. All units has open porch for barbecue or family or to seat and have coffee. Front yard fully landscaped. Property includes gated access, 3 attached garages, additional parking, and mature fruit trees (guava and pomegranate). Conveniently located near Universal Studios Hollywood and Los Angeles Valley College, with easy access to freeways, shopping, and public transportation.Unit 3 is fully furnished and all furnitures and appliances included.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,450 | 2,127.5 | 50% |
| Lot Size | 6,001 | 6,632.5 | 50% |
| Price | $1.20M | $823.0K | 83% |
| Price per sq ft | $489 | $432 | 50% |
| Built year | 1954 | 1946 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 112 | 17% |
May 31, 2026
$1,199,000
$1,299,000
-8% Price Drop
Initial Listing
May 15, 2026
$1,299,000
Initial Listing