
North Hollywood, California 91606
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,099,000—positioned slightly above the $1,061,570 Fair Market Value. Despite the premium, the property maintains a Good Condition Rating with recent capital improvements including a new roof and plumbing. Featuring three attached garages, gated access, and a turnkey, fully furnished vacant unit, it offers immediate rental income potential. This asset is perfectly suited for Buy-and-Hold Investors seeking stable cash flow or Owner-Occupants looking to offset mortgage costs through a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6030 Coldwater Canyon Subject | $1,099,000* List Price | 0 | 0 | 2,450 | $433 | - |
A 12811 Oxnard Street Sold | $960,000 | 4 | 3 | 2,266 | $424 | 0.1 mi |
B 12806 Oxnard Street Active | $1,050,000 List Price | 0 | 0 | 3,148 | $334 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property has undergone significant recent capital improvements including a 2-year-old roof, new plumbing, and updated windows. The units are well-maintained with wood/tile flooring and the vacant unit is described as turn-key, placing it in the 'Good' category due to functional systems and move-in ready condition.
The property boasts significant recent capital improvements including a newer roof, updated windows, and new plumbing, complemented by a fully furnished, move-in-ready vacant unit.
With two long-term tenants providing reliable cash flow and a vacant unit with a $3,500/month rental potential, the property is ideal for both seasoned investors and owner-occupants.
The inclusion of three attached garages, additional off-street parking, and gated access is a rare and highly desirable feature for a triplex in this high-density area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2314.
Built in 1954, the property may still possess aging core components typical of its era that were not specified as updated, potentially leading to higher long-term maintenance costs.
While long-term tenants offer stability, their 5+ year residency suggests that current rents for the occupied units may be significantly below current market rates, limiting immediate ROI.
Well-maintained triplex with pride of ownership throughout. Features a newer roof (approx. 2 years old), updated windows, fresh paint, and new 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. Unit 3 is vacant and can be owner occupied and can be rented for $3500/month or other units can be delivered vacant. 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.Turn key !
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 |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,450 | 2,721.25 |
| Lot Size | 6,001 | 8,709.25 |
| Price | $1.10M | $1.14M |
| Price per sq ft | $449 | $414 |
| Built year | 1954 | 1950 |
| HOA | $0 | $0 |
| Days on market | 20 | 118 |
Aug 20, 2026
$1,099,000
Initial Listing