Triplex with Rear
11320 Emelita, North Hollywood, CA 91601
For Sale
$1,299,000
One residence has a yard, alongside two smaller units.
Property Size2,502 SF
Lot Size0.16 Acres
Price / SF$519.18
Days on Market23
Property Features for 11320 Emelita
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Listing Agency:
Sergey Oganesyan
Listed By:
Sergey Oganesyan · License #01484826
(323) 620-2854
Source:
Findhomesinsandiegoarea
Added: Oct 18
Changed: Nov 8
Last Checked: Nov 8 at 6:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sergey Oganesyan
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Investment Insights
Based on property information with market context.
At 11320 Emelita Street, this triplex contains 2,502 square feet on a 7,001-square-foot lot. The unit mix comprises one three-bedroom, one-bath residence with a yard and two two-bedroom, one-bath residences. A sizable parking area occupies the rear of the property; the remarks indicate it may offer the possibility of adding ADUs.
The property is in North Hollywood, near the NoHo Arts District and North Hollywood Metro Station. Access to the 101, 134, and 170 freeways is also noted, along with nearby theaters, galleries, music venues, and cafes.
The property is in North Hollywood, near the NoHo Arts District and North Hollywood Metro Station. Access to the 101, 134, and 170 freeways is also noted, along with nearby theaters, galleries, music venues, and cafes.
Key Highlights
- 2,502 SF building on a 7,001 SF lot
- Three units: one 3‑bedroom, 1‑bath residence and two 2‑bedroom, 1‑bath residences
- Yard accompanies the 3‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,694
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,880
$873.9K
Cap Rate 7%
$624,200
$624.2K
Cap Rate 9%
$485,489
$485.5K
Market Conditions
NOI Build-Up for 2,502 SF
Gross rent
$67.6K $27.00/SF
− Vacancy
−$5.1K −$2.05/SF
EGI
$62.4K $24.95/SF
− OpEx
−$18.7K −$7.48/SF
NOI
$43.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,880
Cap Rate 7%
$624,200
Cap Rate 9%
$485,489
Alternative Uses
Best Use
Multifamily LT 5
$624.2K
$546.2K – $728.2K
NOI $43,694 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$575.1K
$503.2K – $671.0K
NOI $40,259 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,769 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in North Hollywood, CA
Properties on Market for Triplexes in North Hollywood
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - One residence has a yard, alongside two smaller units.
Where is this triplex located?
The property is located at 11320 Emelita North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 2,502 SF building on a 7,001 SF lot; Three units: one 3‑bedroom, 1‑bath residence and two 2‑bedroom, 1‑bath residences; Yard accompanies the 3‑bedroom unit
