Triplex with Individual
For Sale
$889,000
11335 Califa St, North Hollywood, CA 91601
Three one-bedroom residences include in-unit laundry, climate control, private outdoor areas, and one vacant unit at delivery.
Property Size1,950 SF
Price / SF$455.90
Days on Market60
Property Features for 11335 Califa St
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Residential Income
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Amenities
washer and dryer
air conditioning
heat
stainless steel appliances
individual yards
Listing Agency:
Equity Union
(424) 600-7620
Listed By:
Peter DiVito · License #01940016
(818) 942-4262
Source:
Exprealty
Added: Aug 26
Changed: Oct 16
Last Checked: Oct 23 at 9:46AM
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 Equity Union
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Investment Insights
Based on property information with market context.
This three-unit multifamily property contains three 1-bedroom, 1-bath residences totaling 1,950 square feet. Each unit includes a washer and dryer, air conditioning, heating, stainless steel appliances, and an individual yard. The property also provides off-street parking. Recent physical improvements include a freshly painted exterior, upgraded electrical panels, and a new roof on the rear house. One unit will be delivered vacant, providing flexibility for an owner-user or an investor evaluating the existing configuration.
The property is in North Hollywood, with the Noho Arts District and Noho West located nearby. Its combination of three similarly configured residences, separate outdoor areas, parking, and updated building components creates a straightforward multifamily layout in a central area.
The property is in North Hollywood, with the Noho Arts District and Noho West located nearby. Its combination of three similarly configured residences, separate outdoor areas, parking, and updated building components creates a straightforward multifamily layout in a central area.
Key Highlights
- Three 1‑bedroom, 1‑bath units totaling 1,950 square feet
- One unit delivered vacant
- Individual yards for all three residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,054
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,080
$681.1K
Cap Rate 7%
$486,486
$486.5K
Cap Rate 9%
$378,378
$378.4K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$52.7K $27.00/SF
− Vacancy
−$4.0K −$2.05/SF
EGI
$48.6K $24.95/SF
− OpEx
−$14.6K −$7.48/SF
NOI
$34.1K $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%
$681,080
Cap Rate 7%
$486,486
Cap Rate 9%
$378,378
Alternative Uses
Best Use
Multifamily LT 5
$486.5K
$425.7K – $567.6K
NOI $34,054 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$448.2K
$392.2K – $523.0K
NOI $31,377 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.04M
$913.5K – $1.22M
NOI $73,082 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,916
Businesses Nearby
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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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom residences include in-unit laundry, climate control, private outdoor areas, and one vacant unit at delivery.
Where is this triplex located?
The property is located at 11335 Califa St North Hollywood, CA.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bath units totaling 1,950 square feet; One unit delivered vacant; Individual yards for all three residences
