Three-Unit Triplex
For Sale
$1,100,000
11430 Califa ST, North Hollywood, CA 91601
North Hollywood triplex with two larger units and one smaller unit on a single residential lot.
Property Size2,083 SF
Lot Size0.16 Acres
Price / SF$528.08
Days on Market10
Property Features for 11430 Califa ST
General Information
Standard status
Active
Size
2,083 SF
Lot size
0.16 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Building Details
Building Size
2,083 SF
Year Built
1940
Buildings
1
Listing Agency:
Real Brokerage Technologies, Inc.
Listed By:
Andrea Santana · License #02123910
(661) 607-9597
Source:
Benbelack
Added: Sep 14
Changed: Sep 21
Last Checked: Sep 22 at 8:53PM
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 Real Brokerage Technologies, Inc.
Investment Insights
Based on property information with market context.
This 1940-built triplex comprises three residences totaling approximately 2,083 square feet of living area. The unit mix includes two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home, arranged on an approximately 7,000-square-foot lot. The property may be delivered vacant; details regarding that possibility are available from the listing representative.
Located at 11430 Califa ST in North Hollywood, the property is near In-N-Out, NoHo West, and the NoHo Arts District. Nearby destinations include shopping, dining, movies, restaurants, and theaters, providing a range of established neighborhood amenities within the surrounding area.
Located at 11430 Califa ST in North Hollywood, the property is near In-N-Out, NoHo West, and the NoHo Arts District. Nearby destinations include shopping, dining, movies, restaurants, and theaters, providing a range of established neighborhood amenities within the surrounding area.
Key Highlights
- Three‑unit triplex built in 1940
- Approximately 2,083 sq. ft. of total living space
- Unit mix includes two 2‑bedroom, 1‑bath homes and one 1‑bedroom, 1‑bath home
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,377
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$727,540
$727.5K
Cap Rate 7%
$519,671
$519.7K
Cap Rate 9%
$404,189
$404.2K
Market Conditions
NOI Build-Up for 2,083 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$56.2K $27.00/SF
− Vacancy
−$4.3K −$2.05/SF
EGI
$52.0K $24.95/SF
− OpEx
−$15.6K −$7.48/SF
NOI
$36.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$727,540
Cap Rate 7%
$519,671
Cap Rate 9%
$404,189
Alternative Uses
Best Use
Multifamily LT 5
$519.7K
$454.7K – $606.3K
NOI $36,377 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$478.8K
$419.0K – $558.6K
NOI $33,517 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.12M
$975.8K – $1.30M
NOI $78,066 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,749
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
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - North Hollywood triplex with two larger units and one smaller unit on a single residential lot.
Where is this triplex located?
The property is located at 11430 Califa ST North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three‑unit triplex built in 1940; Approximately 2,083 sq. ft. of total living space; Unit mix includes two 2‑bedroom, 1‑bath homes and one 1‑bedroom, 1‑bath home
