Three-Unit Triplex with Covered
For Sale
$1,100,000
11430 Califa Street, North Hollywood, CA 91601
North Hollywood, CA
Property Size2,083 SF
Lot Size0.16 Acres
Price / SF$528.08
Days on Market8
Property Features for 11430 Califa Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 5, Bedroom 4, Laundry Room, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 3
Parking
1
Parking features
Driveway, Covered, Garage
Interior features
Granite Counters
Appliances
Gas Cooktop, Refrigerator, Gas Oven
Lot features
0-1 Unit/ Acre
Directions
Tujunga Ave and Lakershim Blvd
Subdivision
NHO - North Hollywood
Standard status
Active
APN
2338013016
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
1
Number of units
3
Flooring type
Vinyl
Listing Agency:
Real Brokerage Technologies, Inc.
(619) 248-6434
Listed By:
Andrea Santana · License #02123910
(661) 607-9597
Added: Sep 14
Changed: Sep 19
Last Checked: Sep 21 at 5:06AM
MLS# SR26204965
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This North Hollywood triplex at 11430 Califa Street contains three residential units on an approximately 7,000-square-foot lot. The configuration includes two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home. Built in 1940, the property features granite counters, vinyl flooring, gas cooking appliances, central heating, and central air conditioning. Covered parking, a driveway, and a garage are included.
The property is served by public water and public sewer and is located near In-N-Out, NoHo West, and the NoHo Arts District. The source information also indicates that all three units may be delivered vacant; details are available through the listing representative.
The property is served by public water and public sewer and is located near In-N-Out, NoHo West, and the NoHo Arts District. The source information also indicates that all three units may be delivered vacant; details are available through the listing representative.
Key Highlights
- Three residential units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Approximately 7,000 sq. ft. lot
- Built in 1940
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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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 - Residential income property with two larger units, one smaller unit, central systems, and multiple parking options.
Where is this triplex located?
The property is located at 11430 Califa Street 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 residential units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Approximately 7,000 sq. ft. lot; Built in 1940
