Triplex Property with Two
For Sale
$1,250,000
12327 Saticoy Street, North Hollywood, CA 91605
Three living areas combine updated interiors with flexible occupancy options in North Hollywood.
Property Size2,018 SF
Days on Market10
Property Features for 12327 Saticoy Street
General Information
Standard status
Active
Size
2,018 SF
Property subtype
Triplex
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Building Size
2,018 SF
Year Built
1953
Listing Agency:
Equity Union
Listed By:
Jack Kassabian · License #01746030
Source:
Truthrealty
Added: Aug 25
Changed: Sep 2
Last Checked: Sep 1 at 11:50PM
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
Investment Insights
Based on property information with market context.
This triplex property includes a 3-bedroom, 1-bathroom main residence, a converted garage functioning as a junior ADU, and a newly constructed 1-bedroom, 1-bathroom ADU. The primary home has an updated kitchen and bathroom, newer flooring, and recessed lighting. The newer ADU features high ceilings and an open interior arrangement, while the junior ADU adds another distinct living area.
Built in 1953, the property is located in North Hollywood near shopping, dining, schools, transportation, and major freeways. The three-part configuration can accommodate extended household use, guest space, or separately occupied living areas, subject to applicable requirements.
Built in 1953, the property is located in North Hollywood near shopping, dining, schools, transportation, and major freeways. The three-part configuration can accommodate extended household use, guest space, or separately occupied living areas, subject to applicable requirements.
Key Highlights
- Three‑part configuration with a 3‑bedroom main residence, junior ADU, and separate 1‑bedroom ADU
- Main home includes an updated kitchen and bathroom, newer flooring, and recessed lighting
- Newly constructed 1‑bedroom, 1‑bathroom ADU with high ceilings
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
$35,242
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
2.82%
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%
$704,840
$704.8K
Cap Rate 7%
$503,457
$503.5K
Cap Rate 9%
$391,578
$391.6K
Market Conditions
NOI Build-Up for 2,018 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
$54.5K $27.00/SF
− Vacancy
−$4.1K −$2.05/SF
EGI
$50.3K $24.95/SF
− OpEx
−$15.1K −$7.48/SF
NOI
$35.2K $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%
$704,840
Cap Rate 7%
$503,457
Cap Rate 9%
$391,578
Alternative Uses
Best Use
Multifamily LT 5
$503.5K
$440.5K – $587.4K
NOI $35,242 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$463.9K
$405.9K – $541.2K
NOI $32,471 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.08M
$945.4K – $1.26M
NOI $75,630 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
Explore this area
Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three living areas combine updated interiors with flexible occupancy options in North Hollywood.
Where is this triplex located?
The property is located at 12327 Saticoy Street North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑part configuration with a 3‑bedroom main residence, junior ADU, and separate 1‑bedroom ADU; Main home includes an updated kitchen and bathroom, newer flooring, and recessed lighting; Newly constructed 1‑bedroom, 1‑bathroom ADU with high ceilings
