Corner-Lot Triplex with
For Sale
$1,175,000
12759 Oxnard, North Hollywood, CA 91606
Three residential units include one vacant residence and two tenant-occupied units.
Property Size3,330 SF
Days on Market37
Property Features for 12759 Oxnard
General Information
Standard status
Active
Size
3,330 SF
Total Parking Spaces
4
Property subtype
Triplex
Additional Details
Highway Access
Yes
Building Details
Building Size
3,330 SF
Year Built
1951
Buildings
2
Tenancy
Multi
Listing Agency:
Jack Arkai Inc.
Listed By:
Arka Aklyan · License #01382935
Source:
Archetyperealty
Added: Jul 28
Changed: Aug 23
Last Checked: Sep 2 at 1:31AM
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 Jack Arkai Inc.
Investment Insights
Based on property information with market context.
This triplex includes a vacant, one-story front unit with 2 bedrooms and 1 bath, a newer kitchen, and hardwood flooring. Two additional units are arranged over two stories, with each offering 2 bedrooms and 1 bath; both are currently tenant-occupied. The property sits on a corner lot and includes a detached garage with four-car capacity at the rear.
The garage is accessed from the alley, providing a separate service approach. The property is near Burbank and NOHO West, with access to freeways, public transit, shopping, and eateries. Located at 12759 Oxnard in North Hollywood, the property offers a combination of an available front unit, two occupied units, and detached garage space.
The garage is accessed from the alley, providing a separate service approach. The property is near Burbank and NOHO West, with access to freeways, public transit, shopping, and eateries. Located at 12759 Oxnard in North Hollywood, the property offers a combination of an available front unit, two occupied units, and detached garage space.
Key Highlights
- Triplex with one vacant front unit and two tenant‑occupied units
- Front residence is one story with 2 bedrooms, 1 bath, newer kitchen, and hardwood flooring
- Two additional units are each two stories with 2 bedrooms and 1 bath
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
$58,154
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
4.95%
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%
$1,163,080
$1.2M
Cap Rate 7%
$830,771
$830.8K
Cap Rate 9%
$646,156
$646.2K
Market Conditions
NOI Build-Up for 3,330 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
$89.9K $27.00/SF
− Vacancy
−$6.8K −$2.05/SF
EGI
$83.1K $24.95/SF
− OpEx
−$24.9K −$7.48/SF
NOI
$58.2K $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%
$1,163,080
Cap Rate 7%
$830,771
Cap Rate 9%
$646,156
Alternative Uses
Best Use
Multifamily LT 5
$830.8K
$726.9K – $969.2K
NOI $58,154 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$765.5K
$669.8K – $893.0K
NOI $53,582 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,801 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
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 residential units include one vacant residence and two tenant-occupied units.
Where is this triplex located?
The property is located at 12759 Oxnard North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Triplex with one vacant front unit and two tenant‑occupied units; Front residence is one story with 2 bedrooms, 1 bath, newer kitchen, and hardwood flooring; Two additional units are each two stories with 2 bedrooms and 1 bath
