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Triplex with Two Accessory Units

22241 Wyandotte St, Los Angeles, CA 91303

For Sale
$1,549,000

Three independent residences offer separate electrical meters and laundry areas, with a combined seven bedrooms and seven bathrooms.

Property Size2,825 SF
Days on Market48

Property Features for 22241 Wyandotte St

General Information

Standard status Active
Size 2,825 SF
Property subtype Investment

Site & Location

Neighborhood Canoga Park

Building Details

Building Size 2,825 SF
Year Built 1956
Stories 1
Units 3
Listing Agency: Pinnacle Estate Properties
Listed By: Jesse Perez · License CA #01414689
Source: Elliman
Added: Sep 29 Changed: Nov 12 Last Checked: Nov 14 at 6:32AM

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 Pinnacle Estate Properties

Rey
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Investment Insights

Based on property information with market context.

This triplex comprises three residences with seven bedrooms and seven bathrooms in total. The front home at 22241 Wyandotte St has three bedrooms, three bathrooms, and approximately 1,358 square feet. Its primary suite includes a private bathroom; renovations include a new roof, windows, doors, air conditioning system, bathrooms, flooring, fixtures, and electrical service panel.

At 22239 Wyandotte St, a newly constructed accessory dwelling unit provides three bedrooms, three bathrooms, and approximately 1,102 square feet, including a primary suite with an en suite bath. A junior accessory dwelling unit at 22241 ½ Wyandotte St adds one bedroom, one bathroom, and approximately 365 square feet. Each residence has its own laundry area and electrical meter. The driveway and parking area can accommodate about six vehicles.

Key Highlights

  • Three separate residences combine for seven bedrooms and seven bathrooms
  • Each home has its own laundry area and separate electrical meter
  • Front home: 3 bedrooms, 3 bathrooms, approximately 1,358 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,335
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,700 $986.7K
Cap Rate 7%
$704,786 $704.8K
Cap Rate 9%
$548,167 $548.2K
Market Conditions
NOI Build-Up for 2,825 SF
Gross rent
$76.3K $27.00/SF
− Vacancy
−$5.8K −$2.05/SF
EGI
$70.5K $24.95/SF
− OpEx
−$21.1K −$7.48/SF
NOI
$49.3K $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%
$986,700
Cap Rate 7%
$704,786
Cap Rate 9%
$548,167

Alternative Uses

Best Use
Multifamily LT 5
$704.8K
$616.7K – $822.3K (±1% cap)
NOI $49,335 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$649.4K
$568.2K – $757.6K (±1% cap)
NOI $45,457 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,563 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

2,057
Businesses Nearby

Demographics for 91303, CA

28,457
Population
11,073
Households
2.6
Avg Household Size
34
Median Age
25%
College-Educated
77%
High-School Grad
2.1 sq mi
ZIP Area
13,551
Density / Sq Mi
$76,051
Median Household Income
$35,649
Median Earnings
$1,983
Median Rent
$645,300
Median Home Value

Market

Average Price Trend$/SF for Triplexes in Los Angeles, CA

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three independent residences offer separate electrical meters and laundry areas, with a combined seven bedrooms and seven bathrooms.
Where is this triplex located?
The property is located at 22241 Wyandotte St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Three separate residences combine for seven bedrooms and seven bathrooms; Each home has its own laundry area and separate electrical meter; Front home: 3 bedrooms, 3 bathrooms, approximately 1,358 square feet
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