Three-Unit Residential Income
For Sale
$1,245,000
547 E Woodbury Road, Altadena, CA 91001
Three standalone units on a large parcel with potential to add an ADU, offered with detailed income and floor plans.
Property Size2,288 SF
Lot Size0.44 Acres
Days on Market119
Property Features for 547 E Woodbury Road
General Information
Standard status
Active
Size
2,288 SF
Lot size
0.44 Acres
Property subtype
Triplex
Additional Details
Multifamily Units
3
Building Details
Building Size
2,288 SF
Year Built
1947
Tenancy
Multi
Listing Agency:
Berkshire Hathaway Home Services Golden Properties
Listed By:
Douglas Colliflower · License #01936718
(626) 797-7622
Source:
Archetyperealty
Added: May 12
Changed: Aug 31
Last Checked: Sep 6 at 11:21AM
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 Berkshire Hathaway Home Services Golden Properties
Investment Insights
Based on property information with market context.
This for-sale three-unit income property features three standalone residential units on a large 19,307 SF parcel, with space that may allow for an additional ADU. Overall condition is described as ranging from good to value-add, and the offering includes available income and expense information plus floor plans.
The property is located at 547 E Woodbury Road in Altadena, CA 91001. The neighboring home is also for sale, described as a well-maintained 3-bedroom, 2-bath residence. While the properties are offered separately, they are intended to be sold concurrently, providing flexibility for buyers exploring a combined multi-property investment or compound-style setup.
The property is located at 547 E Woodbury Road in Altadena, CA 91001. The neighboring home is also for sale, described as a well-maintained 3-bedroom, 2-bath residence. While the properties are offered separately, they are intended to be sold concurrently, providing flexibility for buyers exploring a combined multi-property investment or compound-style setup.
Key Highlights
- Three standalone income units on a 19,307 SF parcel
- Potential to add an ADU on the existing large parcel
- Overall condition ranges from good to value‑add, offering room to improve and reposition
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
$39,957
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
3.21%
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%
$799,140
$799.1K
Cap Rate 7%
$570,814
$570.8K
Cap Rate 9%
$443,967
$444.0K
Market Conditions
NOI Build-Up for 2,288 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
$61.8K $27.00/SF
− Vacancy
−$4.7K −$2.05/SF
EGI
$57.1K $24.95/SF
− OpEx
−$17.1K −$7.48/SF
NOI
$40.0K $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%
$799,140
Cap Rate 7%
$570,814
Cap Rate 9%
$443,967
Alternative Uses
Best Use
Multifamily LT 5
$570.8K
$499.5K – $666.0K
NOI $39,957 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$525.9K
$460.2K – $613.6K
NOI $36,816 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,749 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 91001, CA
36,578
Population
13,335
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
4,407
Density / Sq Mi
$133,840
Median Household Income
$64,449
Median Earnings
$2,298
Median Rent
$1,085,000
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 standalone units on a large parcel with potential to add an ADU, offered with detailed income and floor plans.
Where is this triplex located?
The property is located at 547 E Woodbury Road Altadena, CA.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: Three standalone income units on a 19,307 SF parcel; Potential to add an ADU on the existing large parcel; Overall condition ranges from good to value‑add, offering room to improve and reposition
