Triplex with Gated
5633 Denny, North Hollywood, CA 91601
For Sale
$1,300,000
Three separate residences offer central air and heat, in-unit laundry, and a mix of two- and three-bedroom layouts.
Property Size3,140 SF
Lot Size0.22 Acres
Price / SF$414.01
Days on Market29
Property Features for 5633 Denny
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
central air and heat
in-unit washer/dryer
power gate
level 2 charging stations
fenced
gated
Building Details
Building Size
Year Built
Listing Agency:
Markarian Realty
Listed By:
Vartan Markarian · License #01059771
(818) 248-8668
Source:
Homesbyclearway
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 3:57PM
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 Markarian Realty
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Investment Insights
Based on property information with market context.
This 1952 triplex contains 3,140 square feet across three residences: one with three bedrooms and two bathrooms, plus two with two bedrooms and two bathrooms each. Central air and heat and washer/dryer hookups are provided in every unit. Property features also include laminate flooring, copper plumbing, a newer roof, a two-car garage, a carport, six parking spaces, and two Level 2 EV charging stations. The property is fenced and gated, and the existing layout may allow consideration of ADUs; no approval or construction status is specified.
The property is in North Hollywood, near Burbank, the NoHo Arts District, and Toluca Lake. NoHo West, parks, schools, supermarkets, and restaurants are within driving distance. The three residences are currently owner-occupied and may be delivered vacant.
The property is in North Hollywood, near Burbank, the NoHo Arts District, and Toluca Lake. NoHo West, parks, schools, supermarkets, and restaurants are within driving distance. The three residences are currently owner-occupied and may be delivered vacant.
Key Highlights
- Three residences: one 3‑bedroom, 2‑bathroom unit and two 2‑bedroom, 2‑bathroom units
- 3,140‑square‑foot building on an approximately 9,455‑square‑foot lot
- Central air and heat and washer/dryer hookups in all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,836
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,720
$1.1M
Cap Rate 7%
$783,371
$783.4K
Cap Rate 9%
$609,289
$609.3K
Market Conditions
NOI Build-Up for 3,140 SF
Gross rent
$84.8K $27.00/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$78.3K $24.95/SF
− OpEx
−$23.5K −$7.48/SF
NOI
$54.8K $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%
$1,096,720
Cap Rate 7%
$783,371
Cap Rate 9%
$609,289
Alternative Uses
Best Use
Multifamily LT 5
$783.4K
$685.5K – $913.9K
NOI $54,836 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$721.8K
$631.6K – $842.1K
NOI $50,525 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,680 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,279
Businesses Nearby
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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
$961,700
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in North Hollywood, CA
Properties on Market for Triplexes in North Hollywood
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences offer central air and heat, in-unit laundry, and a mix of two- and three-bedroom layouts.
Where is this triplex located?
The property is located at 5633 Denny North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three residences: one 3‑bedroom, 2‑bathroom unit and two 2‑bedroom, 2‑bathroom units; 3,140‑square‑foot building on an approximately 9,455‑square‑foot lot; Central air and heat and washer/dryer hookups in all units
