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Triplex with Flexible Unit Mix
For Sale
$1,100,000

6614 Camellia Avenue, North Hollywood, CA 91606

North Hollywood, CA

Property Size2,081 SF
Lot Size0.16 Acres
Price / SF$528.59
Days on Market260

Property Features for 6614 Camellia Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Kitchen, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 1, Bedroom 3, Bedroom 2
Parking 4
Parking features Covered
Lot features 2-5 Units/ Acre
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Vanowen St
Subdivision NHO - North Hollywood
Standard status Active
APN 2320022010
Size 2,081 SF
Lot size 0.16 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 3
Listing Agency: JohnHart Real Estate
Listed By: Haik Bokhchalian · License #01325511
Added: Jan 22 Changed: Oct 6 Last Checked: Oct 9 at 7:06AM
MLS# SR26020650

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,081-square-foot triplex, built in 1940, contains three separate residential units: two one-bedroom, one-bath residences and one two-bedroom, two-bath residence. The property includes kitchen and laundry areas, central air, and four uncovered parking spaces. Public water and public sewer serve the property, with cable available. The 0.1554-acre site is positioned in North Hollywood near shopping, dining, major studios, and freeway access. Its three-unit configuration provides distinct living spaces within a single multifamily property.

Key Highlights

  • 2,081‑square‑foot triplex on a 0.1554‑acre site
  • Three‑unit mix: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 2‑bath unit
  • Built in 1940 with central air

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,342
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,840 $726.8K
Cap Rate 7%
$519,171 $519.2K
Cap Rate 9%
$403,800 $403.8K
Market Conditions
NOI Build-Up for 2,081 SF
Gross rent
$56.2K $27.00/SF
− Vacancy
−$4.3K −$2.05/SF
EGI
$51.9K $24.95/SF
− OpEx
−$15.6K −$7.48/SF
NOI
$36.3K $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%
$726,840
Cap Rate 7%
$519,171
Cap Rate 9%
$403,800

Alternative Uses

Best Use
Multifamily LT 5
$519.2K
$454.3K – $605.7K (±1% cap)
NOI $36,342 @ 7.0% cap · market cap 3.30%
Second Best
Apartment 5plus
$478.4K
$418.6K – $558.1K (±1% cap)
NOI $33,485 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$1.11M
$974.9K – $1.30M (±1% cap)
NOI $77,991 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Travel Agency Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,558
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include central air, public utilities, and access to shopping, dining, major studios, and freeways.
Where is this triplex located?
The property is located at 6614 Camellia Avenue North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,081‑square‑foot triplex on a 0.1554‑acre site; Three‑unit mix: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 2‑bath unit; Built in 1940 with central air
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