Renovated
New
For Sale
$999,000
6727 Camellia Avenue, North Hollywood, CA 91606
Gated access, on-site laundry and separately metered utilities serve this three-residence property.
Property Size1,850 SF
Days on Market4
Property Features for 6727 Camellia Avenue
General Information
Standard status
Active
Size
1,850 SF
Property subtype
Triplex
Building Details
Building Size
1,850 SF
Year Built
1956
Listing Agency:
Keller Williams Realty-Studio City
Listed By:
Akash Saini · License #02010158
(916) 704-4184
Source:
Truthrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:16PM
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 Keller Williams Realty-Studio City
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Investment Insights
Based on property information with market context.
Built in 1956, this three-unit multifamily property occupies an approximately 6,750 SF lot on Camellia Avenue. The site includes gated access, on-site laundry and security cameras. Building features include copper plumbing, a newer roof and separately metered utilities; most of the units have been renovated.
The property must be purchased and closed at the same time as the adjoining four-unit property at 6726 and 6728 Beck Avenue; the parcels will not be sold separately. Together, the two properties comprise seven units on approximately 13,500 SF of land, with frontage on Camellia Avenue and Beck Avenue.
The property must be purchased and closed at the same time as the adjoining four-unit property at 6726 and 6728 Beck Avenue; the parcels will not be sold separately. Together, the two properties comprise seven units on approximately 13,500 SF of land, with frontage on Camellia Avenue and Beck Avenue.
Key Highlights
- Three residential units on an approximately 6,750 SF lot
- Most units renovated; copper plumbing and a newer roof
- Gated access, security cameras and on‑site laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,308
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,160
$646.2K
Cap Rate 7%
$461,543
$461.5K
Cap Rate 9%
$358,978
$359.0K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$50.0K $27.00/SF
− Vacancy
−$3.8K −$2.05/SF
EGI
$46.2K $24.95/SF
− OpEx
−$13.8K −$7.48/SF
NOI
$32.3K $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%
$646,160
Cap Rate 7%
$461,543
Cap Rate 9%
$358,978
Alternative Uses
Best Use
Multifamily LT 5
$461.5K
$403.9K – $538.5K
NOI $32,308 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$425.3K
$372.1K – $496.1K
NOI $29,768 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$990.5K
$866.7K – $1.16M
NOI $69,334 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,663
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Gated access, on-site laundry and separately metered utilities serve this three-residence property.
Where is this triplex located?
The property is located at 6727 Camellia Avenue North Hollywood, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three residential units on an approximately 6,750 SF lot; Most units renovated; copper plumbing and a newer roof; Gated access, security cameras and on‑site laundry
