Residential Income Triplex
For Sale
$1,050,000
7745 Radford, North Hollywood, CA 91605
Three detached living units include remodeled ADU comfort, a private yard, and separate utilities for independent use.
Property Size2,400 SF
Days on Market108
Property Features for 7745 Radford
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Building Details
Building Size
2,400 SF
Year Built
1948
Listing Agency:
Mission Group
Listed By:
Monica Hathaway · License #01382216
(562) 572-1197
Source:
Truthrealty
Added: Jul 8
Changed: Oct 19
Last Checked: Oct 23 at 3:26PM
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 Mission Group
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Investment Insights
Based on property information with market context.
This residential income triplex property includes two maintained homes plus a detached garage conversion, creating three separate living spaces. The front home features 2 bedrooms and 1 bathroom and includes a private grassy front yard. A long driveway provides parking.
Behind the main home, the detached ADU was recently remodeled and is configured as a 3-bedroom, 2.5-bathroom home with central air and heat. The ADU has its own separate water, electrical, and gas meters, supporting independent living or rental use.
Additionally, the detached garage has been converted to a 1-bedroom, 1-bathroom living space. The overall layout is well-suited for multi-generational households or buyers seeking flexible rental income potential.
Behind the main home, the detached ADU was recently remodeled and is configured as a 3-bedroom, 2.5-bathroom home with central air and heat. The ADU has its own separate water, electrical, and gas meters, supporting independent living or rental use.
Additionally, the detached garage has been converted to a 1-bedroom, 1-bathroom living space. The overall layout is well-suited for multi-generational households or buyers seeking flexible rental income potential.
Key Highlights
- Two beautifully maintained homes plus a converted detached garage in North Hollywood
- Front house: 2 bedrooms, 1 bathroom, with a private grassy front yard and a long driveway for parking
- Detached remodeled ADU: 3 bedrooms, 2.5 bathrooms with central air and heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,913
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,260
$838.3K
Cap Rate 7%
$598,757
$598.8K
Cap Rate 9%
$465,700
$465.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$64.8K $27.00/SF
− Vacancy
−$4.9K −$2.05/SF
EGI
$59.9K $24.95/SF
− OpEx
−$18.0K −$7.48/SF
NOI
$41.9K $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%
$838,260
Cap Rate 7%
$598,757
Cap Rate 9%
$465,700
Alternative Uses
Best Use
Multifamily LT 5
$598.8K
$523.9K – $698.6K
NOI $41,913 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$551.7K
$482.7K – $643.6K
NOI $38,618 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,947 @ 7.0% cap · market cap 8.57%
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
1,105
Businesses Nearby
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Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
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 - Three detached living units include remodeled ADU comfort, a private yard, and separate utilities for independent use.
Where is this triplex located?
The property is located at 7745 Radford North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two beautifully maintained homes plus a converted detached garage in North Hollywood; Front house: 2 bedrooms, 1 bathroom, with a private grassy front yard and a long driveway for parking; Detached remodeled ADU: 3 bedrooms, 2.5 bathrooms with central air and heat
