$1,000,000
SOLD SEP 30, 2025
6 Beds
3 Baths
2,456 Sq Ft
7,036 Sq Ft Lot

Recently Sold

$407 Per Sq Ft

15% Below List Price

56 Days on Market

Highlights

  • Corner Lot
  • Toluca Lake Elementary School Rated A-
  • 1-Story Property

About This Home

As of September 2025

Fantastic investment opportunity in a prime North Hollywood location! This triplex is zoned LARD 1.5 and sits on a desirable corner lot. Two of the three units are near market rents, with some interior upgrades already completed. The property features a 2-car garage plus three additional parking spaces, providing ample off-street parking. Enjoy a charming outdoor garden area perfect for tenants to relax and unwind. With strong rental potential and located in one of the Valley’s hottest neighborhoods, this is an excellent opportunity for both investors and owner-users. Don’t miss out on this rare North Hollywood gem!

Last Agent to Sell the Property

Edwin Huber

Century 21 Masters Brokerage Phone: 562-419-4942 License #01314032 Listed on: 06/06/2025

Century 21 Masters

Last Buyer's Agent

Edwin Huber

Century 21 Masters Brokerage Phone: 562-419-4942 License #01314032 Listed on: 06/06/2025

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 7,036 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 21
  • Tax Tract Number 6
  • Assessor Parcel Number 2421009001
  • $398 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,700
  • Insurance Expense $3,000
  • Water Sewer Expense $3,900
  • New Taxes Expense $14,347
  • Operating Expense $23,947
  • Gross Income $73,752
  • Net Operating Income $49,805

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.23
  • Property Attached: No
  • Water Sewer Expenses: 3900.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2700.00
  • Parcel Number: 2421009001
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 407.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7036.00
  • Lot Size Acres: 0.1615

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 73752.00
  • Gross Multiplier: 15.93
  • Gross Scheduled Income: 73752.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 7036.0000 Square Feet
  • Net Operating Income: 49805.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 23947.00
  • Rent Control: Yes
  • Total Expenses: 23947.00

Tax Info

  • New Taxes Expense: 14347.00
  • Tax Census Tract: 1255.01
  • Tax Lot: 21
  • Tax Tract Number: 6
  • TaxOtherAnnualAssessmentAmount: 398.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2012
Sold by
Alexander Robert Nick
Bought by
Alexander Robert N and Alexander Maureen F

Purchase Details

Closed on
Feb 12, 2007
Sold by
Westmore Carla Princi
Bought by
Westmore Carla Princi and Carla Princi Westmore Trust

Purchase Details

Closed on
Dec 6, 2001
Sold by
Alexander Robert Nick
Bought by
Alexander Robert Nick
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $1,000,000 -14.9% $407 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $1,175,000 -- $478 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,948 $471,854 $277,320 $194,534
2024 $5,948 $462,603 $271,883 $190,720
2023 $5,838 $453,533 $266,552 $186,981
2022 $5,573 $444,641 $261,326 $183,315
2021 $5,496 $435,923 $256,202 $179,721
2019 $5,336 $422,995 $248,603 $174,392
2018 $5,252 $414,702 $243,729 $170,973
2016 $5,002 $398,600 $234,265 $164,335
2015 $4,931 $392,614 $230,747 $161,867
2014 $4,966 $384,924 $226,227 $158,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25127547

California Regional Multiple Listing Service (CRMLS)

APN: 2421-009-001