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$ 3,485,000
Est. payment | /mo
15 Beds
14 Baths
7,502 Sqft Lot
$ 3,485,000
Est. payment | /mo
15 Beds
14 Baths
7,502 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26206957
Bedrooms 15
Lot Size 7,502 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
6421 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,485,000, the property is 100% leased at market rents and delivers a strong 5.80% cap rate with $261,480 in annual rental income, providing immediate stabilized cash flow from day one. Spanning 9,088 square feet, Troost features an oversized and highly desirable unit mix ranging from 2 to 4 bedrooms, including two expansive 1,920-square-foot 4-bedroom/4-bathroom residences. Each unit offers spacious open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, balconies, and separately metered utilities, while 10 on-site parking spaces add additional convenience for tenants. Located minutes from the NoHo Arts District and NoHo West, residents enjoy convenient access to dining, shopping, nightlife, the 170 and 101 freeways, and major employment hubs including Universal Studios, Disney, and Warner Bros. With newer construction, full occupancy, strong in-place income, and a competitive $383 per square foot, 6421 Troost offers investors a compelling opportunity to acquire a stabilized, low-maintenance multifamily asset in one of the Valleys most active rental markets.
Location
State CA
County Los Angeles
Zoning Builder
Direction 6421 Troost Ave sits on a quiet street with easy access to the 10 Freeway, Downtown Los Angeles, Culver City, and West LA, suppo
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 2335010018
Listed by Cheyenne Womack, DRE#02064825 Myunits.com Inc.
Co-listed byLauren Cearley • Myunits.com Inc.
Co-listed byLauren Cearley • Myunits.com Inc.
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