6455 Troost, North Hollywood, CA 91606

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List Price
$3,585,000
Status
ACTIVE
MLS#
BB26206995
Year Built
2024
Lot Size
7,502
Acres
0.17
Lot Location
Landscaped, Level, Street Level
Days on Market
0
Property Type
Multifamily
Style
Modern
Property Sub Type
Quadruplex
Stories
Three Or More Levels

Property Description

6455 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,585,000, the property is 100% leased at market rents and delivers a strong 5.97% cap rate with $274,080 in annual rental income, providing immediate stabilized cash flow from day one. Spanning 7,968 square feet across three buildings, Troost is comprised of six spacious 4-bedroom/3-bathroom townhomes ranging from 1,275 to 1,356 square feet. Each residence features large open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, and modern finishes designed to appeal to today’s renters. All utilities are paid for by tenant, helping keep ongoing landlord expenses efficient. 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 $449 per square foot, 6455 Troost offers investors a compelling opportunity to acquire a stabilized, low-maintenance multifamily asset in one of the Valley’s most active rental markets.

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Sewer
Public Sewer
Water
Public
Interior Features
Open Floorplan, Recessed Lighting
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$274,080
Operating Expense
51948

Listing courtesy of Listing Agent: Cheyenne Womack (cheyenne@myunits.com) from Listing Office: Myunits.com Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.