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Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$3,495,000

Est. payment - /mo

7,501 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26206995

Construction Status Turnkey

HOA Y/N No

Year Built 2024

Lot Size 7,501 Sqft

Property Sub-Type Quadruplex

Property Description

6455 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,495,000, the property is 100% leased at market rents and delivers a strong 6.15% 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 $438 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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features Open Floorplan, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Fence New Condition

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Landscaped, Level, Street Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 2335010012

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Cheyenne Womack Myunits.com Inc. 805-973-7470, DRE #02064825

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6455 Troost North Hollywood, CA 91606