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Listed by Elizabeth Maddox • Myunits.com Inc.
$ 2,350,000
Est. payment /mo
New
7443 Troost AVE North Hollywood, CA 91605
6,627 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25088693
Style Contemporary
Originating Board California Regional MLS
Year Built 2020
Lot Size 6,627 Sqft
Property Sub-Type Fourplex
Property Description
7443 Troost Ave is a pride-of-ownership fourplex built in 2020 in rapidly gentrifying North Hollywood. A true 6.18% cap rate makes this a standout investment. Since 2020, the owners have continuously improved the property, enhancing both aesthetics and functionality. With pristine landscaping, ideal outdoor space, and modern interiors, this property attracts strong rental demand. No rent control, separate meters, and an incredible price of $2,350,000 make this an obvious choice for passive investors and 1031 exchange buyers. Plus, with one unit vacant and easy to tour, it's a perfect opportunity for an owner-occupier to live in luxury in a spacious 4-bedroom unit while collecting income from the other three. Each of the four large 4-bed, 4-bath units features sleek finishes, in-unit washer/dryers, and beautifully landscaped outdoor areas. The property includes 8 parking spaces (4 garages + 4 uncovered), all accessed via a convenient back alley. With all-new systems, maintenance is minimal, making this a hassle-free investment. Centrally located near NoHo West, the NoHo Arts District, and Universal Studios, this property offers strong tenant appeal. Residents enjoy access to North Hollywood's trendiest dining and nightlife, including The Federal Bar, Republic of Pie, Tiki No, I
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Rooms
Kitchen Ice Maker, Freezer, Garbage Disposal, Microwave, Other, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Other
Exterior
Garage Spaces 8.0
Pool 31, None
View Local/Neighborhood, City Lights
Building
Story One Story
Water District - Public
Architectural Style Contemporary
Others
Tax ID 2316014017
Special Listing Condition Not Applicable
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