North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
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$2,350,000

$2,350,000

Est.Price: ?

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Est. payment /mo

16 Beds

16 Baths

6,627 Sqft Lot


SOLD DATE : 06/13/2025

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB25088693

Sold Date 06/13/25

Bedrooms 16

HOA Y/N No

Lot Size 6,627 Sqft

Property Sub-Type Res Income 2-4 Units

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, its 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 Hollywoods trendiest dining and nightlife, including The Federal Bar, Republic of Pie, Tiki No, Idle Hour, The Brickyard Pub, Groundwork Coffee, and Humble Bird. Plus, with easy access to the Metro Red Line, Burbank Airport, and major freeways, commuting to Hollywood, Downtown LA, and Burbanks entertainment studios is seamless. Newer construction under $2,500,000 in this market is raredon't miss out
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, its 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 Hollywoods trendiest dining and nightlife, including The Federal Bar, Republic of Pie, Tiki No, Idle Hour, The Brickyard Pub, Groundwork Coffee, and Humble Bird. Plus, with easy access to the Metro Red Line, Burbank Airport, and major freeways, commuting to Hollywood, Downtown LA, and Burbanks entertainment studios is seamless. Newer construction under $2,500,000 in this market is raredon't miss out on this incredible opportunity! Act fast!

Location

State CA

County Los Angeles

Area North Hollywood (91605)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $24

Space Rent $4,300

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Lauren Cearley • Myunits.com Inc.
Bought with San Diego
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