$ 3,400,000
-
$3,400,000
Price -
20
Bed -
19
Bath -
9,088
SqFt -
0.17
Acre
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About the Listing BH5345657 - BB42064,BB42774
6421 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,400,000, the property is 100% leased at market rents and delivers a strong 5.98% 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 Valley’s most active rental markets.
Listing Highlights for 6421 Troost
Interior Details
- Bedrooms: 20
- Bathrooms: 19 Full
- Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Tile,Vinyl
- Basement:
- Other: Open Floorplan,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: Landscaped,Level,Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 10
- Roof:
- Others: Turnkey,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2335010018
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
6421 Troost North Hollywood, CA 91606
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