For Sale

Listed by Cheyenne Womack and Lauren Cearley from The 2-4 Unit Specialists

Source: San Diego MLS #BB26206957

6421 Troost Avenue, Los Angeles, CA, 91606

$3,485,000

15
14
7502 sq. ft.

MultiFam

•

30+ days on the market

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About this property

6421 Troost Ave󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,485,000, the property is 100% leased at market rents and delivers a strong 5.80% 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 Valleys most active rental markets. 6421 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,485,000, the property is 100% leased at market rents and delivers a strong 5.80% 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 Valleys most active rental markets.

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