North Hollywood, CA 91605,7443 Troost Avenue
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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

$2,350,000

Est. payment /mo

$2,350,000

Est.Price: ?

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7443 Troost Avenue North Hollywood, CA 91605

16 Beds

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

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

Location

State CA

County Los Angeles

Zoning Assessor

Direction From the 170 Freeway, take the Sherman Way exit east, turn right on Lankershim Blvd, then left on Arminta Street, and right on T

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2316014017

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MLS Router / San Diego MLS
Listed by Lauren Cearley Myunits.com Inc.
Bought with San Diego
Glen Henderson

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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