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$ 3,595,000
Est. payment | /mo
9,032 SqFt
$ 3,595,000
Est. payment | /mo
9,032 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,032 sqft
Price per Sqft $398
MLS Listing ID CL26661843
HOA Y/N No
Year Built 2024
Lot Size 7,502 Sqft
Acres 0.1722
Property Sub-Type Other
Property Description
Presenting 6455 Troost Ave, a newly constructed 6-unit multifamily property built in 2024, located in the highly desirable North Hollywood submarket of Los Angeles. This exceptional asset generates approximately $22,840 in monthly rental income and $274,080 in annual gross income, offering investors strong cash flow and the benefits of modern construction with minimal maintenance requirements.The property consists of six thoughtfully designed residential units, each featuring spacious floor plans, oversized windows providing abundant natural light, and modern finishes throughout. The residences offer contemporary kitchens, quality appliances, and open living spaces, creating an attractive living environment that appeals to today's renters.As a recently completed development, the property benefits from brand-new construction, modern systems, and low ongoing maintenance, making it an ideal investment for buyers seeking a turnkey asset with strong rental demand and long-term stability.Located in North Hollywood, just minutes from the NoHo Arts District, tenants enjoy convenient access to a vibrant neighborhood known for its restaurants, entertainment venues, theaters, and cafs. The property is also positioned near Burbank's Media District, home to major employers including Warner Bros., Disney, and Universal Studios, making it highly attractive to professionals in the entertainment industry.Additionally, the property offers easy access to major freeways and the Metro Red Line, providing direct connectivity to Hollywood, Downtown Los Angeles, and surrounding employment centers.With strong in-place income, brand-new construction, and a prime North Hollywood location, 6455 Troost Ave represents a rare opportunity to acquire a stabilized, newly built multifamily asset in one of Los Angeles' strongest rental markets.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 2335010012

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Listed by Michael Fitzgerald • Rise Realty
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