CA > North Hollywood
North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
North Hollywood, CA 91605,7443 Troost Avenue
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Lauren Cearley • Myunits.com Inc.
$2,350,000
Est. payment /mo
6,320 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 6,320 sqft

Price per Sqft $371

MLS Listing ID BB-25088693

Style Modern

Year Built 2020

Lot Size 6,627 Sqft

Property Sub-Type Quadruplex

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, it's 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 Hollywood's 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 Burbank's entertainment studios is seamless. Newer construction under $2,500,000 in this market is rare--don't miss out on this incredible opportunity! Act fast!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central

Flooring Laminate

Fireplaces Type None

Laundry Inside

Exterior

Parking Features Gated

Garage Spaces 4.0

Pool None

Community Features Sidewalks, Street Lights

View Y/N Yes

View City Lights

Building

Lot Description Landscaped

Sewer Public Sewer

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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