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Listed by Lauren Cearley • Myunits.com Inc.
$ 2,350,000
Est. payment | /mo
6,320 SqFt
$ 2,350,000
Est. payment | /mo
6,320 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,320 sqft
Price per Sqft $371
MLS Listing ID CRBB25088693
HOA Y/N No
Originating Board Datashare California Regional
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,
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Inside
Exterior
View City Lights, Other
Building
Lot Description Landscape Misc
Water Public
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