Property Detail

Description

6455 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,495,000, the property is 100% leased at market rents and delivers a strong 6.15% cap rate with $274,080 in annual rental income, providing immediate stabilized cash flow from day one. Spanning 7,968 square feet across three buildings, Troost is comprised of six spacious 4-bedroom/3-bathroom townhomes ranging from 1,275 to 1,356 square feet. Each residence features large open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, and modern finishes designed to appeal to today’s renters. All utilities are paid for by tenant, helping keep ongoing landlord expenses efficient. 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 $438 per square foot, 6455 Troost offers investors a compelling opportunity to acquire a stabilized, low-maintenance multifamily asset in one of the Valley’s most active rental markets.