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!
Property Type
Residential IncomeCounty
Los AngelesStyle
ModernAD ID
49469274
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Property Appliances: Electric Oven,Freezer,Gas Cooktop,Disposal,Ice Maker,Microwave,Refrigerator
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2020
- Building Area Total: 6,320
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1521
- Lot Size Source: Assessor
- Lot Size Square Feet: 6627
-
Listing Information
Listing Price Information
- Original List Price: 2,350,000
- Listing Contract Date: 2025-04-22
Lease Information
- Listing Agreement: Exclusive Right With Exception
-
Taxes / Assessments
Tax Information
- Parcel Number: 2316014017
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3304
- Directions: From the 170 Freeway, take the Sherman Way exit east, turn right on Lankershim Blvd, then left on Arminta Street, and right on Troost Avenue to arrive at 7443 Troost Ave—just minutes from NoHo West, the Arts District, and major commuter routes
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
- Property SubType: Quadruplex
Building and Construction
- Property Age: 5
- Common Walls: No Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: front
- Levels or Stories: One,Two
- Building Total Stories: 1
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BuyOwner last updated this listing 04/27/2025 @ 01:06
- MLS: BB25088693
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 16 bedrooms which is for sale, it has 6,320 sqft, 6,627 sized lot, and 4 parking. are nearby neighborhoods.