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$4,199,000   Price Analysis
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6455 Troost Ave
North Hollywood, CA 91606
24 bed 18 bath 9,000 SqFt ($466/SqFt)
7,502SqFt lot. Built 2024
Listed 2024-06-19, Taxes $5,509
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

6455 Troost Ave is an OPPORTUNITY ZONE

NON RENT CONTROLLED ultra-premium 2024 6-unit located in ultra trendy North Hollywood, 3 minutes from the countless shops, restaurants and conveniences at NoHo West! This prime 6-unit can be delivered pre-Cert. of Occupancy: a dream come true for Opp. Zone or 1031 exchange buyers. In addition to the massive project, the Seller is developing another 6-unit property down the street that will be completed soon, priced at $3, 950, 000. The properties can be purchased separately or together for $8, 149, 000! 645 5 Troost is made up of ALL large 4-bedroom, 3-bathroom tri-level townhome style units! The property boasts 10 parking spots, all situated behind a security gate that is conveniently accessed by a back alley (highly desirable to tenants). The excellent location, paired with the upscale modern units will make for quick, easy rentals. These premium townhomes feature unbeatable floorcplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, larg waterfall islands, modern glossy cabinets, high ceilings, huge closets, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl and more!

In addition to the high return, buyers will enjoy other perks including tons of parking, designed drought tolerant landscaping, a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water and electric and extreme desirability amongst renters for years to come. This one-of-a-kind opportunity will not last long!


Presented by Elizabeth Maddox at
Myunits.com Inc.
Listing Agent Photo

Property MLS #BB24124650 from CRMLS

Bedrooms: 24

Appliances: Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
Appliances YN: Yes
Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included

Kitchen, Living Room

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 18

Flooring: Vinyl

Lot Description: Landscaped
Lot Size Acres: 0.1722222
Lot Size Source: Assessor
Lot Size Square Feet: 7502

Garage Spaces: 10
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 10

View: City Lights, Neighborhood

Number of Units: 6
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 4
Bedrooms in Unit-5: 4
Bedrooms in Unit-6: 4
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 3
Total Bathrooms in Unit-3: 3
Total Bathrooms in Unit-4: 3
Total Bathrooms in Unit-5: 3
Total Bathrooms in Unit-6: 3
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2
Unit-5 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 1200.00
Maintenance Expense: 2400.00

Tenant Pays: All Utilities

Community Features: Sidewalks

Annual Tax Amount: 50363.00
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.58
Source Property Type: Residential Income
Insurance Expense: 8100.00
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
New Taxes Expense: 50363.00
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 6
Parcel Number: 2335010012
Postal Code Plus 4: 2510
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$84,866 + $361,780
$446,646
$5,509
2021$83,202 + $354,687
$437,889
$5,444
2020$82,349 + $351,051
$433,400
$5,497
2019$80,735 + $344,168
$424,903
$5,285
2018$79,152 + $337,420
$416,572
$5,122
2017$77,600 + $330,804
$408,404
$5,008
2016$77,159 + $308,636
$385,795
$4,723
2015$76,000 + $304,000
$380,000
$4,654
2014$49,143 + $138,915
$188,058
$2,428
2013$48,921 + $138,288
$187,209
$2,429
2012$47,962 + $135,577
$183,539
$2,460
2010$47,022 + $132,919
$179,941
$2,410
2009$46,782 + $132,240
$179,022
$2,324
2009$46,671 + $131,926
$178,597
$2,324
2008$45,865 + $129,648
$175,513
$2,228
2007$44,966 + $127,106
$172,072
$2,154

Listed 2024-06-19
$4,199,000
CRMLS
Listing removed 2022-02-09
$0
CRISNET
Sold 2022-02-08
$1,165,000
CRISNET
Listed 2021-07-28
$1,295,000
CRISNET
Listing removed 2018-10-19
$1,500
CRISNET
Sold 2015-11-17
$380,000
CRISNET
Sold 2014-11-04
$380,000
Public Record
Listed 2014-09-11
$380,000
CRISNET
Listing removed 2009-09-07
$1,500
SoCalMLS
Listing removed 2009-09-07
$1,500
CRISNET
Listed for rent 2009-06-06
$1,500
CRISNET
Listed for rent 2009-06-06
$1,500
SoCalMLS
Sold 1999-04-27
$150,000
Public Record
Sold 1978-05-09
$43,500
Public Record

Net Operating Income: 234153.00

Total Square Feet Living: 9000
Year Built: 2024
Building Features: 3
Common Walls: 1 Common Wall
Direction Faces: East
Entry Level: 1
Entry Location: 1
New Construction: Yes
Property Attached: Yes
Property Condition: Turnkey
Levels or Stories: One, Three Or More
Building Total Stories: 3
Structure Type: Apartment
House Style: Modern
Year Built Source: Builder

Electric: Standard
Electric Expense: 1000.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Victory Boulevard Elementary School is a public elementary school located approximately 0.4 miles away.
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Roy Romer Middle School is a public middle school located approximately 0.6 miles away.
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North Hollywood Senior High School is a public high school located approximately 1.6 miles away.
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Montessori Academy is a private elementary school located approximately 0.2 miles away.
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STEM 3 Academy is a private elementary, middle and high school located approximately 0.2 miles away.
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Or Hachaim Academy is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.