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6421 Troost Ave, NoHo Arts

NoHo Arts Opp. Zone 6-Unit

OPPORTUNITY ZONE! A massive, architecturally striking brand new construction six-unit in prime NoHo Arts District! This highly elevated, multi-dimensional “triple duplex” boasts a rare unit mix of three massive 4b/4b, two equally large 3b/3b units and one 2b/2b unit! With 10 parking spots all accessed from a back alley way. We project $276,000/yearly income and a whopping 5.09% cap rate!

The Important
Details

List Price:

Property Type:

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# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

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$3,950,000

6-Unit

Pre-Market

6

2024

5.09%

14.31

$276,000/Year (Pro Forma)

8,862 sqft

7,498 sqft

$445.72

$658,333

3x 4b/4b, 2x 3b/3b, 1x 2bx2b

Yes

4 Garage Spaces, 4 Exterior Spaces

Qualified Opportunity Zone, Rare Six-Unit

The Highlights

  • Projected cap rate of 5.09%!

  • Opportunity zone! Major tax benefits (consult a CPA).

  • Ideal unit mix of 4, 3 and 2 bedroom units. 

  • Highly rentable NoHo Arts District location!

  • Massive units with premium open floorplans.

  • High end, modern finishes.

  • No rent control!

  • Tenants pay all utilities (separate meters for gas and electric, 6 submeters for water)

  • Ultra-low price per door of $700,00.

  • Units boast upscale  finishes, including marble top islands, designer tiles, modern glossy cabinets, and natural wood waterproof vinyl.

  • Countless balconies and massive windows throughout, making for light, bright units.

The Neighborhood

<15-Minute Walk

Coffee for Breakfast, In-N-Out, Mofongos, India's Clay Pit, Tiara Street Park, United Children's Learning Academy, New Horizons Charter Academy, Los Burritos, NoHo MMA, "The Room" Live Escape Room

<15-Minute Drive

NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing

<$15 Uber Ride

NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Republic of Pie, 24 Hour Fitness, NoHo West, Trader Joe's, Laemmle NoHo7, North Hollywood Park, The Good Nite, Lawless Brewing

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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