6455 Troost Ave, North Hollywood
Prime NoHo 6-Unit Fully Leased
FULLY LEASED new construction 6-unit in prime North Hollywood leased at a real 5.97% cap rate! This highly elevated “triple duplex” features six spacious 4b/3b townhome-style units, all leased at market rents, plus 11 on-site parking spaces. Generating $274,080 in annual rental income with zero loss-to-lease, the property offers strong stabilized cash flow from day one. Modern interiors, large open floorplans, in-unit laundry, central HVAC, private balconies, and separately metered utilities make this a truly turnkey, low-maintenance investment just minutes from the NoHo Arts District.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Rent Control:
$3,585,000
6-Unit
Pre-Market
6
2024
5.97%
13.08
$274,080
7,968 sqft
7,502 sqft
$449.82
$597,500
6x 4b/3b
Yes
11 Parking Spaces
No
Other Features:
Fully Leased, All 4b/3b Units, Rare 6-Unit
The Highlights
100% leased 6-unit investment in prime North Hollywood, generating $22,840 in monthly rental income / $274,080 annually with zero loss-to-lease.
Strong 5.97% cap rate at the $3,585,000 asking price, offering attractive in-place cash flow from day one.
7,968 SF of building area across three buildings on a 7,502 SF lot, providing substantial residential square footage at approximately $449/SF.
Desirable all 4-bedroom/3-bathroom unit mix, with six spacious townhome-style residences ranging from 1,275 to 1,356 SF and all units currently leased at market rents.
Modern, tenant-friendly interiors featuring sleek kitchens and bathrooms, large open floorplans, central HVAC, in-unit washers/dryers, and private balconies.
Separately metered for all utilities, helping minimize landlord operating responsibilities and keep expenses efficient.
11 on-site parking spaces paired with a spacious unit mix designed to appeal to roommates, families, and working professionals.
Prime North Hollywood location minutes from the NoHo Arts District, NoHo West, Studio City, Burbank, Universal Studios, Disney and Warner Bros., supporting strong rental demand from entertainment and creative-industry professionals.
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
Disney Studios, Tujunga Village, Aroma Cafe, Porto's Bakery, Target, Magnolia Park, Vitello's, Bob's Big Boy, The Thirsty Merchant, Whole Foods, Aeirloom Bakery, Forman's Whiskey Tavern, Jinya Ramen
Contact
Lauren Cearley
213.302.8662
Property Presented By:
