7443 Troost, North Hollywood
Pride-Of-Ownership NoHo 2020 Fourplex
7443 Troost Ave is a 2020-built, pride-of-ownership fourplex in North Hollywood with an assumable $1.1M loan at 2.875% and a 5.77% cap rate. Offering four 4-bed, 4-bath units with modern interiors, in-unit laundry, and landscaped outdoor spaces, it’s a prime investment. No rent control, separate meters, and minimal maintenance make for hassle-free ownership. With strong rental demand, an ideal location near NoHo West, and easy commuting, this $2.49M property is perfect for investors or owner-occupiers!
The Important
Details
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$2,490,000
Fourplex
Pre-Market
4
2020
5.77%
12.97
$192,000
6,320 sqft
6,627 sqft
$393.99
$622,500
4 x 4b/4b
No
4 Garage Spaces, 4 Uncovered Spaces
No
Other Features:
2.875% Assumable Loan, 75% Leased, 5.77% Cap Rate
The Highlights
RARE! ASSUMABLE LOAN of $1,100,000 approximately with a 2.875% rate!
Outstanding actual cap rate of 5.77%! Cash cow! NO RENT CONTROL!
Located in ultra trendy and highly sought after NoHo- A major draw for A+ tenants!
1 vacant unit- a perfect opportunity for owner occupiers to live in luxury while having income from the other 3 units.
One of the best priced luxury 4-unit newer constructions in the NoHo area.
Charming residential, tree-lined street.
Boasts sleek, modern finishes and convenient in-unit laundry.
Ideal unit mix of for 4 beds/4 baths! High income producing property!
All units separately metered. Tenants pay all utilities, making for minimal expenses.
Dream 1031 exchange opportunity. Low maintenance and high return.
Short drive to countless trendy restaurants, shops and entertainment including Amp Coffee LA, Granville, & Warner Bros Studios!
Prime commuter location with easy access to the Metro Red Line and major freeways!
The Neighborhood
<15-Minute Walk
Costco, Jimmys Burgers, El Rey Mexican Grill, Speakeasy fitness, Salsa & Beer, Pop’s Chicken, 7-Eleven, Sandys Tacos, Chiba Japanese Restaurant
<15-Minute Drive
Target, Home Depot, Starbucks, NoHo West, In-N-Out Burger, Trader Joe’s, Burbank Airport, NoHo Arts District, Ralphs, Brews Brother, Republic of Pie
<$15 Uber Ride
Disney Studios, Tujunga Village, Aroma Cafe, Porto's Bakery, Magnolia Park, Vitello's, Bob's Big Boy, The Thirsty Merchant, Whole Foods, Aeirloom Bakery
Contact
Lauren Cearley
213.302.8662
Property Presented By:
