6421 Troost Ave, NoHo Arts
NoHo Arts Opp. Zone 6-Unit
OPPORTUNITY ZONE! A massive, architecturally striking brand-new construction 6-unit in the prime NoHo Arts District! This highly elevated, multi-dimensional “triple duplex” boasts a rare unit mix of three massive 4b/4b units, two equally large 3b/3b units, & one 2b/2b unit with 10 parking spots (+ 2 bonus spots). An exceptional rental income potential, we project $288,840/yearly income and a whopping 5.56% cap rate!
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:
$3,749,000
6-Unit
For Sale
6
2024
5.56%
12.98
$288,840/Year (Pro Forma)
9,088 sqft
7,502 sqft
$412.52
$624,833
3 x 4b/4b, 2 x 3b/3b, 1 x 2bx2b
Yes
10 Carport Spaces + 2 Bonus Spots
No
Other Features:
Qualified Opportunity Zone, Rare Six-Unit
The Highlights
Projected cap rate of 5.56%!
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, and 6 submeters for water.
Ultra-low price per door of $624,833.
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
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:
