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6455 Troost Ave, North Hollywood

Prime NoHo Opp. Zone 6-Unit

PRE CofO OPPORTUNITY ZONE!! OFF-MARKET, brand new construction 6-unit located 3 minutes from NoHo West. Made up of ALL 4 bed, 3 bath units with large open floor plans, ultra-trendy design, and 10 garage parking spaces. Thanks to its ideal location and unit mix and extreme ease to manage this will be a major draw for renters and master lease tenants for years to come! We project $309,600/yearly income and a whopping 5.92% cap rate! NEARBY 6-UNIT AT 6421 TROOST ALSO AVAILABLE- buy 6 or 12 units!

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:

Other Features:

$3,995,000

6-Unit

For Sale

6

2024

5.92%

12.90

$309,600/Year (Pro Forma)

9,000 sqft

7,502 sqft

$443.89

$665,833

6x 4b/3b

Yes

10 Garage Spaces

Opportunity Zone, All 4b/3b Units

The Highlights

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

  • No rent control!

  • Projected cap rate of 5.92%!

  • Rare and ideal unit mix of ALL 4 bed/3 bath units!

    • Highly rentable and trendy NoHo location!

  • Massive units with premium open floorplans.

  • High end, modern finishes.

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

  • Ultra-low price per door of $665,833.

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

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

  • Located just 3 minutes from the vibrant NoHo West, a mixed-use development, offering a multitude of conveniences such as Trader Joe’s, LA Fitness, Regal Cinema, Starbucks, Ulta, & much more!

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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