Est. cap rate

1.6%

Assumed rent, all units

$9,080/mo

Units

4

Price per unit

$873,750

Est. annual NOI

$54,480

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

6

Building size

9,088 sqft

Lot size

7,502 sqft

Year built

2024

Stories

3

Garage spaces

0

Style

Modern

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

24

MLS #

247346960

About this property

6455 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,495,000, the property is 100% leased at market rents and delivers a strong 6.15% cap rate with $274,080 in annual rental income, providing immediate stabilized cash flow from day one. Spanning 7,968 square feet across three buildings, Troost is comprised of six spacious 4-bedroom/3-bathroom townhomes ranging from 1,275 to 1,356 square feet. Each residence features large open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, and modern finishes designed to appeal to today’s renters. All utilities are paid for by tenant, helping keep ongoing landlord expenses efficient. Located minutes from the NoHo Arts District and NoHo West, residents enjoy convenient access to dining, shopping, nightlife, the 170 and 101 freeways, and major employment hubs including Universal Studios, Disney, and Warner Bros. With newer construction, full occupancy, strong in-place income, and a competitive $438 per square foot, 6455 Troost offers investors a compelling opportunity to acquire a stabilized, low-maintenance multifamily asset in one of the Valley’s most active rental markets.

Location

6455 Troost

North Hollywood, Los Angeles, CA, 91606