6455 Troost Avenue
North Hollywood, CA, 91606 $ 3,595,000
Bedrooms24 Baths12.0 Sq 9,032 Monthly Estimate*
$ 22,135
for $3,595,000 with 24 bedrooms and 12 full baths. This 9,032 square foot home was built in 2024 on a lot size of 0.1722.
Presenting 6455 Troost Ave, a newly constructed 6-unit multifamily property built in 2024, located in the highly desirable North Hollywood submarket of Los Angeles. This exceptional asset generates approximately $22,840 in monthly rental income and $274,080 in annual gross income, offering investors strong cash flow and the benefits of modern construction with minimal maintenance requirements.The property consists of six thoughtfully designed residential units, each featuring spacious floor plans, oversized windows providing abundant natural light, and modern finishes throughout. The residences offer contemporary kitchens, quality appliances, and open living spaces, creating an attractive living environment that appeals to today's renters.As a recently completed development, the property benefits from brand-new construction, modern systems, and low ongoing maintenance, making it an ideal investment for buyers seeking a turnkey asset with strong rental demand and long-term stability.Located in North Hollywood, just minutes from the NoHo Arts District, tenants enjoy convenient access to a vibrant neighborhood known for its restaurants, entertainment venues, theaters, and cafs. The property is also positioned near Burbank's Media District, home to major employers including Warner Bros., Disney, and Universal Studios, making it highly attractive to professionals in the entertainment industry.Additionally, the property offers easy access to major freeways and the Metro Red Line, providing direct connectivity to Hollywood, Downtown Los Angeles, and surrounding employment centers.With strong in-place income, brand-new construction, and a prime North Hollywood location, 6455 Troost Ave represents a rare opportunity to acquire a stabilized, newly built multifamily asset in one of Los Angeles' strongest rental markets.
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FeaturesGeneralLiving Area 9032
Heating Central
Cooling Central Air
Appliances Dishwasher Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Year Built 2024
Levels Three Or More
Gross Income 274080
County Los Angeles
Net Operating Income 209129
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions 6455 Troost Ave. North Hollywood CA 91606
City North Hollywood
Senior Community Y/N false
Number Of Units Total 6
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7502
Carport Y/N true
Standard Status Active
Year Built Source Builder
Cap Rate 5.82
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InteriorTotal Stories 10
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 24
Total Baths 18
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ExteriorParking Features Attached Carport Covered Detached Carport Garage Tandem
Total Parking 10
Lot Size Area 7502
Number of Buildings 3
Building Area Total 9032
Lot Dimensions 50x150
Lot Size Acres 0.1722
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* Excluded FeaturesList ByMichael@michaelfitzgeraldrealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $22,135
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in North Hollywood, CA
Average List Price $2,806,735
Percent of Sale Price 22%
About North Hollywood, CA 158,455 Population
0% Since 2002
$ 0 Median Income
0 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $3,595,000 | | Listed Price |