6421 Troost Ave is a 2024-built, 6-unit investment opportunity in prime North Hollywood. Offered at $3,400,000, the property is 100% leased at market rents and delivers a strong 5.98% cap rate with $261,480 in annual rental income, providing immediate stabilized cash flow from day one.
Spanning 9,088 square feet, Troost features an oversized and highly desirable unit mix ranging from 2 to 4 bedrooms, including two expansive 1,920-square-foot 4-bedroom/4-bathroom residences. Each unit offers spacious open floorplans, sleek kitchens and bathrooms, central HVAC, in-unit laundry, balconies, and separately metered utilities, while 10 on-site parking spaces add additional convenience for tenants.
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 $383 per square foot, 6421 Troost offers investors a compelling opportunity to acquire a stabilized, low-maintenance multifamily asset in one of the Valley's most active rental markets.
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Prior to Oct 16, '26
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$3,485,000
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| Oct 16, '26 - Today |
$3,400,000 |
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/24/26 1:10 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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