Remodeled Triplex Investment
For Sale
Contact for pricing
Pending
5451 Troost Ave, North Hollywood, CA 91601
Triplex features two 1-bedroom units and one 2-bedroom unit, with two units delivered vacant and remodeled in 2020.
Property SizeContact for details
Lot Size0.33 Acres
Days on Market150
Property Features for 5451 Troost Ave
General Information
Standard status
Pending
Total Parking Spaces
8
Lot size
0.33 Acres
Property subtype
Multifamily
Zoning
LARD1.5
Additional Details
Cap Rate
4.8%
Highway Access
Yes
Multifamily Units
3
Amenities
laundry room
Building Details
Year Renovated
2020
Tenancy
Multi
Listing Agency:
Rodeo Realty
Listed By:
Ron Tanzman · License #CA 01292685
Source:
Crexi
Added: Apr 11
Changed: Aug 28
Last Checked: Sep 2 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rodeo Realty
Investment Insights
Based on property information with market context.
This triplex is currently configured with two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Two of the units will be delivered vacant, and all remodeled portions were completed in 2020, including new appliances and plumbing and light fixtures, new paint and flooring, shaker cabinets, and a wood paneled ceiling. The property also includes a laundry room, three separate covered garages, and additional space to park at least five more cars. A new roof was installed on both the main building and the parking garage.
The property is located along the Chandler Corridor in North Hollywood, close to freeways, public transportation, and the NoHo District.
Zoning is listed as LARD1.5, which may allow development up to 8 units. The public remarks also note nearby retail activity connected to the anticipated NOHO West shopping center.
The property is located along the Chandler Corridor in North Hollywood, close to freeways, public transportation, and the NoHo District.
Zoning is listed as LARD1.5, which may allow development up to 8 units. The public remarks also note nearby retail activity connected to the anticipated NOHO West shopping center.
Key Highlights
- Triplex with two 1‑bed/1‑bath units and one 2‑bed/1‑bath unit
- Two units will be delivered vacant and were remodeled in 2020 with new appliances, paint, flooring, and cabinetry
- Laundry room, plus three separate covered garages and space to park at least 5 additional cars
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,707
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex features two 1-bedroom units and one 2-bedroom unit, with two units delivered vacant and remodeled in 2020.
Where is this triplex located?
The property is located at 5451 Troost Ave North Hollywood, CA.
What are key features of this property?
This property features: Triplex with two 1‑bed/1‑bath units and one 2‑bed/1‑bath unit; Two units will be delivered vacant and were remodeled in 2020 with new appliances, paint, flooring, and cabinetry; Laundry room, plus three separate covered garages and space to park at least 5 additional cars
