Multifamily Property with Central
For Sale
$3,485,000
6421 Troost, North Hollywood, CA 91606
Built in 2024, the property includes a full set of kitchen and laundry appliances.
Property Size9,088 SF
Days on Market27
Property Features for 6421 Troost
General Information
Standard status
Active
Size
9,088 SF
Total Parking Spaces
10
Property subtype
Residential Income
Net Operating Income
$202,203
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Curbs, Street Lights, Sidewalks
Central Air
Central
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Open Floorplan, Recessed Lighting
Neighborhood
Modern
Building Details
Building Size
9,088 SF
Year Built
2024
Buildings
3
Stories
3
Listing Agency:
Myunits.com Inc.
Listed By:
Cheyenne Womack · License #02064825
(805) 973-7470
Source:
Evrealestate
Added: Sep 22
Changed: Oct 7
Last Checked: Oct 16 at 6:54AM
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 Myunits.com Inc.
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Investment Insights
Based on property information with market context.
Completed in 2024, this multifamily property features central air, an open floor plan, and recessed lighting. The appliance package includes a dishwasher, gas oven and range, microwave, refrigerator, washer, and dryer.
The property is in North Hollywood, with access to the 10 Freeway and connections to Downtown Los Angeles, Culver City, and West LA.
The property is in North Hollywood, with access to the 10 Freeway and connections to Downtown Los Angeles, Culver City, and West LA.
Key Highlights
- Built in 2024
- Central air conditioning
- Open floor plan with recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,233
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,924,660
$2.9M
Cap Rate 7%
$2,089,043
$2.1M
Cap Rate 9%
$1,624,811
$1.6M
Market Conditions
NOI Build-Up for 9,088 SF
Gross rent
$289.0K $31.80/SF
− Vacancy
−$23.1K −$2.54/SF
EGI
$265.9K $29.26/SF
− OpEx
−$119.6K −$13.17/SF
NOI
$146.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,924,660
Cap Rate 7%
$2,089,043
Cap Rate 9%
$1,624,811
Alternative Uses
Best Use
Apartment 5plus
$2.09M
$1.83M – $2.44M
NOI $146,233 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.87M
$4.26M – $5.68M
NOI $340,598 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,158
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 2024, the property includes a full set of kitchen and laundry appliances.
Where is this multifamily property located?
The property is located at 6421 Troost North Hollywood, CA.
What is the asking price?
The asking price for this property is $3,485,000.
What are key features of this property?
This property features: Built in 2024; Central air conditioning; Open floor plan with recessed lighting
