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… Read More 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. Read Less
Property listed by Rise Realty, Michael Fitzgerald 866-344-7473
Based on information from California Regional Multiple Listing Service, Inc. as of 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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