NOT LISTED FOR SALE

4248 Troost Ave Studio City, CA 91604

Estimated Value: $1,779,310 - $1,941,000

8 Beds
7 Baths
4,518 Sq Ft
$413/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $1,851,000 $410 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,513/month

84 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • Controlled Entrance
  • North Hollywood Senior High School Rated A

About This Home

As of January 2025

Court is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. Welcome to 4248 Troost, a beautifully maintained 4-unit building. This property features a total of 8-bedrooms and 7-bathrooms. Three of the units are thoughtfully designed with two levels, each boasting 2-bedrooms, 1.5-bathrooms, and a private patio. The fourth unit, located upstairs, is a charming single-level space with 2-bedrooms, 1-bathroom, and its own private balcony. Each unit comes equipped with in-unit laundry and the convenience of two parking spaces, making this an ideal choice for tenants. Situated near a vibrant array of shops, eateries, and major studios, this property offers an unparalleled living experience in a location that combines urban convenience with the tranquility of a residential neighborhood. Whether you're an investor seeking a high-demand rental property or looking for a multi-family home with strong income potential, this Studio City gem is not to be missed. Trust sale, court confirmation required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 09/23/2024

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Brian Joy

Berkshire Hathaway HomeServices California Properties License #01324371

Last Buyer's Agent

Alexander Masket

Compass License #02004958

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x133

Home Design

  • Quadruplex
  • Traditional Architecture

Interior Spaces

  • 4,518 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • Covered Parking
  • Gated Parking
  • Controlled Entrance

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2365-024-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4518
  • Lot Acreage: 0.1504
  • Lot Dimensions: 50x133
  • Probate: Yes
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 430.29

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Gated, Controlled Entrance, Covered Parking
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 65.94
  • Assessed Improvement Value: 551932
  • Assessed Land Percent: 34.06
  • Assessed Land Value: 285149
  • Total Assessed Value: 837081
  • Assessor Parcel Number: 2365-024-024
  • Lot Size Area: 6621

Rental Info

  • Court Approve: Yes
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.61
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Quadruplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Peggy Irma Shields Forster Trust and Movsesian Shoushan
Bought by
4248 Troost Ave Llc
Current Estimated Value
$1,865,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 1994
Sold by
Forster Peggy Shields
Bought by
Forster Peggy Irma Shields
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4248 Troost Ave Llc $1,851,000 Chicago Title Company
4248 Troost Ave Llc $1,851,000 Chicago Title Company
Forster Peggy Irma Shields -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4248 Troost Ave Llc $1,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $1,851,000 -4.8% $410 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $1,944,050 0.0% $430 / Sq Ft
09/23/2024 09/23/24 For Sale $1,944,050 +39.4% $430 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $1,395,000 -- $309 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,808 $1,377,000 $918,000 $459,000
2024 $10,808 $853,821 $290,851 $562,970
2023 $10,604 $837,081 $285,149 $551,932
2022 $10,123 $820,668 $279,558 $541,110
2021 $9,978 $804,577 $274,077 $530,500
2019 $9,685 $780,715 $265,949 $514,766
2018 $9,560 $765,408 $260,735 $504,673
2016 $9,102 $735,688 $250,611 $485,077
2015 $8,972 $724,638 $246,847 $477,791
2014 $9,020 $710,444 $242,012 $468,432
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2025

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    3 in this area

    220 Total Sales

    Nancy Sanborn
    Section Image
  • Brian Joy

    Seller Co-Listing Agent in 2025

    Brian Joy

    Berkshire Hathaway HomeServices California Properties

    (818) 590-7303

    4 in this area

    205 Total Sales

    Brian Joy
    Section Image
  • Alexander Masket

    Buyer's Agent in 2025

    Alexander Masket

    Compass

    (310) 402-5665

    2 in this area

    31 Total Sales

    Alexander Masket
    Section Image
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Map

Source: The MLS

MLS Number: 24-427895

The MLS

APN: 2365-024-024

California Los Angeles County Studio City 91604

4248 Troost Ave, Studio City, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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