UNDER CONTRACT
$150K PRICE DROP
6417 Troost Ave North Hollywood, CA 91606
North Hollywood NeighborhoodEstimated payment $8,758/month
Total Views
2,850
10
Beds
10
Baths
5,004
Sq Ft
$290
Price per Sq Ft
Highlights
- No Units Above
- City Lights View
- Cathedral Ceiling
- Victory Boulevard Elementary School Rated 9+
- Dual Staircase
- Granite Countertops
About This Home
Exceptional 4-unit multifamily property on a gated lot. This unique investment features a front house with 4 beds 2.5 baths that has been split into two. Behind the main house is a three-unit two story apartment building built in 2004, each unit with 2 bed 2 bath. All units have designated 2 car garage with direct access for convenience. Additional highlights include on-site laundry facility that generates extra income for the owner. The property's prime location offers unparalleled access to shopping, dining, and transit options, with the CA-170 Freeway just minutes away for seamless connectivity across the city. It is also a short distance from Los Angeles Valley College, the Burbank airport, and NoHo Art’s District. The surrounding area continues to experience strong rental demand, providing significant upside potential for investors looking to increase rents over time. With a strong tenant base, excellent location, and long-term value appreciation.
Listing Agent
Century 21 Masters Brokerage Phone: 818-631-0223 License #01263236 Listed on: 05/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,016
Year Built
- Built in 2004
Lot Details
- 7,502 Sq Ft Lot
- Property fronts an alley
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wrought Iron Fence
- Fence is in fair condition
- Rectangular Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Automatic Gate
Home Design
- Quadruplex
- Shingle Roof
- Stucco
Interior Spaces
- 5,004 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Cathedral Ceiling
- Blinds
- Window Screens
- Living Room
- City Lights Views
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- All Upper Level Bedrooms
- 10 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Gas Water Heater
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 7455
- Assessor Parcel Number 2335010019
- $688 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,080
- Insurance Expense $1,200
- Pest Control $720
- Trash Expense $3,456
- Water Sewer Expense $6,276
- New Taxes Expense $19,300
- Operating Expense $32,032
- Net Operating Income $78,368
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,016 | $1,113,355 | $586,189 | $527,166 |
| 2024 | $11,016 | $867,823 | $246,726 | $621,097 |
| 2023 | $10,809 | $850,808 | $241,889 | $608,919 |
| 2022 | $10,319 | $834,127 | $237,147 | $596,980 |
| 2021 | $10,169 | $817,773 | $232,498 | $585,275 |
| 2020 | $10,264 | $809,389 | $230,115 | $579,274 |
| 2019 | $9,870 | $793,519 | $225,603 | $567,916 |
| 2018 | $9,699 | $777,961 | $221,180 | $556,781 |
| 2016 | $9,228 | $747,754 | $212,593 | $535,161 |
| 2015 | $9,095 | $736,523 | $209,400 | $527,123 |
| 2014 | $9,144 | $722,097 | $205,299 | $516,798 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $1,450,000 | -3.3% | $290 / Sq Ft |
| 06/14/2025 06/14/25 | Price Changed | $1,500,000 | -6.3% | $300 / Sq Ft |
| 05/04/2025 05/04/25 | For Sale | $1,600,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Old Republic Title | |
| Grant Deed | $189,000 | Commerce Title | |
| Individual Deed | $132,500 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $72,000 | -- | |
| Gift Deed | -- | Old Republic Title Company | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Closed | $700,000 | New Conventional | |
| Closed | $190,000 | Credit Line Revolving | |
| Closed | $639,274 | New Conventional | |
| Closed | $232,000 | Unknown | |
| Previous Owner | $170,100 | No Value Available | |
| Previous Owner | $130,657 | FHA | |
| Previous Owner | $130,936 | FHA | |
| Previous Owner | $131,135 | FHA |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25096770
APN: 2335-010-019
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Based on information from California Regional Multiple Listing Service, Inc. 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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