6722 Troost Avenue

    North Hollywood, CA 91606
    • $1,595,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: SR17262412
    Price Reduced
    UPDATED: 38 min ago
    $1,595,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,766
      SQFT
    • $236
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Troost Apartments is a well built 10-unit apartment building located in North Hollywood, California. Set on a 7,802 square foot lot, the 6,766 square foot property offers studio, singles, one- and two-bedroom apartment homes. Built in 1964, the property offers great rental upside, in an excellent rental market, low maintenance, and easy freeway access. Troost Apartments is located along the east side of Troost Avenue between Vanowen Street north and Kittridge Street south, just east of Lankershim Blvd and west of Tujunga Avenue.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T17:29:17.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.kristirobertsgroup.com/homes/78927511

    6722 Troost Avenue North Hollywood, CA 91606

    • Price: $1,595,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: SR17262412
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,766
    SQFT
    $236
    $/SQFT
    1964
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Troost Apartments is a well built 10-unit apartment building located in North Hollywood, California. Set on a 7,802 square foot lot, the 6,766 square foot property offers studio, singles, one- and two-bedroom apartment homes. Built in 1964, the property offers great rental upside, in an excellent rental market, low maintenance, and easy freeway access. Troost Apartments is located along the east side of Troost Avenue between Vanowen Street north and Kittridge Street south, just east of Lankershim Blvd and west of Tujunga Avenue.
    Exterior Features

    Garage Spaces 1.00 Lot Features No Landscaping Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 4400.00 Elevation Units Feet Fuel Expense 1000.00 Gardener Expense 1680.00 Gross Income 120984.00 Gross Operating Income 117355.00 Gross Scheduled Income 120984.00 Insurance Expense 2880.00 Land Lease YN No Laundry YN Yes Licenses Expense 678.00 Maintenance Expense 6049.00 Net Operating Income 68863.00 New Taxes Expense 19140.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 48492.00 Other Expense 1000.00 Other Expense Description Misc Pest Control Expense 601.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 9812.00 Total Expenses 48492.00 Trash Expense 2064.00 Vacancy Allowance 3630 Water Sewer Expense 9000.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Warren Berzack of Lee & Associates.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T17:29:17.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    Kristi Roberts Group, Inc.
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