6722 Troost Avenue, North Hollywood, CA 91606
Local realty services provided by:ERA North Orange County Real Estate
6722 Troost Avenue,Los Angeles, CA 91606
$1,750,000
- 3 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: casey picard
Office: keller williams realty
MLS#:P1-27092
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,750,000
About this home
Ten-unit value-add opportunity in the heart of North Hollywood with approximately 42% loss-to-lease achievable through renovations. Built in 1964, the property features a 6,766 SF building situated on a 7,801 SF lot. The unit mix consists of (3) 2 Bed / 2 Bath, (3) 1 Bed / 1 Bath, (2) Studio / 1 Bath, and (2) Single / 1 Bath -- providing diverse rental price points and broad tenant demand.The seismic retrofit has been completed with a certificate of compliance issued, removing a major capital and compliance hurdle for incoming ownership. The property includes nine parking spaces in the front and rear, plus an on-site laundry room and parking rent that generate additional ancillary income.Located on a great street within walking distance of the NoHo Arts District, Metro B Line, and the Burbank media employment corridor, 6722 Troost Avenue offers strong in-place fundamentals with substantial mark-to-market upside in one of the San Fernando Valley's most active rental submarkets.North Hollywood is one of the most dynamic rental submarkets in the San Fernando Valley, anchored by the NoHo Arts District -- a cultural hub home to more than 20 professional theaters, galleries, restaurants, breweries, and boutique retail along Lankershim and Magnolia Boulevards.Transit access is a defining advantage of the area. The North Hollywood Metro Station is the terminus of the B Line (Red Line) subway, offering direct service to Hollywood, Universal City, and Downtown Los Angeles, and connects to the G Line (Orange) busway across the Valley. The forthcoming East San Fernando Valley Light Rai...
Contact an agent
Home facts
- Listing ID #:P1-27092
- Added:141 day(s) ago
- Updated:September 30, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:6
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$1,750,000
New listings near 6722 Troost Avenue
- Coming Soon
$3,649,000Coming Soon5 beds 6 baths4,300 sq. ft.4447 N Camellia, Studio City, CA 91602
MLS# 26964275Listed by: COMPASS - Coming Soon
$1,649,000Coming Soon4 beds 6 baths2,369 sq. ft.6729 Radford Avenue, North Hollywood, CA 91606
MLS# 26875249Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - Open Sat, 1 to 3pmNew
$549,000Active3 beds 2 baths1,174 sq. ft.6716 Clybourn, North Hollywood, CA 91606
MLS# BB26211917Listed by: VONKEITH BURBANK - New
$899,000Active3 beds 2 baths1,846 sq. ft.6033 Fulcher Avenue, Los Angeles, CA 91606
MLS# 26994511Listed by: COMPASS - Open Fri, 11am to 1pmNew
$1,088,000Active3 beds 2 baths1,600 sq. ft.6348 Beeman Avenue, Valley Glen, CA 91606
MLS# 226004626Listed by: EQUITY UNION REAL ESTATE - New
$1,150,000Active6 beds 4 baths6708 Whitsett, North Hollywood, CA 91606
MLS# GD26211159Listed by: STARLITE REALTY - New
$795,000Active3 beds 2 baths1,436 sq. ft.13149 Archwood Street, North Hollywood, CA 91606
MLS# 26993953Listed by: CALIFORNIAN ESTATES - New
$899,000Active4 beds 3 baths1,987 sq. ft.12148 Runnymede Street, North Hollywood, CA 91605
MLS# 26993845Listed by: ESTATEX INC. - New
$1,450,000Active10 beds 6 baths4,646 sq. ft.13125 Vanowen Street, North Hollywood, CA 91605
MLS# 26993867Listed by: RODEO REALTY - Open Sat, 1 to 4pmNew
$1,499,000Active3 beds 2 baths1,783 sq. ft.11110 Landale Street, North Hollywood, CA 91602
MLS# NP26210926Listed by: COLDWELL BANKER REALTY