$10,000 Closing Credit¹
#SR25023519, Hector Palacios, Listing Office: Park Regency Realty
#BB25088693·
Listing office: Myunits.com Inc.·
Listing agent: Lauren Cearley·
Listing office phone: 209-298-6020
$2,350,000 List price
7443 Troost Ave North Hollywood, CA 91605
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 7443 Troost Ave
7443 Troost Ave is a pride-of-ownership fourplex built in 2020 in rapidly gentrifying North Hollywood. A true 6.18% cap rate makes this a standout investment. Since 2020, the owners have continuously improved the property, enhancing both aesthetics and functionality. With pristine landscaping, ideal outdoor space, and modern interiors, this property attracts strong rental demand. No rent control, separate meters, and an incredible price of $2,350,000 make this an obvious choice for passive investors and 1031 exchange buyers. Plus, with one unit vacant and easy to tour, it’s a perfect opportunity for an owner-occupier to live in luxury in a spacious 4-bedroom unit while collecting income from the other three. Each of the four large 4-bed, 4-bath units features sleek finishes, in-unit washer/dryers, and beautifully landscaped outdoor areas. The property includes 8 parking spaces (4 garages + 4 uncovered), all accessed via a convenient back alley. With all-new systems, maintenance is minimal, making this a hassle-free investment. Centrally located near NoHo West, the NoHo Arts District, and Universal Studios, this property offers strong tenant appeal. Residents enjoy access to North Hollywood’s trendiest dining and nightlife, including The Federal Bar, Republic of Pie, Tiki No, Idle Hour, The Brickyard Pub, Groundwork Coffee, and Humble Bird. Plus, with easy access to the Metro Red Line, Burbank Airport, and major freeways, commuting to Hollywood, Downtown LA, and Burbank’s entertainment studios is seamless. Newer construction under $2,500,000 in this market is rare—don't miss out on this incredible opportunity! Act fast!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1521 Acres
Year built2020
MLS #BB25088693
Garage4 spaces
ViewCity Lights, Neighborhood
Summary
- Appliances: Electric Oven, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator
- Flooring Type: Laminate
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- View: City Lights, Neighborhood
- Architectural Style: Modern
- Heating: Central
- Cooling: Central Air
- List Price: $2,350,000
- HOA Amount: $0
- Annual Tax Amount: $31,870
- Tax Year: 2024
- Lot: Landscaped
- Directions: From the 170 Freeway, take the Sherman Way exit east, turn right on Lankershim Blvd, then left on Arminta Street, and right on Troost Avenue to arrive at 7443 Troost Ave—just minutes from NoHo West, the Arts District, and major commuter routes
- Year Built: 2020
- Stories: 2
- Lot Size: 0.1521 Acres
- MLS Number: BB25088693
- MLS Name: CRMLS
- Office Name: Myunits.com Inc.
- Office Phone: (209) 298-6020
- Listing Agent: Lauren Cearley
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,350,000
7443 Troost Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 16, 2020 | Home Sold | $2,147,000 |
| May 23, 2019 | Home Sold | $565,000 |
| Mar 20, 2015 | Home Sold | $226,000 |
| Mar 03, 2006 | Home Sold | $360,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,631,794 | $31,870 |
| 2023 | $2,580,192 | $31,243 |
| 2022 | $2,529,600 | $29,773 |
| 2021 | $2,335,000 | $27,719 |
| 2020 | $576,300 | $1,345 |
| 2019 | $452,499 | $5,491 |
| 2018 | $443,628 | $5,370 |
| 2017 | $434,931 | $5,370 |
History based on county public records data.
Nearby schools
2
Camellia Avenue Elementary School
Public District KG-5
0.2 mi
•7451 Camellia Ave
3
Julie Korenstein Elementary
Public District PK-5
0.5 mi
•7650 Ben Ave
5
Isana Cardinal Academy
Public Charter KG-5
0.6 mi
•7330 Bakman Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,905. The majority of North Hollywood, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
27%
<35k
56%
35k-100k
12%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 7443 Troost Ave in North Hollywood, CA and zip code 91605 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $2,350,000.
Over 395 listings were sold over their listed price in April 2025 in North Hollywood, CA. In the same period over 328 listings were sold below the listed price and 148 listings were sold for the listed price. In April 2025 in North Hollywood, CA there were 10.2% more homes for sale than in March. The median list price of listings available in April 2025 was $896,516, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.