SOLD
$719,000
Date 09/19/2023

7825 Troost Avenue
Los Angeles, CA 91605

Single Family
Residence
2
Beds
1
Baths
768
Sqft
0.1253
Lot Size
Listing Agent: Jonathan Minerick CalDRE: 01523060 - Homecoin.com
The property just officially appraised over the asking price. This amazing opportunity offers 3 units across 2 structures with 5 car parking, a bonus of 2 studios with 2BR. Nestled near the vibrant NoHo Art district, this beautifully updated house adds tremendous upside value. The property is set up for up to three families living (6 people) or living in one unit and renting two other units or renting all three. Backyard divided in a way that you can use as one but also provide privacy from the tenants. The main unit boasts 2 BD and 1 BR , with updated bathrooms, kitchens, bedrooms, windows, siding, floors, granite countertops and new HVAC. Rental units boast 2 queen beds, 2 ACs/own bathrooms with shower, bathtub 2 fridges and 2 own kitchenettes. Two separate street and alley access with motorized gates, remote code access and security cameras all around the property. Just tented with the 5 years termite warranty. Short Term Rental with a 75% occupancy rate would be around $7,300 of potential revenue per month. Please note the property is currently a very popular short-term rental that is limiting the viewing access and hence longer days on the market.
TR23135358
Single Family, 1 Story
2
Los Angeles
1 Full
1940
0.1253 Acres
Public
1
Public Sewer
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Listing Agent: Jonathan Minerick CalDRE: 01523060 - Homecoin.com
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