7825 Troost Avenue, Los Angeles, CA 91605
Single-family home
Sold September 2023
Listing Agent: Jonathan Minerick (DRE #01523060) · Listing Office: Homecoin.com · Contact: 888-400-2513 · Bought with: Xiomara Garcia · Kasa Homes Realty · MLS #TR23135358 · Source: CRMLS
About this single-family home
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.
Listing description from the September 2023 sale, as reported to CRMLS.
Sale history