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7825 Troost Avenue
Los Angeles, CA 91605
Sold
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.
PROPERTY INFORMATION
| MLS # | TR23135358 | Lot Size | 5,459 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 719,000
Price Per SqFt: $ 936 |
DOM | 650 Days |
| Address | 7825 Troost Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 768 Sq. Ft. |
| Postal Code | 91605 | Garage | N/A |
| County | Los Angeles | Year Built | 1940 |
| Bed / Bath | 2 / 1 | Parking | 7 |
| Built In | 1940 | Status | Closed |
| Sold Date | 2023-09-19 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Electric Dryer Hookup, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Room Information | All Bedrooms Down |
| Has Cooling | Yes |
| Cooling Information | Central Air, See Remarks |
| EntryLocation | 1 |
| Entry Level | 1 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 78 (Very Walkable)
Transit Score: 47 (Some Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $767
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/09/2023 | Price Change | $719,000 (-1.37%) |
| 08/07/2023 | Price Change | $729,000 (-1.35%) |
| 08/01/2023 | Price Change | $739,000 (-2.64%) |
| 07/28/2023 | Price Change | $759,000 (-1.30%) |
| 07/22/2023 | Listed | $769,000 |
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(844)-333-8033
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Listing provided courtesy of Jonathan Minerick, Homecoin.com. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
