4248 Troost Ave Studio City, CA 91604
Pending
$1,944,050
28%
4 Units
8 Beds
7 Baths
4,518 Area(sq.ft.)
6,621 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 2,775 | $ 2,775 | $ 2,775 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,695 | $ 2,695 | $ 2,695 |
| Unit 3 | 1 | 2 | 2 | No | $ 1,950 | $ 1,950 | $ 1,950 |
| Unit 4 | 1 | 2 | 1 | No | $ 2,595 | $ 2,595 | $ 2,595 |
| 4 | 4 | 8 | 7 | $ 10,015 | $ 10,015 | $ 10,015 |
| MLS #: | 24-427895 |
| Days On Market: | 84 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 430 |
| Price per unit: | $ 486,013 |
| Year Built: | 1976 |
Property Details
Court is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. Welcome to 4248 Troost, a beautifully maintained 4-unit building. This property features a total of 8-bedrooms and 7-bathrooms. Three of the units are thoughtfully designed with two levels, each boasting 2-bedrooms, 1.5-bathrooms, and a private patio. The fourth unit, located upstairs, is a charming single-level space with 2-bedrooms, 1-bathroom, and its own private balcony. Each unit comes equipped with in-unit laundry and the convenience of two parking spaces, making this an ideal choice for tenants. Situated near a vibrant array of shops, eateries, and major studios, this property offers an unparalleled living experience in a location that combines urban convenience with the tranquility of a residential neighborhood. Whether you're an investor seeking a high-demand rental property or looking for a multi-family home with strong income potential, this Studio City gem is not to be missed. Trust sale, court confirmation required.Interested in this Listing?
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Income Details
| Rent Control: | Yes, 100% |
| Gross Operating Income: | $ 120,180 |
| Total Annual Expense: | $ 45,440 |
| Net Operating Income: | $ 74,740 |
| Gross Annual Income: | $ 120,180 |
| Cap Rate: | 5.3% |
| Gross Rent Multiplier: | 11.61 |
Structure
| Type of Units: | Quadruplex |
| Buildings: | 1 |
| Levels: | Two |
| Style: | Traditional |
| View Description: | None |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Gated, Controlled Entrance, Covered Parking |
Interior
| AC/Cooling: | Other |
| Equipment: | Other |
| Heating: | Other |
Exterior
Detailed Map
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Income
