Ten-unit value-add opportunity in the heart of North Hollywood with approximately 42% loss-to-lease achievable through renovations. Built in 1964, the property features a 6,766 SF building situated on a 7,801 SF lot. The unit mix consists of (3) 2 Bed / 2 Bath, (3) 1 Bed / 1 Bath, (2) Studio / 1 Bath, and (2) Single / 1 Bath — providing diverse rental price points and broad tenant demand.The seismic retrofit has been completed with a certificate of compliance issued, removing a major capital and compliance hurdle for incoming ownership. The property includes nine parking spaces in the front and rear, plus an on-site laundry room and parking rent that generate additional ancillary income.Located on a great street within walking distance of the NoHo Arts District, Metro B Line, and the Burbank media employment corridor, 6722 Troost Avenue offers strong in-place fundamentals with substantial mark-to-market upside in one of the San Fernando Valley’s most active rental submarkets.North Hollywood is one of the most dynamic rental submarkets in the San Fernando Valley, anchored by the NoHo Arts District — a cultural hub home to more than 20 professional theaters, galleries, restaurants, breweries, and boutique retail along Lankershim and Magnolia Boulevards.Transit access is a defining advantage of the area. The North Hollywood Metro Station is the terminus of the B Line (Red Line) subway, offering direct service to Hollywood, Universal City, and Downtown Los Angeles, and connects to the G Line (Orange) busway across the Valley. The forthcoming East San Fernando Valley Light Rail and the transformative District NoHo — a 15-acre transit-oriented development bringing 1,500+ residential units, office, and retail to the station — are expected to materially lift values and rental demand throughout the trade area.The submarket also benefits from its proximity to the Burbank Media District — home to Warner Bros., Disney, and NBCUniversal — and quick access to the 170, 134, 101, and 5 freeways, placing tenants within a short commute of Downtown LA, the Westside, Glendale, and Pasadena. Strong renter demographics and a persistent supply-demand imbalance have supported consistent rent growth across both renovated and classic product.
Property Details
Price:
$1,800,000
MLS #:
P1-27092
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
nhonorthhollywood
Listed Date:
May 11, 2026
Total Sq Ft:
6,735
Lot Size:
7,801 sqft / 0.18 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Appliances
NO
Cooling
WW
Heating
WL
Interior Features
_2STR
Laundry Features
CM
Exterior
Common Walls
NCW
Community Features
SDW
Fencing
WI
Garage Spaces
2
Parking Spots
9
Parking Total
9
Spa Features
NO
View
NO
Financial
Maintenance Fee
$5,000
Map
Community
- Address6722 Troost AV Los Angeles CA
- SubdivisionNot Applicable
- CityLos Angeles
- CountyLos Angeles
- Zip Code91606
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 16, 2026
7,322
Single Family Listed
82
Avg DOM
433
Avg $ / SqFt
$1,708,934
Avg List Price
Property Summary
- Located in the Not Applicable subdivision, 6722 Troost AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 91606. It is listed for $1,800,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1964. The average price per square foot for Single Family listings in Los Angeles is $433. The average listing price for Single Family in Los Angeles is $1,708,934.
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6722 Troost AV
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