4374 Troost Ave - Apartments FOR SALE


Studio City, CA 91604
$4,800,000 USD
818-619-9888
4374 Troost Ave, Studio City, CA for Sale
$4,800,000 USD
Apartments - FOR SALE
1/71
null | 5.19% Cap Rate

4374 Troost Ave
Studio City, CA 91604


HIGHLIGHTS

  • Prime Studio City Location
  • Subterranean Parking
  • Individual APN for Condo Conversion with Condo Map

OVERVIEW

Luxury 6 unit building with condo map in the heart of Studio City. All units have two bedrooms ranging from 1,500 SF to just under 1,900 SF. The penthouse units have a spacious 2nd story loft that overlooks the double height living area and have a private rooftop patio. Each unit features its own private elevator access and exquisite designer touches throughout. Gorgeous hardwood floors, stunning marble accents, wet bars, fireplace and designer lighting. Gourmet kitchens with custom Italian cabinetry, Caesar stone counters, stainless appliances and in unit laundry. The primary suites include a spacious walk-in closet and master bath with dual vanities. Community amenities include controlled access, rooftop deck and secured subterranean parking. Each unit has its own APN (Can be converted to condos and sold for individually for Profit) COO issued 03/08/2012. Property not subject to RSO or AB1482 currently. Mark to Market Cap Rate 5.2%+

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$477 USD /SF

# OF UNITS

6

PRICE/UNIT

$800,000

CAP RATE

5.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2011

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,652 SF

ZONING

LAR3

APN/PARCEL ID

2365-021-062,2365-021-063,2365-021-064,2365-021-065,2365-021-066,2365-021-067

ASK ABOUT THIS PROPERTY

Arthur ChalekianJohnHart CommercialMore Info
818-619-9888

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818-619-9888

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