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.
Sold for $719,000
Listed by: Homecoin.com • Jonathan Minerick • Contact: 888-400-2513
Bought with: Kasa Homes Realty
$719,000
7825 Troost Ave, North Hollywood, CA 91605
2beds
768sqft
Single Family Residence
Built in 1940
5,459 Square Feet Lot
$778,400 Zestimate®
$936/sqft
$2,891 Estimated rent
Home value
$778,400
$739,000 - $825,000
$2,891/mo
Zestimate® history
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List your homeWhat's special
Alley accessUpdated bathroomsGranite countertopsNew hvac
Zillow last checked:
Listing updated:
Listed by:
Jonathan Minerick DRE #01523060 888-400-2513,
Homecoin.com
Bought with:
Xiomara Garcia, DRE #01201548
Kasa Homes Realty
Source: CRMLS,MLS#: TR23135358
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- Central Air, See Remarks
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 768 sqft
Property
Parking
- Total spaces: 7
- Parking features: Other
- Garage spaces: 5
- Carport spaces: 2
- Covered spaces: 7
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,459 Square Feet
- Features: Back Yard, Front Yard, Landscaped
Details
- Parcel number: 2311015023
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $936/sqft
- Tax assessed value: $733,380
- Annual tax amount: $9,045
- Date on market: 7/22/2023
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2023 | Sold | $719,000$936/sqft |
Source:  CRMLS #TR23135358 Report a problem | ||
| 8/29/2023 | Contingent | $719,000$936/sqft |
Source: CRMLS #TR23135358 Report a problem | ||
| 8/9/2023 | Price change | $719,000-1.4%$936/sqft |
Source: CRMLS #TR23135358 Report a problem | ||
| 8/7/2023 | Price change | $729,000-1.4%$949/sqft |
Source: CRMLS #TR23135358 Report a problem | ||
| 8/1/2023 | Price change | $739,000-2.6%$962/sqft |
Source: CRMLS #TR23135358 Report a problem | ||
| 7/28/2023 | Price change | $759,000-1.3%$988/sqft |
Source: CRMLS #TR23135358 Report a problem | ||
| 7/22/2023 | Listed for sale | $769,000+156.3%$1,001/sqft |
Source: CRMLS #TR23135358 Report a problem | ||
| 3/3/2020 | Sold | $300,000+1400%$391/sqft |
Source: Public Record Report a problem | ||
| 7/26/2019 | Sold | $20,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,045 +1.2% | $733,380 +2% |
| 2024 | $8,938 +10.3% | $719,000 +10.7% |
| 2023 | $8,101 +4.9% | $649,626 +2% |
| 2022 | $7,720 -6.4% | $636,889 +2% |
| 2021 | $8,244 +23% | $624,402 +16.7% |
| 2020 | $6,705 | $535,000 +213.6% |
| 2019 | $6,705 +216.5% | $170,624 +2% |
| 2018 | $2,119 | $167,280 +2% |
| 2017 | $2,119 +2.4% | $164,001 +2% |
| 2016 | $2,069 +6.6% | $160,786 +1.5% |
| 2015 | $1,941 +0.8% | $158,372 +2% |
| 2014 | $1,926 | $155,271 +2.5% |
| 2012 | -- | $151,540 +2% |
| 2011 | -- | $148,569 +0.8% |
| 2010 | -- | $147,460 -0.2% |
| 2009 | -- | $147,812 +2% |
| 2008 | -- | $144,914 +2% |
| 2007 | -- | $142,074 +2% |
| 2006 | -- | $139,290 |
| 2005 | -- | $139,290 +4% |
| 2004 | -- | $133,883 +1.9% |
| 2003 | -- | $131,430 +2% |
| 2002 | -- | $128,854 +7.2% |
| 2000 | -- | $120,200 |
Find assessor info on the county website
Neighborhood: North Hollywood
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Nearby schools
GreatSchools rating
- 5/10Arminta Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Sun Valley Engineering And Technology MagnetGrades: 6-12Distance: 0.8 mi
- 6/10John H. Francis PolytechnicGrades: 9-12Distance: 1.2 mi
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Estimated market value
$778,400
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Estimated market value
$778,400
- California
- Los Angeles County
- Los Angeles
- 91605
- North Hollywood
- 7825 Troost Ave
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