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7825 Troost Ave, Los Angeles, CA 91605
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7825 Troost Ave Los Angeles, CA 91605

$719,000 Sold Price as of 09/19/2023
  • 2 Beds
  • 1 Baths
  • 768 Sq.Ft.
Sold
$719,000 Sold Price as of 09/19/2023 Refinance Your Mortgage
Map preview of 7825 Troost Ave, Los Angeles, CA 91605

Property Overview: 7825 Troost Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 768 living square feet and 5,459 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Jonathan Minerick | BRE #01523060 | Homecoin.com
Last checked: 8 minutes ago | Last updated: September 20th, 2023 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
5,459
HOA Dues
$0/mo
Year built
1940
Garage
5 Car
Property Type:
Single Family Home
Status
Sold
MLS#
TR23135358
City
Los Angeles
County
Los Angeles
Time on Site
285 days

Property Details for 7825 Troost Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • All Bedrooms Down
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Other
Lot Information
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 2311015023
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Tujunga Ave Best route now due to traffic conditions Details 11 min 3.5 miles via Lankershim Blvd 10 min 5.0 miles via CA-170 N
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 7825 Troost Ave

Last sold for $719,000 on September 19th, 2023

  • September, 2023

  • Sep 19, 2023

    Date

    Sold

    CRMLS: TR23135358

    $719,000

    Price

  • Jul 22, 2023

    Date

    Active

    CRMLS: TR23135358

    $769,000

    Price

Tax History for 7825 Troost Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

7825 Troost Ave sold on September 19, 2023 for 39.58% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $936.2 per/sqft which puts the price per square foot 24% higher than the current median sale per square foot for the city of Los Angeles.

About 7825 Troost Ave

Detailed summary of property

7825 Troost Ave is a single family home that recently sold in Los Angeles, CA 91605. This house offered 2 bedrooms, 1 bathrooms, roughly 768 living square feet, and sits on an approximately 5,459 square foot lot. 7825 Troost Ave was first listed on ArdentRealEstateGroup.com on July 22, 2023. The homeowner sold the property for $719,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 39.58% lower than the current median priced home. Local homes that are currently for sale include 7560 Hollywood Blvd #403, 7560 Hollywood #201 and 7560 Hollywood Blvd #109. While the average home in Los Angeles, CA is selling in 96 days, 7825 Troost Ave has a days on market of 25 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 7825 Troost Ave Los Angeles, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7825 Troost Ave

Public county record property details
Beds
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Baths
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Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
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Pool
--
Spa
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County
--
Lot#
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APN
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The source for these homes facts are from public records.

91605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$542
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$562
Total Inventory
42
Median Sale to List Price %
101.26%
Avg Days on Market
19
Loan Type
Conventional (65%), FHA (0%), VA (0%), Cash (15%), Other (10%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 7825 Troost Ave

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6521 Alcove Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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