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$3,295,000
33 Days On Site

5709 Auckland Avenue
North Hollywood, CA 91601

For Sale|Residential Income|Active
18
Beds
17
Full Baths
0
Partial Baths
7,947
SqFt
$415
/SqFt
2024
Built
County:
Los Angeles

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5709 Auckland Avenue5709 Auckland Avenue5709 Auckland Avenue5709 Auckland Avenue
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5709 Auckland Ave! Presenting an exceptional investment opportunity in North Hollywood, immediately adjacent to the City of Burbank! This expansive property boasts an impressive 5.66% pro-forma cap rate, offering investors solid returns in a sought-after location. Offering 5 generously sized units for a total of 18 bedrooms and 17 bathrooms throughout. All 5 units feature large bedrooms and living spaces, open floor plans, and massive windows that flood the space with natural light. Every unit is equipped with custom-designed kitchens, offering a luxurious and modern living experience. The photos speak for themselves! The property includes 8 dedicated parking spaces, all carports, ensuring convenient parking for tenants, an essential feature in the bustling North Hollywood area. Location is a major highlight: just minutes away from the NoHo Arts District, offering tenants easy access to a vibrant neighborhood full of theaters, art galleries, trendy restaurants, and cafes. The property is adjacent to the City of Burbank, giving close access to all Burbank as to offer. It's also near major studios like Universal and Warner Bros., making it attractive to entertainment industry professionals. Additionally, the property is conveniently located close to the Metro Red Line, providing easy access to Downtown LA and surrounding areas. With its spacious units, modern amenities, and prime location, this property is positioned for long-term growth and steady rental demand in one of LA's hottest markets. Don't miss out on this rare opportunity to invest in a high-performing asset in the heart of North Hollywood!

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Listing Snapshot
Price 
$3,295,000
Days On Site 
33 Days
Bedrooms 
18
Inside Area (SqFt) 
7,947 sqft
Total Baths 
17
Full Baths 
17
Partial Baths 
N/A
Lot Size 
0.1427 Acres
Year Built 
2024
MLS® Number 
24463773
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1427
Attached Garage 
Yes
Number Of Stories 
3
Parking 
Attached CarportCarportAttached
Parking Spaces 
8
Property Condition 
New Construction
Special Circumstances 
Standard
SqFt Total 
7947
Stories 
OneMulti/Split
Zoning 
LAC2
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Laminate
Heating 
Central
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Community Features
MLS Area 
NHO - North Hollywood
Listing courtesy of Michael Fitzgerald of Power Brokers
5709 Auckland Avenue, North Hollywood, CA, 91601 Pezzini Luxury Homes
Based on information from the The MLS as of 2024-12-23 02:30 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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