Active
5709 Auckland Avenue
North Hollywood CA, 91601
$3,295,000
$414.62 per sqft
Active
18 Beds
17 Baths
7,947 sqft
Residential
Built in 2024
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!
24463773
MLSⓇ ID
November 20, 2024
Listed
January 2, 2025
Updated
Map
5709 Auckland Avenue
North Hollywood CA, 91601
Interior Features
Total Stories
1
Bedrooms
18
Total Bathrooms
17
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
NHO - North Hollywood
Days on Market
43
Garage
Yes
Parking
Attached Carport, Carport
Parking Total
8
View
No
County
Los Angeles
Pool
No
Zoning
LAC2
Listed by Michael Fitzgerald, Power Brokers, CA DRE 02016898
Listing Contact: 310-793-6136
Based on information from the CRISNet MLS as of 1/2/2025, 5:49 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
©2025 CRISNet MLS. All rights reserved.