5709 Auckland Ave, North Hollywood, CA 91601
5709 Auckland Ave, North Hollywood, CA 91601
5709 Auckland Ave, North Hollywood, CA 91601
5709 Auckland Ave, North Hollywood, CA 91601
5709 Auckland Ave, North Hollywood, CA 91601
5709 Auckland Ave, North Hollywood, CA 91601
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$ 3,195,000
Est. payment | /mo

18 Beds

17 Baths

7,947 SqFt


Save
$ 3,195,000
Est. payment | /mo
Save

18 Beds

17 Baths

7,947 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,947 sqft

Price per Sqft $402

MLS Listing ID 26661817

Bedrooms 18

Construction Status New Construction

Year Built 2024

Lot Size 6,216 Sqft

Acres 0.1427

Property Sub-Type Multi-Family

Property Description

Presenting 5709 Auckland Ave, a fully occupied multifamily investment opportunity located in North Hollywood, immediately adjacent to the City of Burbank. This well-performing asset generates approximately $20,260 in monthly rental income and $244,120 in annual gross income, offering investors a 5.76% cap rate in one of the San Fernando Valley's most desirable rental markets.The property consists of five spacious units totaling 18 bedrooms and 17 bathrooms, featuring large open floor plans, expansive living areas, and oversized windows that bring in abundant natural light. Each residence is designed with modern kitchens, quality finishes, and thoughtfully designed layouts, creating an attractive and comfortable living environment for tenants.Additional property features include eight dedicated carport parking spaces, providing convenient off-street parking for residents a valuable amenity in this high-demand area.The location is a major highlight. The property sits just minutes from the NoHo Arts District, giving tenants access to a vibrant neighborhood filled with restaurants, cafs, theaters, and entertainment venues. It is also conveniently located near Burbank's Media District, home to major employers such as Warner Bros., Universal Studios, and other production studios, making it highly attractive to entertainment industry professionals. The Metro Red Line is also nearby, providing easy access to Hollywood, Downtown Los Angeles, and surrounding employment hubs.With strong in-place income, large unit layouts, and a prime location near major employment centers, 5709 Auckland Ave represents a rare opportunity to acquire a stabilized, income-producing asset in one of Los Angeles' strongest rental markets.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Type None

Equipment Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry In Unit

Exterior

Parking Features Carport, Carport Attached

Garage Spaces 8.0

Building

Story 3

Water Public

Level or Stories Multi/Split, One, Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Rise Realty

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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5709 Auckland Ave

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