5709 Auckland, North Hollywood, CA 91601
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5709 Auckland, North Hollywood, CA 91601
5709 Auckland, North Hollywood, CA 91601
5709 Auckland, North Hollywood, CA 91601
5709 Auckland, North Hollywood, CA 91601
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5709 Auckland North Hollywood, CA 91601

6,216 Sqft Lot


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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID BB26194694

Construction Status Turnkey

HOA Y/N No

Year Built 2024

Lot Size 6,216 Sqft

Property Sub-Type Mixed Use

Property Description

5709 W Auckland is a 2024-built, NON-RENT-CONTROLLED luxury 5-unit investment opportunity located just minutes from the NoHo Arts District. The property is 100% leased at market rents and delivers a strong 5.94% real cap rate with $243,720 in annual gross potential income, offering an investor immediate, stabilized cash flow from day one.

Spanning nearly 8,000 square feet, Auckland features an exceptional oversized unit mix with four large 4-bedroom units and one 2-bedroom unit. The residences range up to an impressive 2,146 square feet and feature spacious, tenant-friendly floorplans that live more like private homes than traditional apartments. Each unit offers high-end modern finishes including large kitchen islands, floor-to-ceiling windows, built-in closets, central HVAC, in-unit Samsung washers and dryers, and expansive private decks and balconies.

The location provides tenants with convenient access to the NoHo Arts District and the surrounding Studio City, Toluca Lake, Burbank, and Hollywood employment and entertainment corridors. Nearby dining, retail, Metro access, and major studios including Universal Studios, Warner Bros., and The Walt Disney Company support a deep renter pool of working professionals seeking newer, higher-end housing in the Valley.

With newer construction, no rent control, fully stabilized market rents, oversized units, and strong day-one income, 5709 W Auckland offers a rare opportunity to acquire a turnkey multifamily asset in one of the Valley's most active rental markets.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features Balcony, Open Floorplan, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Carport Spaces 6

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped, Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 2415025021

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard


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Listed by Cheyenne Womack Myunits.com Inc. 805-973-7470, DRE #02064825

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5709 Auckland