$ 3,295,000
-
$3,295,000
Price -
18
Bed -
16
Bath -
7,947
SqFt
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About the Listing CLW-X75379 - CLW-C125316,CLW-X92246
Fully Occupied! Presenting, 5709 Auckland Ave., an exceptional investment opportunity in North Hollywood, immediately adjacent to the City of Burbank! This expansive property boasts an impressive 5.7% 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!
Listing Highlights for 5709 Auckland Ave
Status
Active
Days on Site
290
Property Type
Multi-Family
MLS ®
24463773
Year Built
2024
Total Square Footage
7,947
Lot/Acreage
0.14
County
Los Angeles
Interior Details
- Bedrooms: 18
- Bathrooms: 16 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Carport,Attached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2415025021
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5709 Auckland Ave North Hollywood, CA 91601
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