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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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Listed by Cheyenne N. Womack • Myunits.com Inc.
$ 3,175,000
Est. payment /mo
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5709 Auckland North Hollywood, CA 91601

7,947 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 7,947 sqft

Price per Sqft $399

MLS Listing ID BB-26194694

Style Modern

Year Built 2024

Lot Size 6,216 Sqft

Property Sub-Type Commercial/Residential

Source California Regional Multiple Listing Service (CRMLS)

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, Living Room Balcony, Open Floorplan, Recessed Lighting

Heating Central

Flooring Laminate, Tile

Fireplaces Type None

Laundry Dryer Included, Inside, Washer Included

Exterior

Pool None

Community Features Curbs, Sidewalks, Street Lights

View Y/N Yes

Building

Lot Description Landscaped, Level

Sewer Public Sewer


NEARBY SCHOOLS & PROPERTIES

Karen Magon

Karen Magon

Advisor License ID: 02119117

+1(805) 910-7412

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5709 Auckland