5709 Auckland Avenue

North Hollywood , CA 91601

MLS#: 24463773

$3,295,000

Status: Active
Listing number: 24463773
Listing provided by: Power Brokers
Listing agent phone: None
Last update: a month ago
On site: 8 months ago
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Property

Beds

18

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

7,947

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 5.69% 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!

Features & Amenities

Interior

  • Total Bedrooms

    18

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Parking

    Attached, Attached Carport, Carport

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1427

  • Property Type

    Residential Income

Price

  • Sales Price

    $3,295,000

  • Sq. Footage

    7, 947

  • Price/SqFt

    $414

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

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Listing Courtesy of Michael Fitzgerald , Power Brokers

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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 5.69% 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!

5709 Auckland Avenue

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