5709 Auckland Avenue
$3,295,000
18
17
7,947
7,947
$415
Description
5709 Auckland Ave! Presenting an exceptional investment opportunity in North Hollywood, immediately adjacent to the City of Burbank! This expansive property boasts an impressive 5.66% 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...5709 Auckland Ave! Presenting an exceptional investment opportunity in North Hollywood, immediately adjacent to the City of Burbank! This expansive property boasts an impressive 5.66% 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!
- Listed by Michael Fitzgerald • DRE #02016898 • Brokerage DRE #01268376 • Power Brokers
- Listed by Isaac Davidi • DRE #01819489 • Brokerage DRE #01819489 • On Track Property
Property Details for 5709 Auckland Avenue
Zoning
LAC2
Parcel Number2415025021
Total Units5.0
Living Area7947
Source Living AreaPlans
AreaNorth Hollywood (NHO)
Vacancy Rate100%
Lot Size Area6216
LISTING UPDATED: 01/02/2025 09:09 AM
Property Details for 5709 Auckland Avenue
Status | Active |
---|---|
MLS # | 24-463773 |
Days on Market | 71 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
Lot Size | 0.14 AC / 6,216 SF |
County | Los Angeles County |
Building Information for 5709 Auckland Avenue
Stories3Residences-Year Built2024Building Size-Lot Size0.14 AC / 6,216 SF
Property Information for 5709 Auckland Avenue
Property History for 5709 Auckland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5709 Auckland Avenue
Taxable ValueLand$717,876Additions$62,424Total$780,300
Tax Record2024$9,635 ($803 / month)
Home Facts
Beds2Total Finished SqFt1,222 SqFtAbove Grade Finished SqFt1,222 SqFtLot Size6,214 SqFtStyleSingle Family ResidenceYear Built1927ZoningLAC2CountyLOS ANGELESAPN2415-025-021
Schools near 5709 Auckland Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Oxnard Street Elementary School PublicK to 5 | ||
Walter Reed Middle School Public6 to 8 | ||
East Valley Senior High School Public9 to 12 | ||
Science Academy STEM Magnet Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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