$ 3,175,000
-
$3,175,000
Price -
18
Bed -
17
Bath -
7,947
SqFt -
0.14
Acre
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About the Listing BH5345657 - BB42064,BB42774
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.
Listing Highlights for 5709 Auckland
Interior Details
- Bedrooms: 18
- Bathrooms: 17 Full
- Appliances: Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate,Tile
- Basement:
- Other: Balcony,Open Floorplan,Recessed Lighting,Walk-In Closet(s)
- Water: Public
Exterior Details
- Lot Description: Landscaped,Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 10
- Roof:
- Others: Turnkey,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2415025021
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
5709 Auckland North Hollywood, CA 91601
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