
5709 Auckland Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $18,721/month
Highlights
- New Construction
- Tankless Water Heater
- Central Heating and Cooling System
- Solar Power System
- Attached Carport
- 4-minute walk to Whitnall Off-Leash Dog Park
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,635
Year Built
- Built in 2024 | New Construction
Home Design
- Split Level Home
Interior Spaces
- 7,947 Sq Ft Home
- 3-Story Property
- Laminate Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 18 Bedrooms
- 17 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 8 Parking Spaces
- Attached Carport
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Additional Features
- Solar Power System
- 6,216 Sq Ft Lot
Community Details
- 2 Buildings
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 2415-025-021
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $9,635 | $795,905 | $732,233 | $63,672 |
2024 | $9,635 | $780,300 | $717,876 | $62,424 |
2023 | $9,449 | $765,000 | $703,800 | $61,200 |
2022 | $4,973 | $403,679 | $316,320 | $87,359 |
2021 | $4,910 | $395,765 | $310,118 | $85,647 |
2020 | $4,957 | $391,708 | $306,939 | $84,769 |
2019 | $4,765 | $384,028 | $300,921 | $83,107 |
2018 | $780 | $55,108 | $31,864 | $23,244 |
2016 | $731 | $52,971 | $30,628 | $22,343 |
2015 | $721 | $52,176 | $30,168 | $22,008 |
2014 | $732 | $51,155 | $29,578 | $21,577 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/20/2024 11/20/24 | For Sale | $3,295,000 | +339.3% | $415 / Sq Ft |
02/10/2022 02/10/22 | Sold | $750,000 | +15.4% | $614 / Sq Ft |
01/19/2022 01/19/22 | Pending | -- | -- | -- |
01/19/2022 01/19/22 | For Sale | $650,000 | -- | $532 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $750,000 | Chicago Title | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,900,000 | New Conventional |
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Source: The MLS
MLS Number: 24-463773

APN: 2415-025-021
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