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!
This property is $2.2M more than the Median Sold Price and $226/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24463773
Listing Office:
Office Name: Power Brokers
Office Phone: (424) 738-5900
Listing Agent: Michael Fitzgerald
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,910
$395,765
2020
$4,765
$391,708
2019
$780
$384,028
2018
$762
$55,108
2017
$762
$54,029
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oxnard Street Elementary School
10912 Oxnard St
Distance between this listing and this school0.57 miles
Public District Grades KG-5
6
/10
Bret Harte Elementary
3200 W Jeffries Ave
Distance between this listing and this school0.96 miles
Public District Grades KG-5
6
/10
Toluca Lake Elementary
4840 Cahuenga Blvd
Distance between this listing and this school1.03 miles
Public District Grades PK-5
Nearby Schools
7
/10
Luther Burbank Middle School
3700 W Jeffries Ave
Distance between this listing and this school0.67 miles
Public District Grades 6-8
5
/10
New Horizons Charter Academy
5955 Lankershim Blvd
Distance between this listing and this school1.34 miles
Public Charter Grades KG-8
6
/10
Walter Reed School
4525 Irvine Ave
Distance between this listing and this school2.06 miles
Public District Grades 6-8
Nearby Schools
6
/10
Burbank Unified Independent Learning Academy (Buila)
3715 Allan Ave
Distance between this listing and this school0.62 miles
Public District Grades 7-12
9
/10
Science Academy STEM Magnet
5525 Vineland Ave
Distance between this listing and this school0.66 miles
Public Magnet Grades 6-11
3
/10
East Valley High School
5525 Vineland Ave
Distance between this listing and this school0.66 miles
The neighbors living near this home have an average income of $63,079. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5709 Auckland Ave
What is the listing price of this property?
The listing price of 5709 Auckland Ave property is $3,295,000.
What type of property is this?
The property 5709 Auckland Ave is a house located in North Hollywood, California, 91601.
Is this property for sale now?
Active Listing: 5709 Auckland Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,910 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5709 Auckland Ave has 18 bedrooms and 17 bathrooms.
What is the square footage of this property?
The property 5709 Auckland Ave is 7,947 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5709 Auckland Ave is 2024.
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This home is located at 5709 Auckland Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. This 7,947 square foot home, which was built in 2024, sits on a 0.14 acre lot. Features: 18 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $3,295,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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