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Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS
$3,500,000
Est. payment /mo
6,956 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB25268150
Style Contemporary
Year Built 2025
Lot Size 6,956 Sqft
Source California Regional MLS
Property Description
TURNKEY NEW CONSTRUCTION 5-UNIT IN TOLUCA LAKE AREA - FULLY OCCUPIED, $20,250/MO RENT COLLECTION - Introducing 5218 Auckland Ave, a brand-new luxury 5-unit property located in the highly desirable Toluca Woods/Toluca Lake pocket of North Hollywood-just moments from Magnolia Park, the NoHo Arts District, studios, shopping, dining, and transit. This charming, tree-lined enclave attracts long-term, high-quality tenants seeking a neighborhood feel with ultimate convenience. Offered at $3,500,000, this NON-RENT-CONTROLLED, fully leased asset delivers $20,250/month in collected rents, making it a rare stabilized new construction investment in one of LA's most competitive rental markets. Even better-tenants pay ALL utilities, keeping operating expenses extremely low. This 2-story luxury build consists of double duplexes plus a stand-alone unit, each designed with modern architecture and premium amenities. Residences feature open-concept layouts, private balconies, top-floor primary suites, large energy-efficient windows, high-end finishes, stainless-steel appliances, central AC/HVAC, and custom mini blinds throughout. Unit Mix: (1) 5 bed / 5 bath (1) 4 bed / 4.5 bath (2) 3 bed / 3.5 bath (1) 2 bed / 2.5 bath. Additional highlights include 8 assigned parking spaces + 1 bonus spot, tena
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Gas Hookup, 30, Other, Washer, Dryer
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 8.0
Pool None
View Local/Neighborhood
Building
Story Three or More Stories
Foundation Concrete Slab
Water Private
Architectural Style Contemporary
Others
Tax ID 2417005008
Special Listing Condition Not Applicable
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