$ 3,500,000
-
$3,500,000
Price -
17
Bed -
19
Bath -
6,451
SqFt
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About the Listing 9731 - M44519
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, tenant-preferred layouts with spacious living areas, and the peace of mind of a 1-year builder warranty. Located near Toluca Lake Village, Magnolia Park, and the NoHo Arts District, this area experiences minimal turnover and commands premium rental rates—making this an ideal high-yield, low-maintenance investment. Offered at $3,500,000 – A rare chance to acquire a stabilized, luxury 5-unit in one of LA’s most sought-after neighborhoods.
Listing Highlights
Interior Details
- Bedrooms: 17
- Bathrooms: 19 Full
- Appliances: Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private
Exterior Details
- Lot Description: Back Yard,Corner Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: LARD1.5
- Roof:
- Others: Turnkey,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2417005008
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5218 Auckland Ave Toluca Lake, CA 91601
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