5218 Auckland Avenue, North Hollywood, CA 91601
Local realty services provided by:ERA Excel Realty
5218 Auckland Avenue,Toluca Lake, CA 91601
$3,500,000
- - Beds
- - Baths
- 6,451 sq. ft.
- Townhouse
- Active
Listed by: xio sandoval
Office: century 21 realty masters
MLS#:MB25268150
Source:CRMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$542.55
About this home
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.
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Home facts
- Year built:2025
- Listing ID #:MB25268150
- Added:17 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Living area:6,451 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:2025
- Building area:6,451 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Private
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$542.55
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