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$ 3,500,000
Est. payment /mo
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5218 Auckland Avenue Toluca Lake (los Angeles), CA 91601
6,451 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 6,451 sqft
Price per Sqft $542
MLS Listing ID CRMB25268150
HOA Y/N No
Year Built 2025
Lot Size 6,956 Sqft
Acres 0.16
Property Sub-Type Townhouse
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
Zoning LARD
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other, Inside
Exterior
View Y/N true
View Other
Building
Lot Description Corner Lot, Back Yard
Water Private
New Construction No
Others
Tax ID 2417005008
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Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS