5248 Auckland Ave - Apartments FOR SALE


North Hollywood, CA 91601
$4,195,000 USD
310-728-9969
5248 Auckland Ave, North Hollywood, CA for Sale
$4,195,000 USD
Apartments - FOR SALE
1/7
null | 6.76% Cap Rate

5248 Auckland Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • Stylish New Construction
  • Opportunity Zone Sale
  • Spacious Units with Rooftop Decks

OVERVIEW

Brand new construction in Toluca Terrace! This stylish 7 unit townhome complex offers modern design, space, and functionality on three structures. Features include an open-concept layout, high ceilings, wide-plank flooring, and abundant natural light throughout. The kitchens boast designer appliances, custom cabinetry, and sleek countertops that flow seamlessly into the living and dining areas. The layouts are as follows - 5246 Auckland is a 4 bed 3.5 bath 1869 sf front unit, 5246 1/2 is a 4 bed 3.5 bath 1869 sf front unit. The spacious bedrooms include a primary suite with ample closet space and beautifully finished en-suite baths. These units have ample balconies and a private roof deck with city and mountain views, perfect for entertaining or relaxing. Two parking spaces per unit. 5248 and 5248 1/4 are both 3 bed 3.5 baths 1643 sf units at the rear structure. These units also have spacious balconies, a private roof deck, and two parking spaces per unit. Both structures have a 1 bed 1 bath studio loft that are 635 and 620 sf respectively. The rear structure has a 1 bed 1 bath 437 sf ADU. Prime location near Toluca Lake, NoHo Arts District, and major studios, with easy access to dining, cafes, and freeways. A rare opportunity to acquire brand-new, design-forward townhomes on a quiet cul-de-sac. OPPORTUNITY ZONE ALLOWS FOR INCREDIBLE TAX SAVING INCENTIVES. A MUST SEE!

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

7

PRICE/UNIT

$599,286

CAP RATE

6.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,971 SF

ZONING

R1.5

APN/PARCEL ID

2417-005-014

ASK ABOUT THIS PROPERTY

Michael ShlomofOnward Capital, Inc.More Info
310-728-9969

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Michael ShlomofOnward Capital, Inc.More Info
310-728-9969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.