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5328 Auckland Ave
North Hollywood, CA 91601

$1,400,000 USD

Apartments For Sale • 3,318 SF

Property Details

Property Type Apartments
Total Building Size 6,989 SF
Lot Size 0.16 AC
Building Class C
Year Built 1950
Cap Rate 5.30 %
Zoning LARD1.5

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                Offered at $200,000 per unit, providing an approachable entry point into the 91601 multifamily market
                            
                                Four 1BRs and three studios with rents averaging 81% of market, offering meaningful income growth potential
                            
                                6,989 SF LARD1.5-zoned lot offers long-term flexibility and stability for the 7-unit multifamily asset
                            
                                Conveniently located near Toluca Lake Elementary, Walter Reed Middle, and East Valley Senior High, supporting strong tenant appeal

Financial Summary

Cap Rate:

5.30 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	7 min	-	3.0 mi
	7 min	-	3.2 mi
Airport	Drive	Walk	Distance
Bob Hope	9 min	-	3.7 mi
Los Angeles International	36 min	-	25.2 mi
Long Beach (Daugherty Field)	49 min	-	35.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Covered
Included in Rent:	Yes

Edan Shalom 818-414-0282 Centennial Advisers

5328 Auckland Ave North Hollywood, CA 91601