CA > Toluca Lake
Toluca Lake, CA 91601,5218 Auckland AVE
Toluca Lake, CA 91601,5218 Auckland AVE
Toluca Lake, CA 91601,5218 Auckland AVE
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$3,500,000
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5218 Auckland AVE Toluca Lake, CA 91601

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Julia Kim

Julia Kim

+1(213) 344-7110

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25268150

Construction Status Turnkey

HOA Y/N No

Year Built 2025

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, 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.

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Assigned, Driveway

Carport Spaces 4

Pool None

Community Features Storm Drain(s), Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Corner Lot

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Private

Architectural Style Contemporary

Level or Stories Three Or More

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 2417005008

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by XIO SANDOVAL CENTURY 21 REALTY MASTERS 323-253-5456

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Julia Kim

Julia Kim

Broker Associate | License ID: 01904440

+1(213) 344-7110

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5218 Auckland AVE