North Hollywood Homes with Mixed Use Subtype

North Hollywood Homes with Mixed Use Subtype

**Discover North Hollywood: A Vibrant Blend of Urban Charm and Suburban Comfort**

Nestled in the heart of Los Angeles County, North Hollywood is a dynamic neighborhood that perfectly balances the pulse of urban life with the warmth of suburban living. Renowned for its rich cultural scene, North Hollywood boasts a thriving arts district, eclectic dining options, and an abundance of recreational opportunities. With its close proximity to major freeways and the iconic Hollywood sign, this vibrant area is an ideal location for those seeking convenience and creativity.

One of North Hollywood's standout features is its diverse housing market, particularly homes with a mixed-use subtype. These unique properties offer residents the opportunity to enjoy a live-work lifestyle, seamlessly blending residential comfort with commercial potential. Imagine waking up in your chic apartment, stepping downstairs to your own café or boutique, and being part of a community that thrives on creativity and entrepreneurship.

The mixed-use homes in North Hollywood cater to a variety of lifestyles, whether you’re an artist looking for a studio space, a small business owner wanting to establish a local presence, or a family seeking a vibrant community atmosphere. With a mix of modern architecture and charming historic buildings, these homes not only provide functional spaces but also contribute to the artistic flair of the neighborhood.

North Hollywood is not just a place to live; it’s a community where creativity flourishes and opportunities abound. Experience the unique blend of culture, convenience, and community that makes North Hollywood a truly special place to call home.

Newest North Hollywood Homes with Mixed Use Subtype

5709 Auckland, North Hollywood
$3,175,000
BB26194694 MLS ⋅ Active Status
5709 W Auckland is a 2024-built, NON-RENT-CONTROLLED luxury 5-unit investment opportunity located just minutes from the NoHo Arts District. The property is 100% leased at market rents and delivers a strong 5.94% real cap rate with $243,720 in annual gross potential income, offering an investor immediate, stabilized cash flow from day one. Spanning nearly 8,000 square feet, Auckland features an exceptional oversized unit mix with four large 4-bedroom units and one 2-bedroom unit. The residences range up to an impressive 2,146 square feet and feature spacious, tenant-friendly floorplans that live more like private homes than traditional apartments. Each unit offers high-end modern finishes including large kitchen islands, floor-to-ceiling windows, built-in closets, central HVAC, in-unit Samsung washers and dryers, and expansive private decks and balconies. The location provides tenants with convenient access to the NoHo Arts District and the surrounding Studio City, Toluca Lake, Burbank, and Hollywood employment and entertainment corridors. Nearby dining, retail, Metro access, and major studios including Universal Studios, Warner Bros., and The Walt Disney Company support a deep renter pool of working professionals seeking newer, higher-end housing in the Valley. With newer construction, no rent control, fully stabilized market rents, oversized units, and strong day-one income, 5709 W Auckland offers a rare opportunity to acquire a turnkey multifamily asset in one of the Valley's most active rental markets.

5709 Auckland, North Hollywood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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