North Hollywood Homes with Mixed Use Subtype

North Hollywood Homes with Mixed Use Subtype

Welcome to North Hollywood, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its eclectic blend of arts, culture, and community spirit, North Hollywood is a dynamic locale that attracts residents and visitors alike. The area boasts a unique charm, characterized by its rich history and modern developments. With its proximity to major studios and entertainment hubs, North Hollywood is a haven for creatives and professionals seeking a lively urban lifestyle.

One of the standout features of this neighborhood is its diverse housing market, particularly the availability of homes with a mixed-use subtype. These properties offer a fantastic opportunity for those looking to combine living and working spaces seamlessly. Imagine stepping out of your stylish residence and finding yourself just steps away from your favorite café or boutique. Mixed-use homes in North Hollywood provide the perfect blend of convenience and comfort, allowing residents to enjoy a vibrant lifestyle without sacrificing the tranquility of home.

North Hollywood's mixed-use properties often feature modern amenities, open floor plans, and the potential for commercial spaces that can be tailored to your needs. Whether you're an artist looking for a studio, an entrepreneur wanting a storefront, or simply someone who appreciates the buzz of city life, these homes offer unparalleled flexibility.

With its rich cultural scene, including the iconic NoHo Arts District, farmers markets, and local festivals, North Hollywood is more than just a place to live – it’s a community where creativity thrives. Explore the possibilities of mixed-use living in North Hollywood and discover a lifestyle that truly embodies the spirit of Los Angeles.

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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