North Hollywood (NHO) Homes with Mixed Use Subtype

North Hollywood (NHO) Homes with Mixed Use Subtype

Welcome to North Hollywood, California—an eclectic gem nestled in the heart of Los Angeles County. Known for its vibrant arts scene, North Hollywood, or NHO as locals affectionately call it, boasts a unique blend of urban charm and suburban comfort. This thriving neighborhood is home to a diverse community, offering a rich tapestry of cultural experiences, trendy eateries, and boutique shops. With its proximity to major studios and entertainment hubs, North Hollywood is a haven for artists and creatives alike.

One of the standout features of this area is its mixed-use real estate opportunities. Homes with a mixed-use subtype in North Hollywood provide an exceptional lifestyle balance, allowing residents to live, work, and play all within a few blocks. Imagine stepping out of your beautifully designed home and finding yourself just moments away from your favorite café, art gallery, or local theater. The mixed-use properties here cater to a dynamic lifestyle, appealing to entrepreneurs, artists, and families seeking convenience and community.

The neighborhood is also well-connected, with easy access to public transportation, including the Metro Red Line, making commuting to downtown LA or other parts of the city a breeze. North Hollywood's commitment to growth and development ensures that residents enjoy modern amenities while preserving the area's historic charm. Whether you're looking for a stylish loft, a cozy bungalow, or a vibrant storefront, North Hollywood's mixed-use homes offer an unparalleled opportunity to immerse yourself in a community that is as dynamic and diverse as you are. Come explore the possibilities that await you in this exciting neighborhood!

Newest North Hollywood (NHO) 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.