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11486 Burbank Boulevard, North Hollywood
$1,200,000
SR26207068 MLS ⋅ Active Status
Value-add office investment with immediate upside, and 23-unit mixed-use redevelopment potential. Two-story, 6-unit office building on a high-traffic stretch of Burbank Blvd in North Hollywood. Two suites are already renovated and leased to established healthcare tenants, with four additional suites ready for lease-up. Rear yard with alley access provides a realistic path to adding dedicated parking. LAC4 zoning with confirmed Transit Oriented Communities (TOC) Tier 3 status and no minimum parking requirement under state law (AB 2097). Approximately 0.5 miles to the North Hollywood Metro Station (B/Red Line + G/Orange Line). This is a living trust sale -- no court confirmation required. The adjacent parcel at 11482 Burbank Blvd is separately available; combined, the two contiguous parcels support up to 23 mixed-use units across 6 stories under confirmed TOC Tier 3 zoning.

11486 Burbank Boulevard, North Hollywood

11482 Burbank Boulevard, North Hollywood
$1,115,000
SR26207014 MLS ⋅ Active Status ⋅ Mater Eats BLDG.
Absolute NNN with actual 5% CAP and 23-unit mixed-use redevelopment potential. Freestanding restaurant building on a high-traffic stretch of Burbank Blvd in North Hollywood. 100% leased under an absolute triple-net (NNN) lease through 12/31/2029 with a 60-month renewal option. Contractual rent growth is locked in via a Fixed Rental Adjustment schedule. Building constructed in 2014. LAC4 zoning with confirmed Transit Oriented Communities (TOC) Tier 3 status and no minimum parking requirement under state law (AB 2097). Approximately 0.5 miles to the North Hollywood Metro Station (B/Red Line + G/Orange Line). This is a living trust sale -- no court confirmation required. The adjacent parcel at 11486 Burbank Blvd is separately available; combined, the two contiguous parcels support up to 23 mixed-use units across 6 stories under confirmed TOC Tier 3 zoning.

11482 Burbank Boulevard, North Hollywood

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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