NOT LISTED FOR SALE

5327 Auckland Ave Los Angeles, CA 91601

North Hollywood Neighborhood
2 Beds
3 Baths
5,243 Sq Ft
7,000 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $1,550,000 $296 Per Sq Ft

45 Days on Market

About This Home

As of January 2024

We are proud to represent this 7-unit apartment building in North Hollywood.

Its unit mix consists of (1) studio and (6) 2+1.5 units. With a lot size of 7,000 square feet, the property has a total of 5,243 rentable square feet.

North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

The property is separately metered for gas and electricity.

Last Listed By

Cindy Hill

Equity Union License #00885625 Listed on: 09/26/2023

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Home Design

  • Apartment

Interior Spaces

  • 5,243 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 1230
  • Assessor Parcel Number 2417003020
  • $1,067 per year additional tax assessments

Community Details

Overview

  • 7 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Insurance Expense $2,500
  • Trash Expense $600
  • Operating Expense $38,156
  • Gross Income $117,732
  • Net Operating Income $76,044

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Price Per Unit: 227857
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2417003020
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 295.63

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Income: 117732.00
  • Gross Scheduled Income: 117732.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 76044.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 38156.00
  • Rent Control: Yes
  • Total Expenses: 38156.00

Tax Info

  • Tax Census Tract: 1253.10
  • Tax Lot: 35
  • Tax Tract Number: 1230
  • TaxOtherAnnualAssessmentAmount: 1067.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,550,000 -2.8% $296 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $1,595,000 -4.8% $304 / Sq Ft
09/26/2023 09/26/23 For Sale $1,675,000 -- $319 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2024

    Cindy Hill

    Equity Union

    (818) 640-8360

    8 in this area

    74 Total Sales

    Cindy Hill
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23179636

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 91601 North Hollywood

5327 Auckland Ave, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 5327 Auckland Ave, Los Angeles, CA 91601 since 26 September 2023. This property was built in 1963. 5327 Auckland Ave is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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