North Hollywood (NHO) Homes with Mixed Use Subtype

North Hollywood (NHO) 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 mix of art, culture, and entertainment, North Hollywood (often referred to as NHO) has become a sought-after destination for those looking to experience the best of urban living. With its close proximity to the iconic Hollywood sign, Universal Studios, and a plethora of theaters and galleries, residents enjoy a rich tapestry of activities and amenities right at their doorstep.

One of the standout features of North Hollywood is its unique housing market, particularly the homes with mixed-use subtypes. These properties seamlessly blend residential and commercial spaces, offering a dynamic lifestyle that caters to both work and leisure. Imagine living above your own boutique, café, or studio, with the bustling energy of the neighborhood just an elevator ride away. This innovative living arrangement not only maximizes space but also fosters a sense of community, as residents engage with local businesses and each other in a vibrant, walkable environment.

North Hollywood is also home to a thriving arts district, where creativity flourishes in every corner. The NoHo Arts District boasts a variety of theaters, art galleries, and performance spaces, making it a cultural hub for artists and audiences alike. With a diverse selection of dining options, from trendy eateries to cozy cafes, there’s something to satisfy every palate.

Whether you’re an artist, entrepreneur, or simply someone who appreciates the blend of work and play, North Hollywood offers an unparalleled lifestyle with its mixed-use homes. Discover the charm and excitement of NHO—where your dream home awaits!

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.

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