Description

THIS IS THE ONE: 5218 Auckland Ave is a brand-new, luxury 5-unit in the coveted Toluca Woods enclave—an ultra-charming pocket of North Hollywood bordering Toluca Lake and Magnolia Park. Surrounded by tree-lined streets, coffee shops, and entertainment studios, this location attracts long-term A+ tenants who value a neighborhood feel with urban convenience. This NON RENT-CONTROLLED, 2-story double-duplexes plus a stand alone Unit project offers thoughtful layouts with spacious living areas, private balconies with incredible views, and top-floor master suites tenants will love. It’s located in a high demand neighborhood with minimal turnover—an exceptional return for such a rare, blue-chip location. The unit mix includes One 4-bed 4.5 baths, Two- 3-beds 3.5 baths, One 5-bed 5 baths and One-2 beds 2.5 baths. Interiors feature open-concept layouts, balconies, large windows, high-end finishes, and stainless-steel appliances, central ac/hvac units, and custom mini blinds throughout. Walk to the NoHo Arts District, bike to Magnolia Park, or head to Toluca Lake Village for brunch—this is one of the most desirable and stable rental pockets in the Valley. Tenants cover the cost of all their utilities, keeping operating expenses minimal, and the 1-year builder’s warranty provides peace of mind. Plus, with 8 parking spots and 1 bonus space, it checks every box for a premium rental. Don’t miss the chance to own a high-yield, low-maintenance asset in one of LA’s most exclusive neighborhoods. Book your private tour today.