TURNKEY NEW CONSTRUCTION 5-UNIT IN TOLUCA LAKE AREA – FULLY OCCUPIED, $20,250/MO RENT COLLECTION - Introducing 5218 Auckland Ave, a brand-new luxury 5-unit property located in the highly desirable Toluca Woods/Toluca Lake pocket of North Hollywood—just moments from Magnolia Park, the NoHo Arts District, studios, shopping, dining, and transit. This charming, tree-lined enclave attracts long-term, high-quality tenants seeking a neighborhood feel with ultimate convenience. Offered at $3,500,000, this NON-RENT-CONTROLLED, fully leased asset delivers $20,250/month in collected rents, making it a rare stabilized new construction investment in one of LA’s most competitive rental markets. Even better—tenants pay ALL utilities, keeping operating expenses extremely low. This 2-story luxury build consists of double duplexes plus a stand-alone unit, each designed with modern architecture and premium amenities. Residences feature open-concept layouts, private balconies, top-floor primary suites, large energy-efficient windows, high-end finishes, stainless-steel appliances, central AC/HVAC, and custom mini blinds throughout. Unit Mix: (1) 5 bed / 5 bath (1) 4 bed / 4.5 bath (2) 3 bed / 3.5 bath (1) 2 bed / 2.5 bath. Additional highlights include 8 assigned parking spaces + 1 bonus spot, tena
MLS #
CRMB25268150
MLS Source
California Regional MLS
Days on Site
3
Appliances
Other, Dryer, Washer
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Foundation
Slab
Style
Contemporary
Garage/Parking
Assigned Spaces, Other, Garage: 0 Car(s)
Water
Private
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | – |
5218 Auckland Ave is a Residential Income in Toluca Lake, CA 91601. This – square foot property sits on a 6,956 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,500,000 and was built in 2025. This address can also be written as 5218 Auckland Ave, Toluca Lake, CA 91601.
©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 02, 2025. For the most current information, please contact XIO SANDOVAL, (323) 722-7300