91601 Homes with Mixed Use Subtype

91601 Homes with Mixed Use Subtype

Located in the vibrant neighborhood of North Hollywood, California, the zip code 91601 offers a diverse range of real estate opportunities. Situated in Los Angeles County, this area is known for its lively atmosphere and convenient access to various amenities.

One notable feature of the 91601 zip code is the availability of homes with a mixed-use subtype. These properties provide an exciting opportunity for individuals seeking a live-work environment. With this subtype, residents can enjoy the convenience of having their home and business in the same location. This flexibility is particularly attractive for entrepreneurs, freelancers, or those who simply desire a convenient work setup.

Homes with a mixed-use subtype in the 91601 zip code often feature a ground-level commercial space, perfect for a small business or office. Meanwhile, the upper levels serve as a comfortable living space, offering all the amenities one would expect from a residential property. This type of real estate is an excellent choice for those looking to save time and money by eliminating the need for a separate workspace.

Living in the 91601 zip code not only provides the benefits of a mixed-use property but also offers the advantages of residing in North Hollywood. This vibrant city boasts a thriving arts and entertainment scene, trendy restaurants, and excellent shopping options. With its convenient location and diverse real estate options, the 91601 zip code is an exciting place to call home.

Newest 91601 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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