Duplex with Attached
For Sale
$849,500
6149 Auckland, North Hollywood, CA 91606
Two-unit residential property with a fenced yard, additional parking, and convenient access to North Hollywood-area destinations.
Property Size1,806 SF
Price / SF$470.38
Days on Market405
Property Features for 6149 Auckland
General Information
Standard status
Active
Size
1,806 SF
Property subtype
Duplex
Amenities
Window/Wall Unit
3
Electric Dryer
Washer Hook Ups
Attached Parking.
2 Garage Spaces. 2 Parking Spaces. Carport.
Level
Sidewalks. Curbs Walk, Level.
Building Details
Year Built
1951
Stories
1
Listing Agency:
Coldwell Banker Greater Valleys
(818) 360-3430
Listed By:
Coldwell Banker Exclusive · License #00613895
Source:
Xome
Added: Jul 24, 2025
Changed: Aug 31
Last Checked: Aug 31 at 12:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Greater Valleys
Investment Insights
Based on property information with market context.
This 1,806-square-foot duplex at 6149 Auckland in North Hollywood includes two existing residential units with a combined total of 4 bedrooms and 2 bathrooms. Each unit includes dining and breakfast areas, while the property also offers window or wall unit cooling, electric dryer service, and washer hookups.
The fully fenced parcel sits on a cul-de-sac and includes a spacious yard, a carport, 2 garage spaces, and 2 additional parking spaces. Its North Hollywood address places the property near the NoHo District and Toluca Lake, with Burbank and Universal Studios also identified as nearby destinations. The level site includes sidewalks and curbs, and access accommodates cars, an RV, or a boat and trailer.
The fully fenced parcel sits on a cul-de-sac and includes a spacious yard, a carport, 2 garage spaces, and 2 additional parking spaces. Its North Hollywood address places the property near the NoHo District and Toluca Lake, with Burbank and Universal Studios also identified as nearby destinations. The level site includes sidewalks and curbs, and access accommodates cars, an RV, or a boat and trailer.
Key Highlights
- Two existing residential units with 4 total bedrooms and 2 bathrooms
- 1,806 square feet of property size
- 2 garage spaces, 2 parking spaces, and a carport
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,539
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$630,780
$630.8K
Cap Rate 7%
$450,557
$450.6K
Cap Rate 9%
$350,433
$350.4K
Market Conditions
NOI Build-Up for 1,806 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$48.8K $27.00/SF
− Vacancy
−$3.7K −$2.05/SF
EGI
$45.1K $24.95/SF
− OpEx
−$13.5K −$7.48/SF
NOI
$31.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$630,780
Cap Rate 7%
$450,557
Cap Rate 9%
$350,433
Alternative Uses
Best Use
Multifamily LT 5
$450.6K
$394.2K – $525.7K
NOI $31,539 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$415.1K
$363.3K – $484.3K
NOI $29,060 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$966.9K
$846.1K – $1.13M
NOI $67,685 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a fenced yard, additional parking, and convenient access to North Hollywood-area destinations.
Where is this duplex located?
The property is located at 6149 Auckland North Hollywood, CA.
What is the asking price?
The asking price for this property is $849,500.
What are key features of this property?
This property features: Two existing residential units with 4 total bedrooms and 2 bathrooms; 1,806 square feet of property size; 2 garage spaces, 2 parking spaces, and a carport
