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Listed by Wendy Mancha-Barron, DRE #02395701 • New Chapter Realty
$ 1,350,000
Est. payment /mo
Price Dropped by $133.7M
5334 Cleon AVE North Hollywood, CA 91601
6 Beds
3 Baths
2,080 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $649
MLS Listing ID CRDW26169507
Bedrooms 6
Full Baths 3
Year Built 1948
Lot Size 6,038 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Exceptional North Hollywood Income Property with ADU & Prime Development Potential! Discover an outstanding investment opportunity at 5334 Cleon Ave in the heart of North Hollywood. This versatile income property features two remodeled 2-bedroom, 1-bath units plus a newly added 2-bedroom, 1-bath ADU, creating three separate living spaces with excellent income-producing potential. Situated on a 6,038-square-foot LAR3-zoned lot, the property offers an exceptional combination of strong cash flow, owner-user flexibility, and long-term development upside. The remodeled front units provide comfortable, modern living, while the spacious 2-bedroom, 1-bath ADU adds valuable rental income or flexible space for extended family, guests, or a home office. Whether you're looking to maximize rental returns, occupy one unit while renting the others, or explore future development opportunities (buyer to verify with the City of Los Angeles), this property offers outstanding versatility. Ideally located just minutes from the NoHo Arts District, major studios, shopping, dining, entertainment, Metro access, and convenient freeway connections, this is a rare opportunity to own a high-demand property in one of the San Fernando Valley's most sought-after neighborhoods. Property Highlights:
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Cooling Central AC
Fireplaces Type None
Laundry Gas Hookup, 30, 38, Washer
Exterior
Parking Features Other
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 2416007015
Special Listing Condition Not Applicable
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Louis Fong | 1% List Fee Realtor
Broker Associate | License ID: DRE 01151598
+1(408) 561-1321 | louis@equitashomes.com