




$1,745,000
Est. $9,772/mo5848 Cleon Avenue, North Hollywood, CA 91601
About this home
Prime investment opportunity in dynamic North Hollywood! Generating approximately $9,000/month in current rental income, this expansive multi-structure estate at 5848 & 5846 Cleon Ave immediate cash flow with fantastic future upside. The spacious 2,118 sq. ft. main residence features 3 bedrooms, 2 bathrooms, central A/C, and a 459 sq. ft. oversized garage. Accompanying the main house is a beautifully updated, modern 1,200 sq. ft. ADU and a versatile 500 sq. ft. guest house. Incredible bonus amenities include a massive 480 sq. ft. recreation room, a dedicated 67 sq. ft. laundry room, a 201 sq. ft. covered patio, and a lush, fruit-bearing garden that maximizes tenant appeal. Boasting a sprawling footprint, this property has incredible upside with potential for SB-9 expansion or additional development. A rare, high-performing asset in a highly desirable neighborhood! (Buyer and Buyer's Agent to independently verify all square footage, room counts, permits, zoning, and SB-9/development potential with the City of Los Angeles.)
infoProperty Facts
Bedrooms
8
Bathrooms
7
Square Feet
4,299
Lot Size
13,547.16 sqft
Year Built
1938
Property Type
Single Family Residence
Days on Market
6
HOA Fee
N/A
Garage Total
0
MLS #
GD26040356
chairInterior Details
Kitchen & Appliances
Laundry
Common Area
Bed & Bath
Main Level Bedrooms
8
Main Level Bathrooms
7
Climate Control
Cooling
Central Air
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Two To Five Units Acre
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Suburban, Sidewalks
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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