5848 Cleon Avenue, North Hollywood, CA, US, 91601
5848 Cleon Avenue, North Hollywood, CA, US, 91601Basics
- Date added: Added 2 months ago
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 8
- Bathrooms: 7
- Area: 4299 sq ft
- Lot size: 13547.16, 0.311 sq ft
- Year built: 1938
- View: None
- County: Los Angeles
- MLS ID: GD26040356
Description
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Description:
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.)
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Location
- Directions: north of burbank blvd, east of vineland blvd
- Lot Size Acres: 0.311 acres
Building Details
- Structure Type: House
- Water Source: Public
- Lot Features: TwoToFiveUnitsAcre
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Garage Spaces: 0
- Levels: Two,MultiSplit
Amenities & Features
- Pool Features: None
- Spa Features: None
- Parking Total: 0
- Cooling: CentralAir
- Fireplace Features: None
- Laundry Features: CommonArea
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Arnold Daniels
- Agent MLS: G165114797
- Agent email: brokerarnie@gmail.com
- Agent officephone: 818-967-6311
- Agent direct phone: 818-967-6311
Miscellaneous
- List Office Name: Belmont Brokerage Inc
- Listing Terms: Exchange1031
- Common Interest: None
- Community Features: Suburban,Sidewalks
- Attribution Contact: 818-967-6311