North Hollywood, CA 91601,5334 Cleon AVE #2
North Hollywood, CA 91601,5334 Cleon AVE #2
North Hollywood, CA 91601,5334 Cleon AVE #2
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Beverly & Hector Team
$1,295,000
Est. payment /mo
6,037 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25166296

Construction Status Turnkey

HOA Y/N No

Year Built 1948

Lot Size 6,037 Sqft

Property Sub-Type Triplex

Property Description

Cap Rate Just Got Better – Major Price Adjustment!

Prime North Hollywood Triplex – All Vacant Remodeled & New Construction with Development Potential Located in the vibrant heart of North Hollywood, just steps from the Arts District, this exceptional triplex presents a rare opportunity for investors and owner-users alike. Set on an R3-zoned lot, the property includes two fully remodeled units and a brand-new third unit, combining modern comfort with unbeatable income potential. Whether you're looking to live in one and rent out the other two, or expand the property portfolio, this offering checks all the boxes. The R3 zoning provides significant upside—build additional units or take advantage of the lot's full potential to develop a multi-unit apartment building in one of LA's most desirable rental markets. Don't miss this chance to secure a versatile property in a rapidly growing neighborhood with excellent walkability to local cafes, galleries, and transit

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Dryer, Washer

Exterior

Fence New Condition

Pool None

Community Features Curbs

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 2416007015

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac

Special Listing Condition Standard


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CRMLS – RECore
Listed by Ronen Saruri Elevate Luxury Living 818-620-2244
agent-avatar

+1(626) 922-9910

team@bh-realtor.com

1411 S Diamond Bar Blvd, Diamond Bar, CA, 91765, USA

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5334 Cleon AVE #2