5334 Cleon Avenue, North Hollywood, CA 91601
5334 Cleon Avenue, North Hollywood, CA 91601
5334 Cleon Avenue, North Hollywood, CA 91601
5334 Cleon Avenue, North Hollywood, CA 91601
5334 Cleon Avenue, North Hollywood, CA 91601
5334 Cleon Avenue, North Hollywood, CA 91601
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AARE Real Estate Services

AARE Real Estate Services

+1(888) 322-4368
$ 1,350,000
Est. payment | /mo

6 Beds

3 Baths

2,775 SqFt

Save
$ 1,350,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,775 SqFt

Open House

Sat Aug 08, 11:30am - 3:00pm

Sun Aug 09, 12:00pm - 2:00pm

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $486

MLS Listing ID DW26169507

Bedrooms 6

Full Baths 3

Year Built 1948

Lot Size 6,038 Sqft

Property Sub-Type All Other Attached

Property Description

Fully permitted detached 2-bedroom, 1-bath ADU 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: Two remodeled 2-bedroom, 1-bath units Newly added 2-bedroom, 1-bath ADU LAR3 zoning with future development potential (buyer to verify) Excellent cash-flow opportunity for investors Ideal owner-user property with multiple income streams Potential rental $7,800 (buye

Location

State CA

County Los Angeles

Direction Magnolia Blvd and Cleon Ave

Interior

Cooling Central Forced Air

Fireplace No

Appliance Washer

Laundry Gas, Washer Hookup, Gas & Electric Dryer HU

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 2416007015

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Wendy Mancha-Barron, DRE#02395701 New Chapter Realty 

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AARE Real Estate Services

AARE Real Estate Services

Broker | License ID: DRE 01839244

+1(888) 322-4368

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5334 Cleon Avenue