North Hollywood, CA 91601,5334 Cleon Avenue
North Hollywood, CA 91601,5334 Cleon Avenue
North Hollywood, CA 91601,5334 Cleon Avenue
48
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$1,295,000
Est. payment /mo
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6 Beds
6,038 Sqft Lot
Pending

5334 Cleon Avenue North Hollywood, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR25166296

Bedrooms 6

Lot Size 6,038 Sqft

Property Sub-Type Res Income 2-4 Units

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 upsidebuild additional units or take advantage of the lot's full potential to develop a multi-unit apartment building in one of LAs 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

Zoning Public Rec

Direction Text agent

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2416007015


MLS Router / San Diego MLS
Listed by Ronen Saruri Elevate Luxury Living

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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5334 Cleon Avenue