For Sale
$1,995,000
5848 Cleon
North Hollywood, CA

5848 Cleon, North Hollywood, CA, 91601

  • 8beds
  • 7baths
  • 4,299sqft
  • 0.31acre
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.)
Listing agent:
Arnold Daniels
License #02065145
Belmont Brokerage Inc
5848 Cleon is a Residential Single Family Residence property located in North Hollywood, California, featuring a 0.311 acre lot, 4,299 sqft, 8 bedrooms, 7 full baths, MLS #GD26040356.