North Hollywood, CA 91601 5325 Cleon Avenue
$999,999
4 more
Presented By: Silvia Amador with Keller Williams Realty World Media Center;
Beds • 1
Baths • 1
SQFT • 2,352
Garage • 4
Year Built • 1955
Home Details
Prime Investment Opportunity in the NoHo Arts District!
Located in the heart of one of LA’s most dynamic and sought-after neighborhoods, 5325 Cleon Ave is a rare 4-unit multifamily property offering incredible potential for investors or owner-users.
Built in 1955, the property spans approximately 2,352 sq ft on a 5,747 sq ft lot. Each of the four units features 1 bedroom and 1 bathroom with spacious, light-filled living areas.
Recent upgrades include a newer roof and updated sewer line, providing long-term value and reduced maintenance costs. A community laundry room adds everyday convenience for tenants, and the four detached garages offer additional rental income potential or the opportunity for ADU conversion (buyer to verify with city).
Perfectly positioned near Metro Link, acting studios, professional dance studios, trendy restaurants, theaters, and boutique shops. Enjoy easy access to nightlife, Burbank, major studios, and the 170 & 134 freeways.
This is a rare opportunity to own income-generating real estate in the heart of the thriving NoHo Arts
Presented By: Silvia Amador with Keller Williams Realty World Media Center;
Interior Features for 5325 Cleon Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 5325 Cleon Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNorth Hollywood
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
DirectionsChandler and Magnolia Blvd
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income48323.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Listing TermsConventional
Lot Size Square Feet5747.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income15286.0
New ConstructionNo
Number Of Units Total4
Operating Expense15286.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot5
Tenant PaysElectricity, Gas, TrashCollection
Trash Expense0.0
Water Sewer Expense0.0
Year Built1955
Year Built SourceAssessor
ZoningLAR3
Exterior for 5325 Cleon Avenue
Building Area Total2352.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.1319
Lot Size Area5747.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
