5629 Cleon, North Hollywood, CA 91601
Local realty services provided by:CENTURY 21 Affiliated
5629 Cleon,North Hollywood, CA 91601
$1,350,000
- 4 Beds
- 4 Baths
- 2,080 sq. ft.
- Single family
- Active
Listed by: cheyenne womack, lauren cearley
Office: myunits.com inc.
MLS#:BB26098627
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$649.04
About this home
5629 Cleon Ave is a rare fourplex owner-user opportunity located on a quiet, tree-lined street in one of North Hollywoods most desirable pockets just moments from the NoHo Arts District. The property offers a compelling opportunity to live in a fully renovated, move-in ready 1-bedroom/1-bathroom unit while offsetting your monthly housing cost with income from the remaining three in-place units, creating a significantly more efficient path to homeownership in Los Angeles. Delivered with one vacant, extensively renovated 1-bedroom/1-bathroom unit featuring updated flooring, countertops, designer bathroom finishes, and brand new appliances, a buyer can immediately move in without the need for renovations or downtime. Meanwhile, the remaining three units provide stable, day-one income, allowing an owner-user to substantially reduce their effective monthly cost of living compared to a traditional single-family home or condo purchase. Beyond its strong appeal to owner-users, the property also performs as a solid investment, offering a 5.33% cap rate, a low-expense operating profile with separately metered gas and electric, and additional upside as in-place rents trend toward market. The efficient fourplex layout consisting entirely of one-bedroom units consistently attracts tenant demand, while recent exterior improvements including fresh paint and new landscaping enhance curb appeal and minimize near-term capital needs. Ideally located near the NoHo Arts District and the North Hollywood Metro Station, the property benefits from close proximity to major employment hubs including...
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Home facts
- Year built:1954
- Listing ID #:BB26098627
- Added:45 day(s) ago
- Updated:June 20, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Linoleum/Vinyl, Tile
- Kitchen Description:Gas Range, Refrigerator
- Living area:2,080 sq. ft.
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Year built:1954
- Building area:2,080 sq. ft.
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$649.04
Features and amenities
- Appliances:Gas Range, Refrigerator
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