North Hollywood, CA 91601 5334 Cleon Avenue 2

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Presented By: Ronen Saruri with Elevate Luxury Living; 818-620-2244
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25166296
  • 07/24/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 2,935

Home Details

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 upside—build additional units or take advantage of the lot's full potential to develop a multi-unit apartment building in one of LA’s 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
Presented By: Ronen Saruri with Elevate Luxury Living; 818-620-2244

Interior Features for 5334 Cleon Avenue 2

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Vinyl
Heating Y/NYes
Total Stories2

Other Rooms

Entry Level1

General for 5334 Cleon Avenue 2

Additional Parcels Y/NNo
AppliancesGasOven, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNorth Hollywood
Community FeaturesCurbs
CoolingCentralAir
CountyLos Angeles
DirectionsText agent
Electric Expense0.0
Entry LocationGround level
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, CalVetLoan, FHA, FannieMae, FreddieMac
Lot Size Square Feet6038.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased0
Operating Expense0.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityNORTH HOLLYWOOD
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot41
Tenant PaysAllUtilities
Trash Expense0.0
Unit Number2
ViewNeighborhood
Water Sewer Expense0.0
Year Built1948
Year Built SourcePublicRecords
ZoningLAR3

Exterior for 5334 Cleon Avenue 2

Building Area Total2935.0
Crops Included Y/NNo
FencingNewCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1386
Lot Size Area6038.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,295,000
MLS#SR25166296
List Date 07/24/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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