CA > North Hollywood
North Hollywood, CA 91601,5256 -5258 Cleon AVE
North Hollywood, CA 91601,5256 -5258 Cleon AVE
North Hollywood, CA 91601,5256 -5258 Cleon AVE
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$1,198,999
Est. payment /mo
4 Beds
3 Baths
1,940 SqFt
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UPDATED:

12/10/2024 06:28 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,940 sqft

Price per Sqft $618

MLS Listing ID 24470041

Bedrooms 4

HOA Y/N No

Year Built 1942

Lot Size 6,011 Sqft

Property Description

Attention Investors! Don't miss out on this prime opportunity in the heart of North Hollywood, one of LA's hottest up-and-coming neighborhoods. The NOHO Arts District is buzzing with energy and rapidly gaining recognition as one of the trendiest locales in Los Angeles. Known for its vibrant arts scene, NOHO boasts over 12 live theaters, professional dance and acting studios, recording studios, and a dynamic mix of dining and nightlife options. Plus, with direct access to the Metro Link, NOHO offers convenient connections to the rest of the city. This unique property features three detached units no shared walls offering privacy and flexibility for both investors and owner-occupants. *Front House (5258 Cleon Ave): A charming 2-bedroom, 1-bathroom home with approximately 1,100 sq. ft. of living space. The unit is equipped with modern amenities, including a washer and dryer, stove, built-in microwave, dishwasher, garbage disposal, refrigerator, custom kitchen completely renovated with granite counter tops. Four window AC units: one in each bedroom and one in living room and dining room. *Back House (5256 Cleon Ave): A cozy 1-bedroom, 1-bathroom house with approximately 460 sq. ft. of living space, complete with a refrigerator, stove, and window AC unit in the bedroom and living room, full bathroom with bathtub and marble floor. *Studio Unit (5256 Cleon Ave): A spacious studio apartment, offering approximately 380 sq. ft. of living space. The unit features a full kitchen, stove,refrigerator, garbage disposal, custom cabinets and bathroom with a bathtub and shower, ample closet space with sliding mirrored doors, and a window AC unit. The property includes a carport and 2-car parking pad in front of the back units and a long driveway with space for at least 2-3 additional vehicles. The front yard is fully fenced and offers a private garden for the front house, while the back units share a beautifully landscaped communal garden with roses and other greenery. A storage shed behind the two back units adds extra convenience. The studio unit (5256 1/2 Cleon Ave) will be delivered vacant, making this an ideal opportunity for anyone looking to live in the studio while renting out the other two units for steady income. It's also the perfect setup for a college-age student or a young professional looking to start investing. With new developments popping up in the area, including next door, the potential for growth is significant. Whether you choose to hold and rent, develop the property further, or simply enjoy the income stream, the possibilities are endless. Opportunities like this don't come around often so act fast before it's gone!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Rooms

Other Rooms Guest House

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Inclusions See attached list.

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Concrete, Detached Carport, Driveway

Roof Type Asbestos Shingle

Accessibility None

Porch Concrete, Porch

Attached Garage No

Total Parking Spaces 5

Building

Story 1

Entry Level One

Sewer Sewer Tap Paid

Architectural Style Bungalow

Level or Stories One

Additional Building Guest House

New Construction No

Others

Senior Community No

Tax ID 2416006011

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Andrea Marcum-Valentine • eXp Realty of Greater Los Angeles

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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