5334 Cleon Avenue, North Hollywood, CA 91601

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