5629 Cleon, North Hollywood, CA 91601
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
5629 Cleon,North Hollywood, CA 91601
$1,350,000
- 1 Beds
- 1 Baths
- 2,080 sq. ft.
- Multi-family
- Active
Listed by: cheyenne womack
Office: myunits.com inc.
MLS#:BB26098627
Source:CAREIL
Price summary
- Price:$1,350,000
- Price per sq. ft.:$649.04
About this home
5629 Cleon Ave is a rare owner-user opportunity located on a quiet, tree-lined street in one of North Hollywood’s 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 unit while offsetting your monthly housing cost with income from three in-place units, creating a significantly more efficient path to homeownership in Los Angeles. Delivered with one vacant, extensively renovated 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 simple, efficient unit mix of four one-bedroom units consistently attracts tenant demand, while recent exterior improvements including fresh paint and new lan...
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Home facts
- Year built:1954
- Listing ID #:BB26098627
- Added:2 day(s) ago
- Updated:May 07, 2026 at 02:13 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Refrigerator
- Bedroom Description:Ground Floor Bedroom
- Living area:2,080 sq. ft.
Heating and cooling
- Cooling:Window/Wall Unit
Structure and exterior
- Year built:1954
- Building area:2,080 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Level, Mid Block
- Levels:1 Story
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$649.04
Features and amenities
- Laundry features:Community Facility
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