5334 Cleon AVE #2 new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25166296
Construction Status Turnkey
HOA Y/N No
Year Built 1948
Lot Size 6,037 Sqft
Property Sub-Type Triplex
Property Description
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
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Flooring Laminate,Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Oven,Dryer,Washer
Exterior
Fence New Condition
Pool None
Community Features Curbs
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 2416007015
Acceptable Financing Cash,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac
Listing Terms Cash,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac
Special Listing Condition Standard