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Listed by Ronen Saruri • Elevate Luxury Living
$1,295,000
Est. payment /mo
6,038 Sqft Lot
Active
5334 Cleon AVE North Hollywood, CA 91601
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25166296
Year Built 1948
Lot Size 6,038 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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
Rooms
Kitchen Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Washer, Dryer
Exterior
Pool None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 2416007015
Special Listing Condition Not Applicable
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