Active

5629 Cleon

North Hollywood, CA 91601
Mark as Favorite
Bed 4

Bed

Bath 4

Bath

SqFt2,080

Sqft

SqFt5,553

Sqft(Lot)

5629 Cleon Ave is a rare fourplex 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 1-bedroom/1-bathroom unit while offsetting your monthly housing cost with income from the remaining three in-place units, creating a significantly more efficient path to homeownership in Los Angeles. Delivered with one vacant, extensively renovated 1-bedroom/1-bathroom 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, all owing 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 efficient fourplex layout consisting entirely of one-bedroom units consistently attracts tenant demand, while recent exterior improvements including fresh paint and new landscaping enhance curb appeal and minimize near-term capital needs. Ideally located near the NoHo Arts District and the North Hollywood Metro Station, the property benefits from close proximity to major employment hubs including Universal Studios, Warner Bros., and Disney, along with immediate access to dining, coffee, retail, and entertainment. With its unique ability to blend lifestyle and investment, 5629 Cleon Ave presents a standout opportunity for a buyer looking to build equity, generate income, and live in one of Los Angeles’ most dynamic rental markets.

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Detail Ic Property Details

Property Type : Residential

Price : $1,350,000

AD Id : 78006392

MLS Id : BB26098627

Beds : 4

Lot Size : 5,553 Sqft

Living Area Size : 2,080

Year Built : 1954

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Bedroom on Main Level Property Appliances: Gas Range,Refrigerator Fireplace: None Flooring: Tile,Vinyl
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1954
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1275
  • Lot Size Source: Assessor Lot Size Square Feet: 5553

  • Listing Price Information

    Original List Price: 1,350,000 Listing Contract Date: 2026-05-06
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2415006027

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Directions: Located on Cleon Ave, North of Burbank Blvd. Source Property Type: Residential Area: NHO - North Hollywood Property SubType: Quadruplex
  • Building and Construction

    Property Age: 72 Common Walls: 2+ Common Walls,No One Above,No One Below Structure Type: Quadruplex Year Built Source: Assessor Total Square Feet Living: 2080 Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1 Structure Type: Quadruplex
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5665 Whitnall, North Hollywood, CA, 91601 $1,720,000 -- -- 5,440 5,440 SqFt
5709 Auckland Avenue, North Hollywood, CA, 91601 $3,195,000 18 -- 7,947 7,947 SqFt
5248 Auckland Avenue, North Hollywood, CA, 91601 $3,995,000 17 -- 8,967 8,967 SqFt
5887 Whitnall, North Hollywood, CA, 91601 $1,489,000 -- -- 4,837 4,837 SqFt
5512 Willowcrest, North Hollywood, CA, 91601 $1,197,000 3 2 1,008 1,008 SqFt
5650 Denny Avenue, North Hollywood, CA, 91601 $1,195,000 3 3 1,750 1,750 SqFt
5513 Cartwright Avenue, North Hollywood, CA, 91601 $1,125,000 3 2 1,551 1,551 SqFt
5007 Auckland Avenue, North Hollywood, CA, 91601 $2,150,000 4 3 1,864 1,864 SqFt
4918 Cahuenga, North Hollywood, CA, 91601 $2,499,000 -- -- 6,083 6,083 SqFt
5641 Riverton Avenue, North Hollywood, CA, 91601 $2,150,000 8 -- 4,526 4,526 SqFt

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ByOwner last updated this listing 06/09/2026 @ 15:49

MLS: BB26098627 LISTED BY: Cheyenne Womack, Myunits.com Inc. 844-698-6487 SOURCE: CRMLS

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