5334 Cleon Avenue, North Hollywood, California image 1
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5334 Cleon Avenue

North Hollywood, CA 91601
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$1,280,000 $5,396/Mo
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Bed 2

Bed

Bath 1

Bath

SqFt6,038

Sqft(Lot)

Fully permitted detached 2-bedroom, 1-bath ADU. COC is completed. ADU built 2025. ALL UNITS VACANT! Exceptional North Hollywood Income Property with ADU & Prime Development Potential! Discover an outstanding investment opportunity at 5334 Cleon Ave in the heart of North Hollywood. This versatile income property features two remodeled 2-bedroom, 1-bath units plus a newly added 2-bedroom, 1-bath ADU, creating three separate living spaces with excellent income-producing potential. Situated on a 6,038-square-foot LAR3-zoned lot, the property offers an exceptional combination of strong cash flow, owner-user flexibility, and long-term development upside. The remodeled front units provide comfortable, modern living, while the spacious 2-bedroom, 1-bath ADU adds valuable rental income or flexible space for extended family, guests, or a home office. Whether you're looking to maximize rental returns, occupy one unit while renting the others, or explore future development opportunities (buyer to verify with the City of Los Angeles), this property offers outstanding versatility. Ideally located just minutes from the NoHo Arts District, major studios, shopping, dining, entertainment, Metro access, and convenient freeway connections, this is a rare opportunity to own a high-demand property in one of the San Fernando Valley's most sought-after neighborhoods. Property Highlights: Two remodeled 2-bedroom, 1-bath units Newly added 2-bedroom, 1-bath ADU LAR3 zoning with future development potential (buyer to verify) Excellent cash-flow opportunity for investors Ideal owner-user property with multiple income streams Potential rental $7,800 (or more buyer to verify) ADU Permitted GAS, Electric and water heater all separate meters. Water Meter is 5334 Unit 1/A Certificate of Occupancy completed by City of L.A. Prime North Hollywood location near the NoHo Arts District, studios, restaurants, shopping, and public transportation A rare opportunity to own a turnkey multi-unit property with three income-producing residences in one of Los Angeles' fastest-growing rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,280,000

AD Id : 89134437

MLS Id : DW26171331

Beds : 2

Lot Size : 6,038 Sq. Ft

Year Built : 1948

County : Los Angeles

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Feature Features

  • Interior Features

    AllBedroomsUp, AllBedroomsDown
    Appliances: Washer
    Laundry Features: WasherHookup, ElectricDryerHookup, GasDryerHookup

  • Heating & Cooling

    Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1948
    Building Area Total: 2775
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Exterior Features

    Exterior Features: BrickDriveway

  • Lot Information

    Main Square Feet: 6038 Lot Size Acres: 0.1386 Lot Size Source: Assessor Lot Size Square Feet: 6,038 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $1280000
    Original Price: $135000
    Cash, Conventional, FHA, FannieMae, FreddieMac, VaLoan

  • Tax Information

    Parcel Number: 2416007015 Tax Lot: 41

  • Location Information

    Direction: Magnolia Blvd and Cleon Ave WaterSource: Public
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5701 Fair, North Hollywood, CA, 91601 $1,450,000 5 2 1,622 7,257 Sq. Ft
11430 Califa Street, North Hollywood, CA, 91601 $1,100,000 5 3 -- 7,000 Sq. Ft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/03/2026 @ 08:05

MLS: DW26171331 LISTED BY: Wendy Mancha-Barron, New Chapter Realty 323-646-9086 SOURCE: CRMLS

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