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Listed by: Wendy Mancha-Barron (310) 489-2091 DRE #02395701 | New Chapter Realty (323) 646-9086
$1,280,000
Monthly Est:$6,371
2 Beds
1 Bath
2,775sqft
5334 Cleon Ave, North Hollywood, CA 91601
$1,280,000
$6,371/moEst:
Get Pre-Approved
Triplex
Built in 1948
$-- HOA
6,038 sqft lot
$461/sq.ft
Description
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.
- Houzeo last checked: 2 minutes ago
- Listing updated: September 5, 2026 at 9:28 pm
- Source: California Regional MLS-CA | MLS#: DW26171331
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
2,775 sqft
Lot Size
6,038 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
DW26171331
MLS Status
Active
Days on Market
91
Cumulative Days on Market
31
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Appliances
Washer
Sewer
Public Sewer
Cooling
Central Air
Interior Features
All Bedrooms Up, All Bedrooms Down
Exterior Features
Brick Driveway
Utilities & Energy
Pool Features
None
Laundry Features
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Water Source
Public
Fireplace Features
None
Other Features
Community Features
Street Lights, Sidewalks
Lot Features
Two To Five Units Acre
Price History
| Date | Event | Price |
|---|---|---|
08/25/2026 Source: | Price Decreased | $1,280,000 -5.19% $461/sqft |
08/05/2026 Source: | Price Decreased | $1,350,000 -99.00% $486/sqft |
08/03/2026 Source: | Price Increased | $135,000,000 +9052.54% $48,649/sqft |
04/23/2025 Source: | Off Market | $1,475,000 $532/sqft |
04/23/2025 Source: | Listed for Sale | $1,475,000 +40.48% $532/sqft |
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North Hollywood Ranks #10 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 11:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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