New

$1,350,000

For Sale

5 hours ago

5629 Cleon Ave, North Hollywood, CA

Name: 5629 Cleon Ave, For Sale in North Hollywood - eXp Realty
Brand: Myunits.com Inc.
SKU: BB26098627
Price: 1350000 USD

House

MLS® BB26098627

1 Bed

1 Bath

2080 sqft

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential

Size 2080 sqft

Garage

Taxes

Days Active 0

Lot Size

Approx. Age 1954

Avg. Price Per Sqft $649

MLS® Number BB26098627

Property Address: 5629 Cleon Ave, North Hollywood, CA, 91601-2058

Average square foot calculated using Size range provided by listing agent.

Description

5629 Cleon Ave is a rare 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 unit while offsetting your monthly housing cost with income from three in-place units, creating a significantly more efficient path to homeownership in Los Angeles. Delivered with one vacant, extensively renovated 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, allowing 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 simple, efficient unit mix of four 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.

MLS® NumberBB26098627

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1954

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 6, 2026List Date

$1,350,000List Price

Commute

Commute

Starting Address

Destination Address

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