Property Detail

5848 Cleon

North Hollywood CA 91601

$1,745,000

Status: Active

Property Details

Description

Prime investment opportunity in dynamic North Hollywood! Generating approximately $9,000/month in current rental income, this expansive multi-structure estate at 5848 & 5846 Cleon Ave immediate cash flow with fantastic future upside. The spacious 2,118 sq. ft. main residence features 3 bedrooms, 2 bathrooms, central A/C, and a 459 sq. ft. oversized garage. Accompanying the main house is a beautifully updated, modern 1,200 sq. ft. ADU and a versatile 500 sq. ft. guest house. Incredible bonus amenities include a massive 480 sq. ft. recreation room, a dedicated 67 sq. ft. laundry room, a 201 sq. ft. covered patio, and a lush, fruit-bearing garden that maximizes tenant appeal. Boasting a sprawling footprint, this property has incredible upside with potential for SB-9 expansion or additional development. A rare, high-performing asset in a highly desirable neighborhood! (Buyer and Buyer's Agent to independently verify all square footage, room counts, permits, zoning, and SB-9/development potential with the City of Los Angeles.)

Map Location

Listing provided courtesy of Arnold Daniels of Belmont Brokerage Inc. Last updated 2026-03-03 09:13:31.000000. Listing information © 2025 CRMLS.

The Lineup

The Lineup

admin Real estate https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg realtor https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg