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 offers 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.… Read More 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 offers 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.) Read Less
Property listed by Coldwell Banker Hallmark Realty, Arnold Daniels 818-476-3000
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
8
Full Baths
6
Partial Baths
1
Square Ft.
4,299
Lot Size
0.31 Acres
Year Built
1938
MLS Number
26653763
Additional Details
Appliances & Equipment
Barbecue, Microwave, Refrigerator, Dryer, Washer
Building
Built in 1938, Living area: 4299.0, 1 storey, Levels: MultiSplit
Cooling
CentralAir
Fireplaces
None
Heating
Central
Laundry
CommonArea, Inside, LaundryCloset, Outside
Lot
0.3111 acres, Dimensions: 125x100
Parking
2 total parking spaces, ConvertedGarage, Driveway
Pool
None
Property
Other structures: GuestHouse
Taxes
Parcel Number: 2415011002, Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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