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$1,745,000
5848 Cleon Avenue, North Hollywood, CA 91601
8Beds
7Baths
4,299Sq Ft
1938Built
7Days Listed
Listed by Arnold Daniels, Belmont Brokerage Inc | 818-967-6311
About This Property
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.)
Property Details
- Property Type
- Detached
- Bedrooms
- 8
- Bathrooms
- 7
- Building Area
- 4,299 Sqft
- Living Area
- 4,299 sqft
- Year Built
- 1938
- Stories
- 2.0
- Status
- Active
- Original Price
- $1,995,000
Location & Neighborhood
What's nearby 5848 Cleon Avenue, North Hollywood, CA 91601
Nearby Schools
- Oxnard Elementary School0.1 mi
elementary
- Unnamed School0.1 mi
elementary
- West Coast Seminary0.4 mi
elementary
Parks & Recreation
- 0.3 mi
- 0.3 mi
- 0.3 mi
Transit Access
- Vineland/Hatteras0.2 mi
Bus Stop
- Vineland/Oxnard0.2 mi
Bus Stop
- Vineland/Burbank0.4 mi
Bus Stop
- Vineland/Erwin0.4 mi
Bus Stop
- Burbank / Cahuenga0.5 mi
Bus Stop
Local Amenities
Dining
- Barnrau Thai Halal0.2 mi
- Aki Shabu0.4 mi
Grocery
- Vallarta0.2 mi
Coffee & Cafes
- Moby's Coffee & Tea0.5 mi
POI data updated 2/26/2026
Last updated: Mar 2, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,745,000