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.… Read More 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.) Read Less
Property listed by Belmont Brokerage Inc, Arnold Daniels 818-967-6311
Listing Snapshot
Days Online
6
Last Updated
Property Type
SingleFamilyResidence
Beds
8
Full Baths
7
Square Ft.
4,299
Lot Size
0.31 Acres
Year Built
1938
MLS Number
GD26040356
Additional Details
Building
Built in 1938, Living area: 4299.0, Living area units: SquareFeet, 2 stories, Levels: Two, MultiSplit, Entry level: 1, Entry location: front
Community
Suburban, Sidewalks
Cooling
CentralAir
Fireplaces
None
Home Owner's Association
Association Fee: $0
Laundry
CommonArea
Lot
0.311 acres, TwoToFiveUnitsAcre
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 2415011002, Lot: NA
Utilities
Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
