5848 Cleon Avenue, North Hollywood, CA 91601 (MLS # GD26040356)

Price $1,995,000
Status Active
Beds 8
Baths 7 Baths
Home size 4,299 sqft
Lot Size 13,548 sqft
Days on Market 1
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 Type(s): Single Family
Last Updated 2/23/2026 Year Built 1938
Community NHO - North Hollywood County Los Angeles

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA NHO - North Hollywood
LOT 0.311 acre(s)
LOT DIMENSIONS 0.311
POOL DESCRIPTION None
SEWER Public Sewer
STORIES Two, Multi/Split
VIEW DESCRIPTION None
WATER Public

Location

Listed with Arnold Daniels

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