5819 Cleon Ave , North Hollywood, CA 91601
$2,350,000
Est. Payment: $12,193.64/mo
8 Bed
6 Bath
2975 Sqft
0.15 Acres
Status: active | Days on site: 8
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CLW-X83407 - CLW-C128538
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House Description

Turnkey North Hollywood investment! Built in 2022, this two-building triplex offers approx. 3,008 sq ft, 8 bedrooms, and 7 full / 2 half baths on a 6,602 sq ft lot (LAR1). Units: 4BD/3.5BA (1,599 sf), 3BD/3.5BA (1,113 sf), and 1BD/1BA (296 sf). Modern exterior, coffered ceilings, quartz counters, tankless water heaters, split A/C, plus 4-car driveway. Excellent condition, no repairs needed. INCOME IN PLACE: master lease on all six units at 5813-5819 Cleon Ave, is $27,000/mo total, increase through year 6, then $29,700/mo; tenant pays utilities and maintains the units. Operating as a licensed recovery facility. BUYER TO ASSUME THE EXISTING LEASE. Near the 170 Fwy, schools, medical centers, and parks. Buyer to verify all information If 5817-5819 sells separately, tenant pays utilities and maintains the units..Rent: $27,000/month ($324,000/year) to one tenant, with a $27,000 security .deposit. These triplex is also good for traveling physician or Nurses with a freelance contract sponsored by their cooperation. 5813-5815 Cleon Ave, 5817-5819 Cleon Ave , Both together are, Living area of 3,420 sqft, & 3,008 sqft , with total of 6,428 sqft... 8 Bedrooms each , making 16 bedrooms total , Bathrooms 6 full + 2 half , 7 full + 2 half , 13 full + 4 half... 5813-5815;...Unit 1: 4 bd / 3 full + 1 half, 1,864 sf....Unit 2: 1 bd / 1 ba, 396sf...Unit 3: 3 bd / 2 full + 1 half, 1,160 sf...5817-5819:...Unit 1: 4 bd / 3 full + 1 half, 1,599 sf....Unit 2: 1 bd / 1 ba, 296 sf....Unit 3: 3 bd / 3 full + 1 half, 1,113 sf....

Highlights

Listed by Olykayode Otitoloju , 310-819-6797 Exclusive Realty Inc , 424-248-0224. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.15

Year Built

2022

County

Los Angeles

Area

NHO - North Hollywood

Listing ID

26102649

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Appliances:Dishwasher, Electric Oven, Microwave, Oven
Air Cond:Central Air
Fireplaces:
Floor:Laminate,Tile
Other:
  • ▪ Additional:Furnished

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAR1
Parking Features:Carport,Driveway
Principal Interest
$12,194
Taxes
$1,498

Home Price

$2,350,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$470,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,193.64

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,193.64 $1,498.13 $0.00 $13,691.77
Yearly $146,323.73 $17,977.50 $0.00 $164,301.23
Total $4,389,711.92 $539,325.00 $0.00 $4,929,036.92

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (North Hollywood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T23:34:32.000Z

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