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For SaleLuxury

$2,350,000

3,402 sqft$691/sqft23 days on market

5813 Cleon Avenue Unit: 3

North Hollywood, CA 91601

· 8% down, 7% APR, 30yr fixed

6

Beds

6

Baths

3,402

Square feet

2022

Built

Listing narrative

Description

Turnkey North Hollywood investment opportunity! Built in 2022, 5813-5815 Cleon Ave is a two-story, two-building triplex offering approximately 3,420 sq ft of living space, 8 bedrooms, and 6 full / 2 half baths on a 6,608 sq ft lot zoned LAR1. The mix includes a 4BD/3.5BA unit (1,864 sf), a 3BD/2.5BA unit (1,160 sf), and a 1BD/1BA unit (396 sf). Quality construction features stucco exterior, composition shingle roof, vinyl windows, hardwood and tile flooring, central A/C with forced-air heat, tankless water heaters, and smoke/CO detectors throughout. Functional kitchens with appliances, private patios and porches, block fencing, a 2-car attached garage, and a 2-car concrete driveway. The property is in excellent condition with no repairs or modernization needed. Conveniently located near the 170 Freeway, schools, medical centers, parks, and major employment centers. Currently operating as a licensed recovery facility. BUYER TO ASSUME THE EXISTING RENTAL, with tenancy and rental income in place from day one. Ideal for investors seeking newer construction and stable, immediate cash flow. A great Investor opportunity , 3 residence , 4 years a recovery center in place under a long term lease of $27, 000 per month , Scheduled rent step to $29,000 in 6 to 9 years , its also near the NOHO arts district, the metro B line and the freeways.

Listing agent (MLS): Olykayode Otitoloju · Listing brokerage (MLS): Exclusive Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,350,000

Beds

6 bd

Type

House

Home Size

3,402 sqft

Baths

6

Lot Size

0.15 acres

Year

2022

Status

For Sale

Days on Market

23

$ / Sqft

$691

· 8% down, 7% APR, 30yr fixed
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Courtesy of Exclusive Realty Inc