Description
Attention investors! don't miss out on this prime opportunity in the heart of north hollywood, one of la's hottest up-and-coming neighborhoods. the noho arts district is buzzing with energy and rapidly gaining recognition as one of the trendiest locales in los angeles. known for its vibrant arts scene, noho boasts over 12 live theaters, professional dance and acting studios, recording studios, and a dynamic mix of dining and nightlife options. plus, with direct access to the metro link, noho offers convenient connections to the rest of the city. this unique property features three detached units no shared walls offering privacy and flexibility for both investors and owner-occupants. *front house (5258 cleon ave): a charming 2-bedroom, 1-bathroom home with approximately 1,100 sq. ft. of living space. the unit is equipped with modern amenities, including a washer and dryer, stove, built-in microwave, dishwasher, garbage disposal, refrigerator, custom kitchen completely renovated with granite counter tops. four window ac units: one in each bedroom and one in living room and dining room. *back house (5256 cleon ave): a cozy 1-bedroom, 1-bathroom house with approximately 460 sq. ft. of living space, complete with a refrigerator, stove, and window ac unit in the bedroom and living room, full bathroom with bathtub and marble floor. *studio unit (5256 cleon ave): a spacious studio apartment, offering approximately 380 sq. ft. of living space. the unit features a full kitchen, stove,refrigerator, garbage disposal, custom cabinets and bathroom with a bathtub and shower, ample closet space with sliding mirrored doors, and a window ac unit. the property includes a carport and 2-car parking pad in front of the back units and a long driveway with space for at least 2-3 additional vehicles. the front yard is fully fenced and offers a private garden for the front house, while the back units share a beautifully landscaped communal garden with roses and other greenery. a storage shed behind the two back units adds extra convenience. the studio unit (5256 1/2 cleon ave) will be delivered vacant, making this an ideal opportunity for anyone looking to live in the studio while renting out the other two units for steady income. it's also the perfect setup for a college-age student or a young professional looking to start investing. with new developments popping up in the area, including next door, the potential for growth is significant. whether you choose to hold and rent, develop the property further, or simply enjoy the income stream, the possibilities are endless. opportunities like this don't come around often so act fast before it's gone!
Property Type
Residential IncomeCounty
Los AngelesStyle
BungalowAD ID
47970400
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 3
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Sewer Tap Paid
Interior Features
- Roof : Asbestos Shingle
- Property Appliances: Disposal,Refrigerator
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1942
- Building Area Total: 1,940
- Construction: Stucco
- Roof: Asbestos Shingle
Accessibility Features
- None
Patio And Porch
- Concrete,Porch
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.138
- Lot Size Source: Assessor
- Lot Size Square Feet: 6010
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Listing Information
Listing Price Information
- Original List Price: 1,198,999
- Listing Contract Date: 2024-12-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2416006011
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Concrete,Detached Carport,Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Trash Collection
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3307
- Directions: From Los Angeles, take the 5 Frwy North to the 134 Frwy West, Exit 1D Cahuenga Blvd toward Hollywood. Right turn on Cahuenga, Left turn on Magnolia Blvd, Right turn on Cleon Ave.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
Building and Construction
- Property Age: 82
- Common Walls: No Common Walls
- Year Built Source: Assessor
- Total Square Feet Living: 1940
- Entry Location: Living Room
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 12/22/2024 @ 05:05
- MLS: 24470041
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,940 sqft, 6,010 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of North Hollywood , in zip code 91601, this Los Angeles County Home are nearby neighborhoods.