Millman Team Real Estate

$1,695,000
8 Bed
7 Bath
4,299 Sqft
0.31 Acre Lot

5848 Cleon Avenue, North Hollywood, California 91601

  • Residential Property Type
  • 4,299 Sqft Square Footage
  • 1938 Year Built
Property Description

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.)

Basic Details
Residential
For Sale
GD26040356
$1,695,000
None
8
7
4,299 Sqft
1938
0.31 Acre
Active
7
Single Family Residence
Features
: None
: Central Air
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
North Hollywood
91601
Cleon
5848
Avenue
W119° 37' 56''
N34° 10' 37.6''
north of burbank blvd, east of vineland blvd
NHO - North Hollywood
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Suburban
1
: Two, Multi/Split
: 2-5 Units/Acre
4
2026-02-23
1745000
2
2
: Public
Broker/Agent Information
Belmont Brokerage Inc
Arnold Daniels
Listing Information
G165114797
G8660
1031 Exchange
Active
2026-04-14T15:16:32Z
CRMLS
: Standard
2026-02-23T21:08:29Z
Agent info
Ray Millman
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