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Four-Unit Multifamily Property with Renovated Unit
For Sale
$1,285,000

5629 Cleon, North Hollywood, CA 91601

MULTI_FAMILY - North Hollywood, CA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market94

Property Features for 5629 Cleon

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Laundry Room, Bedroom 1, Kitchen, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 3
Parking 4
Appliances Refrigerator, Gas Range
Lot features Level with Street, Landscaped, Level
Directions Located on Cleon Ave, North of Burbank Blvd.
Subdivision NHO - North Hollywood
Standard status Active
APN 2415006027
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1954
Floors in Building 1
Number of units 4
Flooring type Tile, Vinyl
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Added: May 5 Changed: Aug 4 Last Checked: Aug 6 at 7:06AM
MLS# BB26098181

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex at 5629 Cleon Ave offers a fully leased four-unit multifamily setup with an efficient one-bedroom unit mix. The property is recently stabilized at 100% occupancy. Two of the four units were leased under brand-new 2026 lease agreements, supporting a stable in-place rental profile. Unit D recently underwent an extensive renovation with updated flooring, countertops, designer bathroom finishes, and new appliances, and it leased quickly after completion.

Built in 1954, the property is served by public water and public sewer and includes separately metered gas and electric. On-site parking is provided. Interior finishes include tile and vinyl flooring, forced air heating, and wall/window and window cooling units. Appliances listed include a refrigerator and gas range.

The exterior has received recent improvements, including fresh paint and new landscaping, helping support a low-maintenance operating profile.

Key Highlights

  • Four one‑bedroom units with 100% occupancy stabilization
  • Unit D renovation with updated flooring, countertops, designer bathroom finishes, and new appliances
  • Two units on brand‑new 2026 lease agreements

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,065
Businesses Nearby

Demographics for 91601, CA

39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom units are fully leased, with one unit recently renovated and re-leased quickly.
Where is this quadplex located?
The property is located at 5629 Cleon North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Four one‑bedroom units with 100% occupancy stabilization; Unit D renovation with updated flooring, countertops, designer bathroom finishes, and new appliances; Two units on brand‑new 2026 lease agreements
More about this property
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