5629 Cleon AVE, North Hollywood, CA 91601

Building Details

Year Built

1954

Listing office Myunits.com Inc. c***@myunits.com Show Phone

Listing date May 7, 2026

Source Exitrealty

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Overview

5629 Cleon Ave presents a four-unit residential income quadplex arranged as four one-bedroom units. The property includes three in-place units providing day-one income and one vacant unit that is extensively renovated and move-in ready. The renovated unit features updated flooring, countertops, designer bathroom finishes, and brand new appliances, supporting an owner-user who wants to settle in without renovation downtime.

The property is described as located on a quiet, tree-lined street in North Hollywood, moments from the NoHo Arts District. It is also positioned near the North Hollywood Metro Station, with access to dining, coffee, retail, and entertainment. Recent exterior improvements include fresh paint and new landscaping, helping reduce near-term capital needs.

For buyers seeking an owner-occupied structure, the mix allows you to live in a fully updated unit while offsetting housing costs with rental income from the three occupied apartments. Separately metered gas and electric are noted, contributing to a low-expense operating profile, and the remarks cite a 5.33% cap rate. The current unit mix of four one-bedrooms is intended to support consistent leasing activity, with the opportunity highlighted that in-place rents trend toward market.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

North Hollywood

County

Los Angeles

State

California

Longitude

-118.3682214

Latitude

34.1730122

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FAQs

What type of property is this?

Quadplex - Owner-user quadplex with three occupied units and one vacant, fully renovated one-bedroom ready for immediate move-in.

Where is this quadplex located?

The property is located at 5629 Cleon AVE North Hollywood, CA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Owner‑user quadplex (4 one‑bedroom units) with 3 occupied units plus 1 vacant, fully renovated unit; One vacant unit is move‑in ready with updated flooring, countertops, designer bathroom finishes, and brand new appliances; Separate gas and electric meters for a low‑expense operating profile