Triplex with Detached
6041 Cleon Ave, North Hollywood, CA 91606
For Sale
$899,000
Residential Income, North Hollywood, CA
Property Size1,745 SF
Lot Size0.16 Acres
Price / SF$515.19
Days on Market48
Property Features for 6041 Cleon Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Aliza Tesar · License #02001690
(323) 821-2102
Added: Sep 23
Changed: Oct 30
Last Checked: Nov 9 at 4:06AM
MLS# 26989783
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 6041 Cleon Avenue, the property combines three separately functioning residences with a detached storage building. The central residence has three bedrooms, one bathroom, dual entrances, and private patios. A separate rear residence includes one bedroom, one bathroom, a kitchen, laundry area, and outdoor space. The front building has high ceilings, storage, a utility room, and a half bath. Heating is central, with wall/window units and ceiling fans for cooling. The structures are scheduled for delivery vacant at closing.
The property occupies 0.1591 acres and contains 1,745 square feet. Built in 1953, it is zoned LARD1.5. Driveway parking is gated. The NoHo Arts District, dining, shopping, entertainment, major studios, public transportation, and freeway access are described as nearby.
The property occupies 0.1591 acres and contains 1,745 square feet. Built in 1953, it is zoned LARD1.5. Driveway parking is gated. The NoHo Arts District, dining, shopping, entertainment, major studios, public transportation, and freeway access are described as nearby.
Key Highlights
- Three separately functioning residences on one property
- Central residence with 3 bedrooms, 1 bathroom, dual entrances, and private patios
- Detached rear residence with 1 bedroom, 1 bathroom, kitchen, laundry area, and outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,144
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,880
$762.9K
Cap Rate 7%
$544,914
$544.9K
Cap Rate 9%
$423,822
$423.8K
Market Conditions
NOI Build-Up for 1,745 SF
Gross rent
$67.0K $38.40/SF
− Vacancy
−$16.1K −$9.25/SF
EGI
$50.9K $29.15/SF
− OpEx
−$12.7K −$7.29/SF
NOI
$38.1K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,880
Cap Rate 7%
$544,914
Cap Rate 9%
$423,822
Alternative Uses
Best Use
Office B
$544.9K
$476.8K – $635.7K
NOI $38,144 @ 7.0% cap · market cap 4.24%
Second Best
Mixed Use
$504.8K
$441.7K – $588.9K
NOI $35,336 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$934.3K
$817.5K – $1.09M
NOI $65,399 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
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Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in North Hollywood, CA
Properties on Market for Triplexes in North Hollywood
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately functioning residences share a gated property with an additional detached storage building.
Where is this triplex located?
The property is located at 6041 Cleon Ave North Hollywood, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three separately functioning residences on one property; Central residence with 3 bedrooms, 1 bathroom, dual entrances, and private patios; Detached rear residence with 1 bedroom, 1 bathroom, kitchen, laundry area, and outdoor space
