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$1,195,000   Price Analysis
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5334 Cleon Ave
North Hollywood, CA 91601
4 bed 2 bath 2,080 SqFt ($574/SqFt)
6,038SqFt lot. Built 1948
Listed 2024-06-18, Taxes $12,225
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This property presents a unique opportunity for developers and investors.

With exceptional po tential for up to 40 units, the possibility are vast. Alternatively, buyers can enjoy the property as an owner-user and take advantage of the space by adding ADU and Junior ADU.

Both units have been remodeled. Whether your are lookng to expand your real estate portfolio or seeking a place for additional rental income.


Presented by Shawn Mehrannia at
HOME TEAM REALTY.


Property MLS #24-394342 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Laundry Facilities: Community
Laundry Features: Community

Cooling Features: Wall/Window
Heating Features: Wall Gas

Lot Size Acres: 0.1386134
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6038

Garage Description: Covered Parking
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 2 BedsTotal: 2, 2 BathsTotal: 1

Source Listing Status: Active
County: Los Angeles
Directions: SOUTH OF BURBANK NEXT TO VINELAND, CORNER DUPLEX ON CHANDLER AND CLEON.
Source Property Type: Residential Income
Area: North Hollywood
Source Neighborhood: North Hollywood
Parcel Number: 2416-007-015
Postal Code Plus 4: 3308
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$408,000 + $612,000
$1,020,000
$12,225
2021$77,979 + $160,887
$238,866
$3,128
2020$241,765 + $329,680
$571,445
$3,154
2019$237,025 + $323,216
$560,241
$6,896
2018$232,378 + $316,879
$549,257
$6,782
2017$72,730 + $150,054
$222,784
$2,867
2016$71,304 + $147,112
$218,416
$2,781
2015$70,233 + $144,903
$215,136
$2,742
2014$68,858 + $142,065
$210,923
$2,764
2013$68,547 + $141,423
$209,970
$2,764
2012$67,203 + $138,650
$205,853
$2,802
2010$65,886 + $135,932
$201,818
$2,751
2009$65,550 + $135,238
$200,788
$2,652
2009$65,394 + $134,917
$200,311
$2,652
2008$64,265 + $132,587
$196,852
$2,544
2007$63,005 + $129,988
$192,993
$2,453

Listed 2024-06-18
$1,195,000
TheMLSCLAW
Listing removed 2021-04-20
$0
CRISNET
Sold 2021-04-16
$1,000,000
CRISNET
Listed 2020-07-16
$1,130,000
CRISNET
Listing removed 2018-02-14
$2,150
Zumper
Listed for rent 2017-12-30
$2,150
Zumper
Listing removed 2017-12-29
$2,150
Zumper
Listed for rent 2017-11-24
$2,150
Zumper
Listing removed 2017-11-21
$2,195
Zumper
Listed for rent 2017-11-17
$2,195
Zumper
Listing removed 2017-09-25
$2,495
AppfolioUnits
Listed for rent 2017-09-16
$2,495
AppfolioUnits
Sold 1981-02-03
$51,000
Public Record
Sold 1979-09-25
$68,500
Public Record

Total Square Feet Living: 2080
Year Built: 1948
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 76
Year Built Source: Vendor Enhanced

East Valley Senior High School is a public high school located approximately 0.2 miles away.
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Lankershim Elementary School is a public elementary school located approximately 0.5 miles away.
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Walter Reed Middle School is a public middle school located approximately 1.4 miles away.
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Oakwood School is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.