5819 Cleon AVE, North Hollywood, CA 91601
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5819 Cleon AVE, North Hollywood, CA 91601
5819 Cleon AVE, North Hollywood, CA 91601
5819 Cleon AVE, North Hollywood, CA 91601
5819 Cleon AVE, North Hollywood, CA 91601
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Aaron Rivas

Aaron Rivas

+1(626) 407-8020
$ 2,350,000
Est. payment /mo
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5819 Cleon AVE North Hollywood, CA 91601

8 Beds

6 Baths

2,975 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,975 sqft

Price per Sqft $789

MLS Listing ID 26102649

Bedrooms 8

Full Baths 6

HOA Y/N No

Year Built 2022

Lot Size 6,603 Sqft

Property Sub-Type Single Family Residence

Property Description

Turnkey North Hollywood investment! Built in 2022, this two-building triplex offers approx. 3,008 sq ft, 8 bedrooms, and 7 full / 2 half baths on a 6,602 sq ft lot (LAR1). Units: 4BD/3.5BA (1,599 sf), 3BD/3.5BA (1,113 sf), and 1BD/1BA (296 sf). Modern exterior, coffered ceilings, quartz counters, tankless water heaters, split A/C, plus 4-car driveway. Excellent condition, no repairs needed. INCOME IN PLACE: master lease on all six units at 5813-5819 Cleon Ave, is $27,000/mo total, increase through year 6, then $29,700/mo; tenant pays utilities and maintains the units. Operating as a licensed recovery facility. BUYER TO ASSUME THE EXISTING LEASE. Near the 170 Fwy, schools, medical centers, and parks. Buyer to verify all information If 5817-5819 sells separately, tenant pays utilities and maintains the units..Rent: $27,000/month ($324,000/year) to one tenant, with a $27,000 security .deposit. These triplex is also good for traveling physician or Nurses with a freelance contract sponsored by their cooperation. 5813-5815 Cleon Ave, 5817-5819 Cleon Ave , Both together are, Living area of 3,420 sqft, & 3,008 sqft , with total of 6,428 sqft... 8 Bedrooms each , making 16 bedrooms total , Bathrooms 6 full + 2 half , 7 full + 2 half , 13 full + 4 half... 5813-5815;...Unit 1: 4 bd / 3 full + 1 half, 1,864 sf....Unit 2: 1 bd / 1 ba, 396sf...Unit 3: 3 bd / 2 full + 1 half, 1,160 sf...5817-5819:...Unit 1: 4 bd / 3 full + 1 half, 1,599 sf....Unit 2: 1 bd / 1 ba, 296 sf....Unit 3: 3 bd / 3 full + 1 half, 1,113 sf....

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR1

Interior

Interior Features Furnished

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Furnishings Furnished

Fireplace No

Appliance Dishwasher, Electric Oven, Microwave, Oven

Exterior

Parking Features Carport, Driveway

Fence Invisible

Pool None

View Y/N No

View None

Private Pool No

Building

Entry Level Two

Architectural Style Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2415002037

Security Features Security Gate

Acceptable Financing Trust Deed

Listing Terms Trust Deed

Financing Cash,FHA,VA

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Olykayode Otitoloju Exclusive Realty Inc #01713711
Aaron Rivas

Aaron Rivas

Broker Associate

+1(626) 407-8020

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5819 Cleon AVE