Property Detail

5334 Cleon

North Hollywood CA 91601

$1,295,000

Status: Active

Property Details

Description

Cap Rate Just Got Better – Major Price Adjustment! Prime North Hollywood Triplex – All Vacant Remodeled & New Construction with Development Potential Located in the vibrant heart of North Hollywood, just steps from the Arts District, this exceptional triplex presents a rare opportunity for investors and owner-users alike. Set on an R3-zoned lot, the property includes two fully remodeled units and a brand-new third unit, combining modern comfort with unbeatable income potential. Whether you're looking to live in one and rent out the other two, or expand the property portfolio, this offering checks all the boxes. The R3 zoning provides significant upside—build additional units or take advantage of the lot's full potential to develop a multi-unit apartment building in one of LA’s most desirable rental markets. Don't miss this chance to secure a versatile property in a rapidly growing neighborhood with excellent walkability to local cafes, galleries, and transit

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM Closed Closed https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg realtor # # # https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg 10969556 9492465452 02054356 9497060426 01397481 9499030026 02077688 9495007057 01963052 7143173874 02224448 7146093424