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$ 2,350,000
Est. payment /mo
New
5819 Cleon Avenue North Hollywood (los Angeles), 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 CL26102649
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 2022
Lot Size 6,602 Sqft
Acres 0.1516
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
Zoning LAR1
Interior
Interior Features Pantry, Updated Kitchen
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Exterior Feature Other
Pool None
View Y/N false
View None
Private Pool false
Building
Story 2
Architectural Style Modern
Level or Stories Two Story
New Construction No
Others
Tax ID 2415002037
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Listed by Olykayode Otitoloju • Exclusive Realty Inc