Home | Los Angeles County | North Hollywood | 91601 | 5629 Cleon
5629 Cleon, North Hollywood, CA 91601
MLS: CRBB26098181 | Status: Active | Price: $1,285,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
5,553 |
1954 |
5629 Cleon Ave is a fully leased four-unit multifamily investment opportunity located on a quiet, tree-lined street in one of North Hollywood's most desirable pockets just moments from the NoHo Arts District.
The property has recently been stabilized at 100% occupancy, providing investors with immediate cash flow from day one. Two of the four units have been leased on brand-new 2026 lease agreements, reducing near-term turnover risk while providing predictable income. The property's efficient four one-bedroom unit mix continues to attract strong tenant demand in one of Los Angeles' most sought-after rental submarkets.
A standout feature of the offering is Unit D, which recently underwent an extensive renovation including updated flooring, countertops, designer bathroom finishes, and new appliances. Following completion of the renovation, the unit leased in just two days, demonstrating the strong rental demand and rent potential for upgraded units in the area.
In addition to stable in-place income, the property offers meaningful value-add potential. Two units are currently leased below market rents, providing a clear path for future revenue growth through natural tenant turnover and rental increases. Current rents average $2,022 per month compared to an estimated market r
| Field |
Value |
| MLS # |
CRBB26098181 |
| MLS Source |
California Regional MLS |
| Days on Site |
53 |
Features
Interior Features
| Feature |
Details |
| Appliances |
Oven Range - Gas, Refrigerator |
| Laundry |
Community Facility |
| Cooling |
Window/Wall Unit |
| Heating |
Forced Air |
Exterior Features
| Feature |
Details |
| Pool |
None |
| Feature |
Details |
| Garage/Parking |
Garage: 0 Car(s) |
| Listing Agent |
Co-Listing Agent |
| Cheyenne Womack |
Lauren Cearley |
| Myunits.com Inc. |
Myunits.com Inc. |
| License #: 02064825 |
License #: 02146823 |
| Phone: (805) 973-7470 |
Phone: (213) 302-8662 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
4 |
4 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
520 |
– |
0/0 |
– |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of June 26, 2026. For the most current information, please contact Cheyenne Womack, (805) 973-7470.