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Prime investment opportunity in dynamic North Hollywood! Generating approximately $9,000/month in current rental income, this expansive multi-structure estate at 5848 & 5846 Cleon Ave immediate cash flow with fantastic future upside. The spacious 2,118 sq. ft. main residence features 3 bedrooms, 2 bathrooms, central A/C, and a 459 sq. ft. oversized garage. Accompanying the main house is a beautifully updated, modern 1,200 sq. ft. ADU and a versatile 500 sq. ft. guest house. Incredible bonus amenities include a massive 480 sq. ft. recreation room, a dedicated 67 sq. ft. laundry room, a 201 sq. ft. covered patio, and a lush, fruit-bearing garden that maximizes tenant appeal. Boasting a sprawling footprint, this property has incredible upside with potential for SB-9 expansion or additional development. A rare, high-performing asset in a highly desirable neighborhood! (Buyer and Buyer's Agent to independently verify all square footage, room counts, permits, zoning, and SB-9/development potential with the City of Los Angeles.)
The income description goes here to explain
| List Price | $1,995,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 4,299 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1938 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2415011002 |
| MLS # | GD26040356 |
| Property ID | 321233960 |
| Lot Sqft | 13,547 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 6 |
| Original List Price | $1,995,000 |
| Date Updated | February 26, 2026 |
| Date Created | February 23, 2026 |
Arnold Daniels an agent of . Lic #02065145
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 26, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT