5848 Cleon Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $9,564/month
Highlights
- 0.31 Acre Lot
- Laundry Room
- Central Air
- No HOA
About This Home
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.)
Listing Agent
Belmont Brokerage Inc Brokerage Phone: 818-967-6311 License #02065145 Listed on: 02/23/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1938
Lot Details
- 13,547 Sq Ft Lot
- Density is 2-5 Units/Acre
Home Design
- Split Level Home
- Entry on the 1st floor
Interior Spaces
- 4,299 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
- 7 Full Bathrooms
Additional Features
- Suburban Location
- Central Air
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 2415011002
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,937 | $544,623 | $256,006 | $288,617 |
| 2024 | $6,937 | $533,945 | $250,987 | $282,958 |
| 2023 | $6,810 | $523,476 | $246,066 | $277,410 |
| 2022 | $6,506 | $513,213 | $241,242 | $271,971 |
| 2021 | $6,422 | $503,151 | $236,512 | $266,639 |
| 2019 | $6,238 | $488,229 | $229,498 | $258,731 |
| 2018 | $5,997 | $478,657 | $224,999 | $253,658 |
| 2016 | $5,720 | $460,072 | $216,263 | $243,809 |
| 2015 | $5,638 | $453,162 | $213,015 | $240,147 |
| 2014 | $5,647 | $249,376 | $208,843 | $40,533 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | Price Changed | $1,695,000 | -2.9% | $394 / Sq Ft | |
| 03/01/2026 03/01/26 | Price Changed | $1,745,000 | -12.5% | $406 / Sq Ft | |
| 02/23/2026 02/23/26 | For Sale | $1,995,000 | +703.6% | $464 / Sq Ft | |
| 11/26/2012 11/26/12 | Sold | $248,250 | -7.7% | $148 / Sq Ft | View Prior Sale |
| 08/16/2012 08/16/12 | Pending | -- | -- | -- | |
| 05/26/2012 05/26/12 | For Sale | $269,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | American Coast Title | |
| Grant Deed | $248,500 | American Coast Title | |
| Quit Claim Deed | -- | American Coast Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Grant Deed | $650,000 | Landsafe Title | |
| Individual Deed | -- | First American Title Co | |
| Gift Deed | -- | First American | |
| Individual Deed | $149,000 | Southland Title | |
| Interfamily Deed Transfer | -- | Southland Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $490,000 | New Conventional | |
| Previous Owner | $260,000 | No Value Available | |
| Previous Owner | $134,100 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26040356
APN: 2415-011-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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