Trimark Realty
5629 Cleon primary photo
Active·Multi-Family (Fourplex)

$1,350,000

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5629 Cleon, North Hollywood CA 91601

4 beds4 baths2,080 sqft

Multi-Family (Fourplex)

Property type

31 days

On market

$649

Price per sqft

0 cars

Garage

1954

Year built

5,553 sqft

Lot size

Home highlights

Tile floorVinyl floor

Open Houses

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Overview

5629 Cleon Ave is a rare owner-user 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 offers a compelling opportunity to live in a fully renovated, move-in ready unit while offsetting your monthly housing cost with income from three in-place units, creating a significantly...

Listing provided by: Cheyenne Womack DRE #02064825 805-973-7470, Myunits.com Inc., Lauren Cearley DRE #02146823 213-302-8662, Myunits.com Inc.

Listing updated: May 7, 2026 at 01:41pm.

Last checked: Jun 4, 2026 at 12:00pm

Source: CRMLS #BB26098181

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
111$0$0$2,300Unfurnished
111$2,100$2,100$2,100Unfurnished
111$1,909$1,909$2,100Unfurnished
111$1,828$1,828$2,100Unfurnished
  • # of Buildings: 1

  • # of Units Total: 4

  • Separate Electric Meters: 4

  • Separate Gas Meters: 4

  • Separate Water Meters: 1

  • Ranges: 4

  • Refrigerator: 4

  • Rent Control: Yes

Financial Snapshot

Gross Rent Multiplier

13.1x

List Price / Annual Gross Rent

Cap Rate

5.33%

NOI / List Price

  • Gross Scheduled Income: $103,200

  • Vacancy Allowance: $3,906

  • Operating Expense: $23,602

  • Net Operating Income: $71,987

Annual Operating Expenses

  • Electric: $0

  • Gardener: $1,200

  • Fuel: $0

  • Insurance: $1,872

  • Maintenance: $900

  • New Taxes: $16,030

  • Trash: $1,800

  • Water / Sewer: $1,800

Interior

  • Room Type: Kitchen, Living Room

  • Flooring: Tile, Vinyl

  • Cooling: Wall Window Units

  • Heating: Forced Air

  • Appliances: Gas Range, Refrigerator

  • Laundry: Common Area

  • Entry Location: 1

Exterior

  • Property Attached: Yes

  • Stories Total: 1

  • Levels: One

  • Common Walls: Two Common Walls Or More, No One Above, No One Below

  • Lot Features: Landscaped, Level, Street Level

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

  • View: Neighborhood

  • Road Surface Type: Paved

Garage and Parking

  • Garage Spaces: 0

  • Uncovered Spaces: 4

  • Parking Total: 4

Lot Information

  • Land Lease: No

  • Common Interest: None

  • Parcel #: 2415006027

  • Additional Parcels: No

  • Tax Lot: 133

Community

  • Senior Community: No

    • Community Features: Curbs, Street Lights, Sidewalks

    Nearby Schools

    Nearby schools around the 5629 Cleon, North Hollywood, CA 91601. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $1,080,000

    Total Interest

    $1,377,480

    Total Payment

    $2,457,480

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $8,383

    per month

    Principal
    $976
    Interest
    $5,850
    Property Tax
    $1,406
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 5629 Cleon

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    North Hollywood Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 91601.

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