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5848 Cleon Ave, North Hollywood, CA 91601

List Price: $1,995,000On Market FlagOn market
Jan 31, 20254,299 sqft8 beds7 baths
Listed by: Arnold Daniels
License #: 02065145
Phone #: 818-967-6311
Coldwell Banker Hallmark Realty
Source:
CRMLS Logo
MLS #: 25492253

Property Description

Prime investment at 5848 & 5846 Cleon Ave, North Hollywood. This property features a 2,118 sqft main house with 3 beds, 2 baths, central AC, and a 459 sqft oversized garage, paired with a modern 1,200 sqft ADU, a permitted 500.5 sqft guest house, and a 480.5 sqft recreation room. A 67 sqft laundry room, 201 sqft covered patio, and fruit-bearing garden boost appeal. Generating ~$9,000/month in rental income, in addition if you do SB-9, it offers room for another home and junior ADU for maximizing ROI in dynamic North Hollywood.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$33,444

TurboHome Estimated Value

$2,112,300

$491 sqft

High Valuation
$2,217,915
$516/sqft
Normal Valuation
$2,112,300
$491/sqft
Low Valuation
$2,006,685
$467/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$491/sqft$2,112,300

Neighborhood: North Hollywood

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Comparative Value

$2.00M

$2.20M

5848 Cleon Ave, North Hollywood, CA 91601

List Price: $1,995,000

Subject Property

11259 Otsego St, North Hollywood, CA 91601

Sale Price: $2,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5848 Cleon Ave, North Hollywood, CA 91601

5848 Cleon Ave, North Hollywood, CA 91601

List: $1,995,000

Listed: 1/31/2025

Area:4,299 sqft
Price/sqft:$464
Beds:8
Baths:7
Year Built:
Lot Size:13,551

Comparable Properties

COMPARABLE
Choose comps
11259 Otsego St, North Hollywood, CA 91601

11259 Otsego St, North Hollywood, CA 91601

Sale: $2,200,000

8/8/20251.08 mi

Area:5,327 sqft
Price/sqft:$413
Beds:8
Baths:8
Year Built:
Weight:100.0%

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