5262 Cleon Avenue

North Hollywood, CA 91601

$950,000
Last Sold Price
7
Beds
3
Baths
1,108 Sq. Ft.
$857 / Sq. Ft.
1,108
Sq. Ft.
$857
per Sq. Ft.

Description

Development opportunity in prime NoHo Arts District zoned LAR3. There are 2 houses on the lot, with a single attached to the front house for a total of 3 units. Records shows this as a single family home, but there are 3 units total, with discovered Certificates of Occupancy for two. There may be potential for up to 7 units on this property, to be investigated and verified by the buyer. The property is within 2 blocks of the shopping/business area at Vineland and Magnolia including Ralph's, Chase...Development opportunity in prime NoHo Arts District zoned LAR3. There are 2 houses on the lot, with a single attached to the front house for a total of 3 units. Records shows this as a single family home, but there are 3 units total, with discovered Certificates of Occupancy for two. There may be potential for up to 7 units on this property, to be investigated and verified by the buyer. The property is within 2 blocks of the shopping/business area at Vineland and Magnolia including Ralph's, Chase Bank, Laundromat, and numerous restaurants, businesses and services. Everything the NoHo Arts District offers is nearby including the North Hollywood Metro Station. Owner has never lived on property nor has owner ever been inside the property therefore owner doesn't warrant the accuracy of any information. Buyer to verify all information and perform any investigations on his/her own accord.
  1. Listed by Sebastian Nasher • DRE #01964168 • Brokerage DRE #01934305 • Home Pedia,Inc

Property Details for 5262 Cleon Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1108
Assessor Parcel Number
2416-006-012
Property Attached YN
true

Location

Listing Courtesy of Home Pedia,Inc, Sebastian Nasher, DRE #01964168

Sold By Robin Paliwoda, Broker, Robin Paliwoda, DRE #00520520

Add your commute
LISTING UPDATED: 01/15/2021 09:07 PM

Property Details for 5262 Cleon Avenue

StatusClosed
MLS #SR20027117
Days on Market332
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.14 AC / 6,007 SF
CountyLos Angeles County

Location

Listing Courtesy of Home Pedia,Inc, Sebastian Nasher, DRE #01964168

Sold By Robin Paliwoda, Broker, Robin Paliwoda, DRE #00520520

Add your commute

Building Information for 5262 Cleon Avenue

Stories2Residences-Year Built1937Building Size-Lot Size0.14 AC / 6,007 SF

Payment Calculator

$6,192 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$1,007

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5262 Cleon Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $29,760
  • Gross Scheduled Income: $29,760
  • Net Operating Income: $15,000
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $11,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $11,000
Tax / Assessment Info
  • Tax Tract Number: 8122
  • Tax Census Tract: 1253.20
  • Tax Lot: 33
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,680
  • Unit Type Total Rent: $1,680
  • Unit Type Pro Forma: 1680
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 5262 Cleon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5262 Cleon Avenue

Taxable ValueLand$790,704Additions$197,676Total$988,380
Tax Record2023$12,079 ($1,007 / month)
Home Facts
Beds2Total Finished SqFt1,108 SqFtAbove Grade Finished SqFt1,108 SqFtLot Size6,007 SqFtStyleSingle Family ResidenceYear Built1937ZoningLAR3CountyLOS ANGELESAPN2416-006-012

Schools near 5262 Cleon Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 11
Rating
School
Distance
Lankershim Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

East Valley Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Pedia,Inc, Sebastian Nasher, DRE #01964168

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.