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$1,050,000
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Property Description
This deal just got even better- just reduced $25,000. Rock-solid duplex in North Hollywood offering built-in income AND real upside - 5 beds, 4 baths (2,262 sq ft), on 5,555 sq ft on an LAR2-zoned lot - but here's where it gets interesting: L.A.'s current zoning + state housing laws open doors for MASSIVE expansion or redevelopment. Neighborhood perks? Think proximity to the NoHo Arts District, Metro access, top eateries, studios, high demand by creatives & commuters alike-all helping keep vacancy low and rents strong. Freshly Painted and well maintained! Bottom line: it's more than a duplex-it's a lever for serious upside in one of NoHo's most dynamic submarkets. Sharp investors know the numbers pencil today, but the real play is the potential tomorrow, properties like this don't just cash flow, they compound. Both tenants are open to relocation with assistance, offering buyers a clear exit strategy for vacancy if desired. Make your move-properties with this kind of potential get claimed quickly.
Full Property Details
Full Property Details for 5623 Cleon Ave
General
- Price: $1,050,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: SR25221325
- Updated: 10/24/2025
- Days on Market: 121 days
- Added to Site: 121 day(s) ago
Interior
- Rooms/Areas: Laundry, Living Room
- Fireplace(s): None
- Eating Areas: Area
- Appliances: Gas Oven, Gas Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Closet, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Attached Carport, Driveway, Garage Faces Front, Garage (Two Doors), RV Access/Parking, RV Potential
Location
- County: Los Angeles
- Driving Directions: East of Vineland North of Burbank Blvd
School Information
- School District: Los Angeles Unified
Community
- Community Features: Curbs, Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,262
- Sq. Ft. Source: Assessor
- Year Built: 1976
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1275
- Lot Size (Sq. Ft.): 5,553
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $464.19
Disclosures and Reports
- Special Conditions: Standard
Listed by Rodeo Realty, Michaelangel Cruz
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Schools
Schools serving 5623 Cleon Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Oxnard Street Elementary School 10912 Oxnard St., Los Angeles, CA 91606 | K-5 | 0.4 mi |
Walter Reed Middle School 4525 Irvine Ave., Los Angeles, CA 91602 | 6-8 | 1.7 mi |
East Valley Senior High School 5525 Vineland Ave., Los Angeles, CA 91601 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5623 Cleon Ave
Date
Details
Price
Change
Source
10/24/2025
Price Reduced
$1,050,000
-2.33%
MLS
9/19/2025
Listed
$1,075,000
233.85%
MLS
6/06/2003
Sold
$322,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5623 Cleon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,295
3%
$411,975
4%
2023
$5,117
5%
$395,979
2%
2022
$4,886
1%
$388,215
2%
2021
$4,817
-1%
$380,603
1%
2020
$4,861
4%
$376,702
2%
2019
$4,677
3%
$369,317
2%
2018
$4,550
2%
$362,077
2%
2017
$4,451
3%
$354,978
2%
2016
$4,330
1%
$348,019
2%
2015
$4,268
-1%
$342,792
2%
2014
$4,293
—
$336,078
—
2013
$4,293
—
$334,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5623 Cleon Ave
5623 Cleon Avenue, North Hollywood, CA 91601 (MLS# SR25221325) is a Duplex property with 5 bedrooms and 4 full bathrooms. 5623 Cleon Avenue is currently listed for $1,050,000 and was received on September 19, 2025. Want to learn more about 5623 Cleon Avenue? Do you have questions about finding other Duplex real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

