This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.ca.

6736 Cleon Ave
North Hollywood, CA 91606

Cleon Apartments · Multifamily Property For Sale · 61 Units

PROPERTY FACTS

No. Units 61
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.17 AC
Building Size 33,542 SF
No. Stories 2
Year Built 1974
Parking Ratio 1.82/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Hardwood Floors
  • Smoke Free

Site Amenities

  • Laundry Facilities
  • Spa
  • Gated
  • Vintage Building

About 6736 Cleon Ave , North Hollywood, CA 91606

Pleased to present the opportunity to acquire 6736 Cleon Avenue, a 61-unit multifamily community located in the southern San Fernando Valley submarket of North Hollywood. With a boutique styling living atmosphere and full range of amenities 6736 Cleon Avenue is well positioned to capture a meaningful share of this dynamic market’s growth. The property features 33,542 square feet of gross rentable area, situated on a large 51,122-square foot lot. Built in 1974, 6736 Cleon Avenue is a 61-unit apartment community composed of 28 studio/one-bathroom units, 32 one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit. The property offers residents a resort style swimming pool, courtyard, on-site laundry facilities, controlled building access and ample parking. Over the past decade, North Hollywood has undergone a radical transformation into a dynamic environment that is attracting a wave of young, well-educated and high-wage earning residents. Seeking more affordable rents, these new residents found a transit-oriented location that is central to major employment centers via the North Hollywood Metro Station and the freeway system. North Hollywood also offers an authentic urban village in its vibrant “NoHo Arts District”. As the appeal of North Hollywood has continued to grow, a ?ood of new shops, restaurants, art galleries, and playhouses have opened to cater to this new resident pool. This buying opportunity offers the rare ability to buy a mid-size, community with a true value-add component. Given the market’s ongoing and future growth, 6736 Cleon Avenue should be a top performing asset in any investor’s portfolio.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 28 $1,175 -
1+1 32 $1,240 -
2+1 1 $1,872 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2414-023-010
Land Assessment
$7,170,423
Improvements Assessment
$2,030,095
Total Assessment
$9,200,519

zoning

Zoning Code R3
R3
  • Listing ID: 14041657

  • Date on Market: 2018-10-11

  • Last Updated:

  • Address: 6736 Cleon Ave, North Hollywood, CA 91606

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}