5527 Clybourn Avenue, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath
5527 Clybourn Avenue
North Hollywood, California 91601
Property Price
SUMMARY
Analysis of 5527 Clybourn Avenue, North Hollywood, California 91601 is currently available with a list price of $999,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1949, this triplex shows signs of regular maintenance and some updates, likely 15-25 years ago, but is not extensively renovated. The kitchens feature dated granite countertops, older wood cabinets, and basic appliances. Bathrooms are functional with newer vanities but retain older tile work and basic light fixtures. Flooring is a mix of laminate and older ceramic tile, with one unit showing worn carpet. The property lacks central HVAC, relying on wall heaters and window AC units. While clean and livable, it requires minor updates to kitchens, bathrooms, and systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Asset
This triplex features three 1-bedroom, 1-bathroom units, explicitly marketed as an income-producing property, offering immediate cash flow potential for investors.
- Strategic Location
Perfectly situated on the desirable Burbank-North Hollywood border, providing excellent access to major studios, freeways, shopping, and dining, which drives strong tenant demand.
- Flexible Investment Options
The property offers versatile potential for various investor strategies, including portfolio expansion, owner-occupancy with rental income, or redevelopment for added value.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1949, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, roofing) that may require significant capital expenditures for maintenance or upgrades in the near future.
- Uniform Unit Size
All units are 1-bedroom, 1-bathroom, which may limit the diversity of the tenant pool and potentially restrict rental income growth compared to properties with varied or larger unit configurations.
- Undisclosed Unit Condition
The description lacks specific details on recent renovations or the interior condition of the units, implying potential for dated interiors that may require modernization to maximize rental income and tenant appeal.
About 5527 Clybourn Avenue
5527-5529 Clybourn Avenue! Don’t miss this incredible opportunity to own a versatile triplex perfectly located on the desirable Burbank–North Hollywood border! This income-producing property features three 1-bedroom, 1-bathroom units totaling 1,789 SF of living space on a 5,883 SF lot. Each unit offers strong rental potential. All units are currently occupied. The front unit will be delivered vacant. The property’s prime location provides easy access to major studios, freeways, shopping, and dining—making it a highly sought-after area for tenants and investors alike. Whether you’re looking to expand your portfolio, live in one unit and rent the others, or redevelop for added value, this property offers endless potential.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1949
- Lot Size
- 5,883 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,789 | 2,408 | 27% |
| Lot Size | 5,883 | 6,750 | 9% |
| Price | $1000.0K | $1.05M | 36% |
| Price per sq ft | $559 | $488 | 82% |
| Built year | 1949 | 1950 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 137 | 55% |
Pricing History
Listed for Sale
Oct 20, 2025
$999,999
Initial Listing