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6137 Clybourn Avenue, North Hollywood, California 91606, North Hollywood, 91606 - 4 bed, 2 bath

6137 Clybourn Avenue, North Hollywood, California 91606 home-pic-0
ACTIVE UNDER CONTRACT$550,000
6137 Clybourn Avenue, North Hollywood, California 91606
4Beds
2Baths
1,805Sqft
7,500Lot
Year Built
1951
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$305
HOA
-
Days on market
-
Sold On
-
MLS number
OC25262535
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $550.0K(14th), sqft - 1805(14th), beds - 4(86th), baths - 2(86th).

A rare opportunity in the heart of North Hollywood! Offered at an exceptional price, this two-unit duplex on a 7,500 SqFt lot presents a unique chance for the right investor to secure long-term value in one of LA’s fastest-evolving neighborhoods. Properties at this price point simply do not come up in this area — making this a compelling addition to any buy-and-hold portfolio. The property features two spacious 2-bed, 1-bath units (approx. 1,800 SqFt combined) plus a detached garage, which offers future ADU potential. Located minutes from the NoHo Arts District, NoHo West, Burbank, major studios, Toluca Lake, Metro/subway access, and key commuter freeways, this is a prime location poised for continued appreciation. The property is priced accordingly to reflect current rental levels and RSO conditions, giving investors the ability to acquire a North Hollywood duplex at a significant discount relative to the broader market. For buyers who understand Los Angeles rent-controlled assets, this represents a stable, low-entry-cost investment with strong long-term upside. Zoned R2-1, the lot offers versatility for future improvement or redevelopment as city laws evolve. Buyers are encouraged to conduct their own due diligence regarding potential uses, ADU feasibility, and all RSO/LAHD guidelines. Please do not disturb tenants. All information is deemed reliable but should be independently verified by the buyer.

Nearby schools

4/10
Oxnard Street Elementary School
Public,•K-5•0.5mi
8/10
Bret Harte Elementary School
Public,•K-5•0.8mi
5/10
Fair Avenue Elementary School
Public,•K-5•1.0mi
8/10
Providencia Elementary School
Public,•K-5•1.0mi
3/10
Maurice Sendak Elementary School
Public,•K-5•1.2mi
9/10
Theodore Roosevelt Elementary School
Public,•K-5•1.5mi
6/10
Lankershim Elementary School
Public,•K-5•1.5mi
7/10
Toluca Lake Elementary School
Public,•K-5•1.6mi
5/10
Victory Boulevard Elementary School
Public,•K-5•1.9mi
4/10
Camellia Avenue Elementary School
Public,•K-5•2.0mi
5/10
Bellingham Elementary School
Public,•K-5•2.3mi
7/10
Burbank Boulevard Elementary School
Public,•K-5•2.4mi
7/10
Rio Vista Elementary School
Public,•K-5•2.5mi
2/10
Julie Korenstein Elementary School
Public,•K-5 & ungraded•2.7mi
6/10
John B. Monlux Elementary School
Public,•K-5•2.8mi
5/10
Strathern Street Elementary School
Public,•K-5•3.2mi
6/10
Luther Burbank Middle School
Public,•6-8•0.5mi
4/10
Roy Romer Middle School
Public,•6-8•2.2mi
6/10
Walter Reed Middle School
Public,•6-8•2.5mi
5/10
David Starr Jordan Middle School
Public,•6-8•2.7mi
6/10
Arroyo Seco Museum Science
Public,•K-8•10.5mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•0.6mi
3/10
East Valley Senior High School
Public,•9-12•1.0mi
5/10
Sun Valley Engineering And Technology Magnet
Public,•6-12•1.8mi
8/10
North Hollywood Senior High School
Public,•9-12•2.0mi
7/10
Burroughs High School
Public,•9-12•2.0mi
8/10
Burbank High School
Public,•9-12•2.5mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.3mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.7mi

Price History

Date
Event
Price
11/25/25
Listing
$550,000
Condition Rating
Poor
Built in 1951, this property is 73 years old. The images reveal highly outdated kitchen and bathroom conditions, consistent with renovations 30-50+ years ago or minimal updates since original construction. The kitchen features old light wood cabinets, laminate countertops, and older white appliances. The bathroom also shows basic, dated fixtures and flooring. The property description itself notes the age as a weakness and suggests 'significant capital investment for updates, renovations, or addressing deferred maintenance.' While functional, the property requires substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Theodore Roosevelt Elementary School (9/10).
Exceptional Investment Value: Positioned at an 'exceptional price' and 'significant discount' in a rapidly evolving North Hollywood neighborhood, offering strong long-term appreciation potential for investors.
Income-Generating Duplex with ADU Potential: Features two spacious 2-bed, 1-bath units providing immediate rental income, complemented by a detached garage with clear Accessory Dwelling Unit (ADU) conversion potential to maximize future revenue.
Prime & Highly Accessible Location: Strategically located minutes from the NoHo Arts District, NoHo West, major studios, Burbank, and Toluca Lake, with excellent access to Metro/subway and key commuter freeways, ensuring high tenant demand.
Flexible R2-1 Zoning & Generous Lot Size: The 7,500 SqFt lot and R2-1 zoning offer significant versatility for future improvements, expansion, or potential redevelopment, enhancing long-term asset value.
Stable Buy-and-Hold Asset: For investors familiar with Los Angeles's rent-controlled market, this property represents a stable, low-entry-cost investment with a predictable income stream and strong long-term upside.

Cons

Rent Stabilization Ordinance (RSO) Limitations: Subject to Los Angeles's Rent Stabilization Ordinance, which can restrict rent increases and add regulatory complexities for property management, potentially limiting income growth.
Age of Property (1951 Build): Built in 1951, the property may require significant capital investment for updates, renovations, or addressing deferred maintenance to meet modern tenant expectations or maximize rental value.
Tenant Occupied & Restricted Access: Currently tenant-occupied with a 'do not disturb' directive, which may limit access for comprehensive inspections and showings, complicating due diligence and potentially impacting immediate owner-occupancy or renovation plans.

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