Bought with Mikhail Babayan
$1,050,000
$1,050,000
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7,251 Sqft Lot
SOLD DATE : 12/19/2025
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CROC25239966
Sold Date 12/19/25
Year Built 1961
Lot Size 7,251 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Ivestment Opportunity - Prime North Hollywood Rented Fourplex with Redevelopment Potential. Welcome to 5738-5740 N Klump Ave, 5735-5737 N Fair Ave. ( 4 addresses ) A rare investment gem located in the heart of North Hollywood's vibrant arts and entertainment district. This four-unit income property sits on a spacious lot and offers tremendous value-add potential for investors and developers alike. Currently fully rented with month to month tenants. This property provides an opportunity to a buyer looking to redevelop, revamp and modernize. With its solid bones and classic structure, it's the perfect project to renovated into a more modern fourplex that may captures today's rental demand. The neighborhood has many modern 4PLEX projects. Situated in one of the most desirable pockets of NoHo, the property is just minutes from: . NoHo Arts District - home to theaters, studios, and a thriving creative scene. . Metro Red Line and the NoHo West Development - providing direct access to Hollywood, DTLA, and major employment hubs. . Trendy restaurants, cafes, and nightlife along Lankershim Blvd and Magnolia Blvd. . Close to Universal Studios, Warner Bros., and Valley Village, making it a high-demand rental area for entertainment professionals. With its central locatio
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Laundry Other
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 2337032005
Special Listing Condition Not Applicable
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