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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25239966
HOA Y/N No
Rental Info Month To Month
Year Built 1961
Lot Size 7,252 Sqft
Property Sub-Type Quadruplex
Property Description
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 location, zoning, and upside potential, This 4plex presents a prime redevelopment opportunity for an investor ready to capitalize on one of the most dynamic areas in Los Angeles.
Whether you choose to renovate, rebuild, or hold for future appreciation, this property offers endless possibilities in a neighborhood where modern multifamily living is in high demand. This Opportunity will not last so SCHUDULE A VISIT ASAP.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Carport
Garage Spaces 2.0
Carport Spaces 4
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2337032005
Energy Description 1.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Lease Land No
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