5738 N Klump Avenue Active Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25239966
Bedrooms 5
Lot Size 7,251 Sqft
Property Sub-Type Res Income 2-4 Units
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 Hollywoods 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, its the perfect project to renovated into a more modern fourplex that may captures todays 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
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Four plex is located on both klump Ave and Fair Ave. Property extends from one street to the other.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2337032005
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional