Property listed by Keller Williams Realty, Waseem Rabih 408-691-9139
$1,050,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1961
MLS Number
OC25239966
Additional Details
Building
Built in 1961, 2 stories, Levels: Two, Entry level: 1, Entry location: Klump Ave and Fair Ave
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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