5738 Klump Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated payment $6,042/month
About This Home
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 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.
Listing Agent
Keller Williams Realty Brokerage Phone: 408-691-9139 License #01740892 Listed on: 11/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,083
Year Built
- Built in 1961
Lot Details
- 7,251 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 4 Carport Spaces
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 5 Bedrooms
- 2,380 Sq Ft Home
- 2-Story Property
- Laundry Room
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 1242
- Assessor Parcel Number 2337032005
- $455 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1
- Fuel Expense $1
- Insurance Expense $1
- Professional Management Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- Operating Expense $1
- Gross Income $4,700
- Net Operating Income $1
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,083 | $478,497 | $210,535 | $267,962 |
| 2024 | $6,083 | $469,115 | $206,407 | $262,708 |
| 2023 | $5,971 | $459,917 | $202,360 | $257,557 |
| 2022 | $5,703 | $450,900 | $198,393 | $252,507 |
| 2021 | $5,625 | $442,059 | $194,503 | $247,556 |
| 2020 | $5,677 | $437,527 | $192,509 | $245,018 |
| 2019 | $5,464 | $428,949 | $188,735 | $240,214 |
| 2018 | $5,353 | $420,539 | $185,035 | $235,504 |
| 2016 | $5,101 | $404,210 | $177,850 | $226,360 |
| 2015 | $5,030 | $398,139 | $175,179 | $222,960 |
| 2014 | $5,071 | $390,341 | $171,748 | $218,593 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2025 11/15/25 | Price Changed | $1,050,000 | +900.0% | $441 / Sq Ft |
| 11/15/2025 11/15/25 | For Sale | $105,000 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25239966
APN: 2337-032-005
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Based on information from California Regional Multiple Listing Service, Inc. 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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