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.
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.
Property Details
Price:
$1,050,000
MLS #:
OC25239966
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
nho
Listed Date:
Nov 15, 2025
Total Sq Ft:
2,380
Lot Size:
7,251 sqft / 0.17 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Laundry Features
IN
Exterior
Community Features
SDW
Parking Spots
6
Financial
Map
Community
- Address5738 N Klump AV Lot 17 North Hollywood CA
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
Market Summary
Current real estate data for Single Family in North Hollywood as of Nov 29, 2025
167
Single Family Listed
58
Avg DOM
335
Avg $ / SqFt
$747,624
Avg List Price
Property Summary
- 5738 N Klump AV Lot 17 North Hollywood CA is a Single Family for sale in North Hollywood, CA, 91601. It is listed for $1,050,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1961. The average price per square foot for Single Family listings in North Hollywood is $335. The average listing price for Single Family in North Hollywood is $747,624.
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.5738 N Klump AV Lot 17
North Hollywood, CA