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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.
Property Type(s):
Residential Income
| Last Updated | 11/15/2025 | Year Built | 1961 |
|---|---|---|---|
| Community | NHO - North Hollywood | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AREA | NHO - North Hollywood |
|---|---|
| GARAGE | Yes |
| LOT | 7253 sq ft |
| PARKING | Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Keller Williams Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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