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$1,050,000
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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 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.
Full Property Details
Full Property Details for 5738 N Klump Ave
General
- Sold For: $1,050,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25239966
- Added to Site: 63 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Carport
- Parking: Carport
Location
- Area: NHO - North Hollywood
- County: Los Angeles
- Development Name: NHO - North Hollywood
- Driving Directions: Four plex is located on both klump Ave and Fair Ave. Property extends from one street to the other.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Klump Ave and Fair Ave
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,380
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1665
- Lot Size Source: Public Records
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $441.18
- Price Per Unit: 262500
Listed by Keller Williams Realty, Waseem Rabih
Sold by MBE Realty, Inc., Mikhail Babayan
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Schools
Schools serving 5738 N Klump Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lankershim Elementary School, Los Angeles, CA 5250 Bakman Ave., Los Angeles, CA 91601 | K-5 | 0.6 mi |
Walter Reed Middle School 4525 Irvine Ave., Los Angeles, CA 91602 | 6-8 | 1.6 mi |
East Valley Senior High School 5525 Vineland Ave., Los Angeles, CA 91601 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5738 N Klump Ave
Date
Details
Price
Change
Source
12/19/2025
Sold
$1,050,000
—
MLS
11/15/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5738 N Klump Avenue, North Hollywood, CA 91601 (MLS# OC25239966) is a Multi-Family property that was sold at $1,050,000 on December 19, 2025. Want to learn more about 5738 N Klump Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

