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Sold for $1,050,000
  • Listed by: Keller Williams Realty • Waseem Rabih • Contact: 408-691-9139
    Bought with: MBE Realty, Inc.
    Tax assessed value
    $1,050,000

    5738 Klump Ave, North Hollywood, CA 91601

    5beds
    --baths
    2,380sqft
    Quadruplex
    Built in 1961
    -- sqft lot
    $1,046,000 Zestimate®
    $441/sqft
    $3,198 Estimated rent

    Home value

    $1,046,000

    $952,000 - $1.15M

    $3,198/mo

    Zestimate® history
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    What's special

    Spacious lot
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Waseem Rabih DRE #01740892 408-691-9139,

    Keller Williams Realty

    Bought with:

    Mikhail Babayan, DRE #02062000

    MBE Realty, Inc.

    Source: CRMLS,MLS#: OC25239966MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 2,380 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Garage spaces: 2
    • Carport spaces: 4
    • Covered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Klump Ave and Fair Ave
    • Pool features: None
    Lot
    • Size: 7,251 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 2337032005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: North Hollywood

    Financial & listing details

    • Price per square foot: $441/sqft
    • Tax assessed value: $1,050,000
    • Date on market: 11/15/2025
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Conventional
    • Lease term: Month To Month
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    12/19/2025Sold$1,050,000$441/sqft
    Source: CRMLS #OC25239966 Report a problem
    12/9/2025Pending sale$1,050,000$441/sqft
    Source: CRMLS #OC25239966 Report a problem
    11/15/2025Listed for sale$1,050,000-17.6%$441/sqft
    Source: CRMLS #OC25239966 Report a problem
    2/11/2021Listing removed--
    Source: CRISNet / SRAR Report a problem
    2/3/2021Listed for sale$1,275,000$536/sqft
    Source: Sync Brokerage, Inc. #SR21021976 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,050,000 +119.4%
    2025$6,184 +1.7%$478,497 +2%
    2024$6,083 +1.9%$469,115 +2%
    2023$5,971 +4.7%$459,917 +2%
    2022$5,703 +1.4%$450,900 +2%
    2021$5,625 -0.9%$442,059 +1%
    2020$5,677 $437,527 +2%
    2019$5,677 +6.1%$428,949 +2%
    2018$5,353 $420,539 +2%
    2017$5,353 +2.2%$412,294 +2%
    2016$5,238 +2.7%$404,210 +1.5%
    2015$5,101 +0.6%$398,139 +2%
    2014$5,071 $390,341 +2.5%
    2012-- $380,960 +2%
    2011-- $373,491 +0.8%
    2010-- $370,700 -0.2%
    2009-- $371,582 +2%
    2008-- $364,297 +2%
    2007-- $357,155 +33.8%
    2003-- $267,000
    2002-- $267,000 +24.8%
    2000-- $214,000
    Find assessor info on the county website

    Neighborhood: North Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,046,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,046,000