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For sale
    • Listed by: THE ONE LUXURY PROPERTIES • KEVIN GOLD • Contact: 818-223-1164
    Price cut: $34K (8/2)
    $815,000

    6042 Fair Ave, North Hollywood, CA 91606

    3beds
    1,509sqft
    : 
    $5,338/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    2,781 Square Feet Lot
    $812,200 Zestimate®
    $540/sqft
    $-- HOA

    What's special

    Reimagined North Hollywood design home with rare built in income potential. This 3 bedroom, 2.5 bathroom residence blends curated interiors, flexible living spaces, and proven short-term rental performance just minutes from Burbank Airport and Universal Studios. Spanning approximately 1,509 sq ft, the home lives beautifully as a primary residence while offering hospitality-ready flexibility in one of LA’s most convenient locations. Natural light fills the open living and kitchen spaces. An eclectic fireplace anchors the living area, while the custom chef’s kitchen with butcher block island balances function and style. Curated finishes create a relaxed, editorial feel. Double-pane windows with reflective film support comfort and energy efficiency year-round. The layout is intuitive and adaptable. The primary style bedroom brings vintage-inspired warmth, while the main bath features a double vanity and deep soaking tub. A second bedroom adds flexibility with its own powder room and vanity nook. The standout third bedroom spans over 400 sq ft with soaring ceilings, private entrance, and an ensuite bath finished with handmade Italian tile. Complete with a custom Murphy bed, this space easily shifts between guest suite, studio, office, or creative retreat. Currently designed as a sensory integration room, it has become a memorable feature for guests and families. A private entrance and continental kitchen allow the studio to function as a self-contained space. Outdoor areas embrace easy California living. The front yard offers mature ficus screening, native landscaping, and a custom pergola bench wrapped in honeysuckle. The rear yard, accessed from Bonner Street, provides privacy, two off-street parking spaces, a custom picnic table, and organic planter boxes ready for herbs or vegetables. A rare advantage, the property qualifies for full 365-day short-term rental use. Projected gross income is approximately $43,020 annually in an owner-occupant model and up to approximately $102,120 annually as a full rental. Estimated cap rates are approximately 4.3% owner occupied and 8.2% full rental at the current list price. Designed to feel like home first, with the added benefit of built-in income potential, this is a rare North Hollywood opportunity that adapts to both lifestyle and investment goals.
    79 days
    |
    2,526
    |
    228
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    KEVIN GOLD DRE #02122996 818-223-1164,

    THE ONE LUXURY PROPERTIES

    Source: CRMLS,MLS#: IV26043718MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 3
      Rooms
      • Room types: Art Studio, Bedroom, Converted Bedroom, Kitchen, Primary Bathroom, Primary Bedroom, Media Room, Projection Room, Workshop
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: All Bedrooms Down
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Full Bath on Main Level, Remodeled, Soaking Tub, Separate Shower, Tub Shower, Vanity
      Kitchen
      • Features: Kitchen/Family Room Combo, Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen, Utility Sink
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater, Dryer, Washer
      • Laundry: Inside
      Features
      • Built-in Features, Eat-in Kitchen, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Workshop
      • Flooring: Vinyl
      • Windows: Blinds
      • Has fireplace: Yes
      • Fireplace features: Dining Room, Electric
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,509 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Patio & porch: None
      • Exterior features: Lighting, Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 2,781 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Additional structures: Guest House Attached
      • Parcel number: 2337005019
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Foundation: See Remarks
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Biking, Sidewalks, Valley
      HOA
      • HOA name: 0
      Location
      • Region: North Hollywood

      Financial & listing details

      • Price per square foot: $540/sqft
      • Tax assessed value: $663,000
      • Annual tax amount: $8,063
      • Date on market: 3/2/2026
      • Cumulative days on market: 80 days
      • Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange,FHA
      • Inclusions: all personal property. All furniture and sensory room items available for purchase.
      • Exclusions: all physical property
      • Road surface type: Paved

        Estimated market value

        $812,200

        $772,000 - $853,000

        $3,486/mo

        Price history

        DateEventPrice
        8/2/2026Price change$815,000-4%$540/sqft
        Source: CRMLS #IV26043718 Report a problem
        7/14/2026Listed for sale$849,000-7.6%$563/sqft
        Source: CRMLS #IV26043718 Report a problem
        7/2/2026Listing removed$919,000$609/sqft
        Source: CLAW #26830371 Report a problem
        5/7/2026Listed for sale$919,000-5.1%$609/sqft
        Source: CLAW #26830371 Report a problem
        4/23/2026Listing removed$968,000$641/sqft
        Source: CRMLS #IV26043718 Report a problem
        3/18/2026Price change$968,000-1.7%$641/sqft
        Source: CRMLS #IV26043718 Report a problem
        3/2/2026Listed for sale$985,000+51.5%$653/sqft
        Source: CRMLS #IV26043718 Report a problem
        2/16/2025Listing removed$4,500$3/sqft
        Source: Zillow Rentals Report a problem
        2/16/2025Price change$4,500-35.7%$3/sqft
        Source: Zillow Rentals Report a problem
        2/13/2025Listed for rent$6,995$5/sqft
        Source: Zillow Rentals Report a problem
        4/9/2024Sold$650,000-4.3%$431/sqft
        Source: CRMLS #P1-16387 Report a problem
        3/8/2024Pending sale$679,000$450/sqft
        Source: CRMLS #P1-16387 Report a problem
        2/23/2024Price change$679,000-2.9%$450/sqft
        Source: CRMLS #P1-16387 Report a problem
        2/1/2024Listed for sale$699,000$463/sqft
        Source: CRMLS #P1-16387 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,063 -8.3%$663,000 -7.9%
        2024$8,797 +216.1%$720,000 +229.1%
        2023$2,783 +4.9%$218,754 +2%
        2022$2,653 +1.4%$214,466 +2%
        2021$2,617 -0.9%$210,262 +1%
        2020$2,641 $208,107 +2%
        2019$2,641 +5.4%$204,028 +2%
        2018$2,505 $200,029 +2%
        2017$2,505 +2.3%$196,108 +2%
        2016$2,449 +2.6%$192,264 +1.5%
        2015$2,386 +0.8%$189,377 +2%
        2014$2,366 $185,669 +2.5%
        2012-- $181,208 +2%
        2011-- $177,656 +0.8%
        2010-- $176,329 -0.2%
        2009-- $176,749 +2%
        2008-- $173,284 +2%
        2007-- $169,887 +2%
        2006-- $166,557
        2005-- $166,557 +4%
        2004-- $160,092 +1.9%
        2003-- $157,159 +2%
        2002-- $154,078 +4%
        2000-- $148,097
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: North Hollywood

        Getting around

        78 / 100
        Very Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: North Hollywood

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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