5621 Klump Avenue

North Hollywood, CA 91601

  • 22 Bed(s)
  • 0 Bath(s)
  • 9,748 Sqft
  • 11581
    Sqft(Lot)
$2,750,000

Description

We are pleased to present 5621 klump avenue, a rare 9-unit 1987construction (not subject to la rs0) value-add multifamily investment opportunity in the heart of north hollywood, ca. this unique property is comprised of an excellent unit mix of (5) large two-story 3 bed / 2 bath units, (1) 2 bedroom / 2 bath unit, (2) 2 bed / 1bath units, and (1) studio. this fully occupied value-add investment opportunity presents approximately 53% rental upside potential. built in 1987, the 9unit building does not fall under la city rso, but falls under california state ab1482, which allows for 5% + cpi annual increases (8.8% in2025). the property has been well maintained with a newly re-paved parking lot and driveway that is fully secured and gated. the parking lot includes 11 surface parking spaces and arear tuck under 3-car garage that is currently used as storage, presenting an excellent adu conversion opportunity. the property is strategically located just north of burbank boulevard and just east of lankershim boulevard in the heart of north hollywood, one of the sfv's most desirable rental locations. tenants benefit from the property's walkability to the metro red line, noho arts district, boutique restaurants, retailers, and entertainment venues. 5621 klump avenue is a truly rare find and one of the lowest price per unit and price per square foot ab1482 opportunities in the entire san fernando valley.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50151260

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Property Details

  • Bedroom Information

    • Total Bedrooms : 22

    Bathroom Information

    • Total Baths: 15
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1987
    • Building Area Total: 9,748

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2659
    • Lot Size Dimensions: 87x133
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 11581

  • Listing Price Information

    • Original List Price: 2,750,000
    • Listing Contract Date: 2025-06-11

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2337034036

  • Garage and Parking

    • Garage Description: Concrete,Door-Multi,Driveway,Garage,Garage Door Opener,Gated

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: NHO - North Hollywood
    • Directions: Burbank & Klump
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: NHO - North Hollywood

    Building and Construction

    • Property Age: 38
    • Year Built Source: Assessor
    • Total Square Feet Living: 9748
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/07/2025 @ 16:13

  • MLS: 25551355
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 22 bedrooms which is recently sold, it has 9,748 sqft, 11,581 sized lot, and 3 parking. are nearby neighborhoods.