www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34278845
34278842

5025 KLUMP AVE, NORTH HOLLYWOOD, CA 91601

JP
CA CA 02041641
Remax Commercial and Investment
Listed by Remax Commercial and Investment
$3,500,000
3 days on market
Updated 3 days ago

5025 Klump Avenue

Details
APN 2353-013-022
Property Type Land
Sub Type Residential
Square Footage 4,731
Units 4
Year Built 1929
Buildings 2
Lot Size (SqFt) 11,248
Zoning LAR4

RTI 40-Unit Multifamily Development Site

Marketing description

Jake Plewa of RE/MAX Commercial & Investment Realty is pleased to present 5025 Klump Avenue, a compelling development site located in the highly desirable North Hollywood Arts District (NoHo) of Los Angeles. This ready to issue 11,248 square-foot, LA-R4-zoned parcel represents a rare redevelopment opportunity in one of Los Angeles' most dynamic transit-oriented neighborhoods, offering substantial upside for sophisticated developers and institutional investors.

5025 Klump Avenue is currently situated as a quadruplex and sits on an 11,248 SF lot zoned LA-R4. The property's zoning supports high-density residential development and is eligible for enhancements through Transit Oriented Communities (TOC) incentives, which can unlock additional floor area and reduce parking requirements—significantly improving project economics. The owner's RTI plans call for approximately 40 thoughtfully designed units, comprising a balanced mix of studios, one-bedroom, and two-bedroom residences that align with contemporary market demands for quality, attainable housing in a culturally rich setting.

This investment represents a rare opportunity to acquire a strategically positioned RTI development site in North Hollywood—one of Los Angeles' most resilient, high-demand transit-oriented submarkets. The property's proximity to major employment centers, exceptional walkability, transit connectivity, and LA-R4 zoning with TOC eligibility create a compelling platform for delivering quality multifamily housing in a market characterized by strong rental demand, sustained appreciation, and long-term growth potential.

Investment highlights

  • Steps from North Hollywood Metro (B and G Lines). Walk Score 92 attracts young professionals seeking car-optional, walkable urban living.

  • Transit Oriented Communities incentives reduce parking from 1.5 to 0.5 spaces/unit, cutting major development costs

  • Seller has already secured Ready to Issue (RTI) approval. Eliminates major entitlement risk and accelerates construction timeline for buyer

Listing Contacts

JP
CA CA 02041641
Remax Commercial and Investment
Listed by Remax Commercial and Investment

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
R4-1VL ResidentialMulti FamilyMultiple Residential Very Limited Height District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 727 uses
View all 727 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jake Plewa
License
CA 02041641
Brokerage Phone
3109226124
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591