Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

6325 Klump Avenue

North Hollywood, CA, 91606

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$850,000

MLS: 26673291

Beds

4

Baths

5

Sq Ft

2,593

Lot

0.17 ac

Year Built

1940

MLS #

26673291

Days on Market

0

Listed

Apr 3, 2026

Description

Prime value-add opportunity/fixer (INVESTOR OPPORTUNITY) at 6325 Klump Avenue a single-family residence in the heart of North Hollywood, sold with City of Los Angeles stamped and approved plans for a complete remodel and expansion. All the hard work is done: permits are pulled, entitlements are secured, and the project is ready to break ground. Skip the 1218 month approval process and go straight to construction.The approved plans transform the existing structure into an expansive 2,593 SF, 4-bedroom, 4.5-bathroom single-story home on a 7,426 SF lot (Zoning: R1-1) delivering significant upside for the right buyer. APPROVED SCOPE OF WORK * Full interior gut and remodel all new finishes, fixtures, and systems* Open-concept great room with living (198 SF), dining (161 SF), and chef's kitchen (226 SF)* Master suite with walk-in closet (63 SF) and en-suite bath* 3 additional bedrooms (148165 SF each), each with closets* 4.5 bathrooms total, including powder room* Family room (261 SF) with triple sliding glass doors to rear yard* Butler's pantry (52 SF), mudroom (76 SF), and grand foyer/entry (112 SF)* New 7/8" La Habra stucco exterior* New GAF Lifetime Camelot class A asphalt shingle roof* All new dual-pane windows and sliding glass doors* New mini-split HVAC system (3.5-ton / 36,00042,000 BTU)* New 50-gallon heat pump water heater* 200A electrical service upgrade* Attached 1-car garage (220 SF) with interior access WHY THIS DEAL * Fully entitled City of LA stamped & approved (App. No. 20914-20009-01988)* Zero entitlement risk no waiting, no uncertainty* Existing structure in place foundation and framing head start* R1-1 zoning on a 7,426 SF lot ADU potential (buyer to verify)* Prime 91606 location: minutes to NoHo Arts District, Metro B Line, studios, and major freeways* Strong rental and resale comps in one of the Valley's fastest-appreciating submarketsBring your contractor and start building. Approved plans and permit documents available upon request.

Location

North Hollywood, Los Angeles County, CA 91606

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Listed by: Robert Young · Forward One

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this North Hollywood home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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