Active Open Sunday 06/21 3 PM-4:30 PM

6042 Fair Avenue

North Hollywood, CA 91606

$919,000 $3,874/Mo

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Overview

Bed

Bath

1,509

Sqft

2,781

Sqft(Lot)

Description

Recently generating over $9,000 in a single month, this reimagined North Hollywood home offers a rare opportunity to live comfortably while offsetting ownership costs through built-in income potential. This 3-bedroom, 2.5 bathroom residence blends curated design with flexible living spaces just minutes from Burbank Airport and Universal Studios. Spanning approximately 1,509 sq ft, the main home is filled with natural light and anchored by an eclectic fireplace and open-concept living. The custom kitchen features a butcher block island and thoughtfully selected finishes that create a clean, editorial feel. Double-pane windows with reflective film enhance comfort and efficiency year-round. The layout is intuitive and adaptable, designed to function comfortably as a primary residence while of fering meaningful flexibility. The primary bedroom brings warmth and character, while the main bathroom includes a double vanity and soaking tub. A second bedroom adds versatility with its own powder room and vanity. A standout feature is the over 400 sq ft bonus studio with soaring ceilings, private entrance, and ensuite bath finished with handmade Italian tile. Complete with a Murphy bed, mini kitchen, and full bathroom, this space can operate as a seamless extension of the main home or as a fully independent suite with separate access from Bonner Street. Ideal for guests, a home office, or income-producing use, the studio offers a true opportunity to offset monthly ownership costs. Currently designed as a sensory integration room, it has become a memorable and highly requested feature for guests and families. The property is currently set up and operating with systems in place, offering a turnkey opportunity for buyers seeking immediate supplemental income. For those new to short-term rental use, ownership can be approached with confidence, as the current setup supports ease of operation and consistent performance. Owners are open to assisting with a smooth transition, including operational guidance and setup support, as well as optional property management to help maintain strong rankings and the current 4.98-star rating. The property benefits from dual access and is commonly referenced as 6042 Fair Ave and 6043 Bonner St, offering strong potential for future separation or ADU configuration. Buyer to verify all use, permitting, and development potential. Outdoor areas are designed for privacy and ease. The front yard features mature ficus hedging, native landscaping, and a custom pergola bench. The rear yard, accessed from Bonner Street, includes two off-street parking spaces, a custom picnic table, and organic planter boxes. Recent system upgrades enhance comfort and long-term reliability, including central air conditioning, a supplemental mini split system for targeted heating and cooling, smart Nest climate control, and updated plumbing and electrical systems. Projected gross income is approximately $43,000 annually in an owner-occupant model and up to $100,000+ as a full rental, with recent performance supporting strong monthly revenue potential. Designed to feel like home first, with the added benefit of consistent income and long-term flexibility, this is a rare North Hollywood opportunity well-suited for both lifestyle buyers and those looking to offset ownership costs in today's market.

Property Details

Property Type : Residential

Price : $919,000

AD Id : 84812881

MLS Id : 26830371

Beds : 3

Lot Size : 2,781 Sqft

Living Area Size : 1,509

Year Built : 1991

County : Los Angeles

Open House

06/21 3 PM-4:30 PM

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 3 Full Baths: 2 Half Baths: 1

Water/Sewer

Water Source: Public Sewer: Other
Interior Features

Exterior Property Features: Rain Gutters Interior Features: Furnished,Open Floorplan,Paneling/Wainscoting,Recessed Lighting Windows: Double Pane Windows,Drapes,Screens Property Appliances: Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Dryer,Washer Fireplace: Electric,Living Room Flooring: Tile,Vinyl Furnished Description: Furnished Or Unfurnished
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: Electric,Living Room Has Fireplace: 1

Building Information

Year Built: 1991 Building Area Total: 1,509
Exterior Features

Rain Gutters

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Pool Features

None

Laundry Features

Stacked

Fencing

Privacy,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0638
Lot Size Source: Assessor Lot Size Square Feet: 2781

Listing Price Information

Original List Price: 919,000 Listing Contract Date: 2026-05-06
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2337005019

Garage and Parking

Garage Description: Driveway

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Postal Code Plus 4: 4231 Directions: Oxnard to Fair or Bonner Ave. Home is on a street-to-street lot. Zoning: LAR1 Source Property Type: Residential Area: NHO - North Hollywood Property SubType: Single Family Residence
Building and Construction

Property Age: 35 Common Walls: No Common Walls Property Condition: Updated/Remodeled Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 1509 Entry Location: Ground Level - no steps Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
10550 Oxnard Street, North Hollywood, CA, 91606	$1,189,999	3	3	1,942	1,942 SqFt
6318 Cartwright Avenue, North Hollywood, CA, 91606	$888,000	3	1	1,384	1,384 SqFt
6626 Riverton, North Hollywood, CA, 91606	$999,000	4	2	1,684	1,684 SqFt
10943 Kittridge Street, North Hollywood, CA, 91606	$845,000	3	2	1,339	1,339 SqFt
10816 Calvert, North Hollywood, CA, 91606	$1,225,000	5	2	2,023	2,023 SqFt
6171 Cleon, North Hollywood, CA, 91606	$950,000	5	4	2,300	2,300 SqFt
6763 Case Avenue, North Hollywood, CA, 91606	$1,599,000	6	5	2,290	2,290 SqFt
6763 Case Avenue, North Hollywood, CA, 91606	$1,599,000	6	--	2,290	2,290 SqFt
11057 Lemay, North Hollywood, CA, 91606	$839,999	2	1	832	832 SqFt
6041 Cleon Avenue, North Hollywood, CA, 91606	$1,095,000	5	--	1,822	1,822 SqFt

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ByOwner last updated this listing 06/18/2026 @ 14:50

MLS: 26830371 LISTED BY: John Yakopich, The ONE Luxury Properties SOURCE: CRMLS