6042 Fair, North Hollywood, CA 91606
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6042 Fair, North Hollywood, CA 91606
6042 Fair, North Hollywood, CA 91606
6042 Fair, North Hollywood, CA 91606
6042 Fair, North Hollywood, CA 91606
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Listed by KEVIN D GOLD • THE ONE LUXURY PROPERTIES
$ 815,000
Est. payment /mo
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Active Under Contract

6042 Fair North Hollywood, CA 91606

3 Beds

3 Baths

1,509 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,509 sqft

Price per Sqft $540

MLS Listing ID IV-26043718

Style Bungalow

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1991

Lot Size 2,781 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features Built-In Features, High Ceilings, Open Floorplan, Recessed Lighting, Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type Dining Room, Electric

Inclusions all personal property. All furniture and sensory room items available for purchase.

Laundry Dryer Included, Inside, Washer Included

Exterior

Exterior Feature Lighting, Rain Gutters

Pool None

Community Features Biking, Sidewalks, Valley

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected

View Y/N Yes

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Schools

High Schools North Hollywood


NEARBY SCHOOLS & PROPERTIES

Karen Magon

Karen Magon

Advisor License ID: 02119117

+1(805) 910-7412

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6042 Fair