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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$ 968,000
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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

Purchase Type For Sale

Square Footage 1,509 sqft

Price per Sqft $641

MLS Listing ID IV26043718

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1991

Lot Size 2,779 Sqft

Property Sub-Type Single Family Residence

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

Rooms

Other Rooms Guest House Attached

Main Level Bedrooms 3

Interior

Interior Features Built-in Features, Eat-in Kitchen, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Workshop

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.

Fireplace Yes

Appliance Dishwasher, Gas Range, Refrigerator, Tankless Water Heater, Dryer, Washer

Laundry Inside

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Off Street

Fence Wood

Pool None

Community Features Biking, Sidewalks, Valley

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

View Y/N Yes

View Neighborhood

Roof Type Shingle

Porch None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Foundation See Remarks

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

Additional Building Guest House Attached

New Construction No

Construction Status Updated/Remodeled

Schools

High Schools North Hollywood

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2337005019

Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard


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Listed by KEVIN GOLD THE ONE LUXURY PROPERTIES 818-223-1164, DRE #02122996

NEARBY SCHOOLS & PROPERTIES

Kenneth Lamm

Kenneth Lamm

Advisor | License ID: 01101162

+1(818) 414-5833

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6042 Fair