5031 Fair Avenue, North Hollywood, CA 91601

NoHo Arts District, Mid-Town North Hollywood, South Valley, Los Angeles
Built in 2013
Welcome to 5031 Fair Avenue, a building located in NoHo Arts District, Mid-Town North Hollywood, South Valley, Los Angeles in North Hollywood, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2013. In total, the building area is listed as 354,068 square feet. The building itself has 354,068 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but essentially heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5031 Fair Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Moving on to what we know about the features and amenities in this building. While there is no garage access for residents, this is pretty standard for New York and you will probably be able to find a local garage to park your car at instead. The building depends on central air conditioning for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Sadly, this property has none. There is no porch or patio on the premise of the property. For those who love to swim, don't worry, there is a pool on site. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.

5031 Fair Avenue was most recently sold on Dec 31, 1969 for $0. The market value for the land that the building sits on has been listed at $0. In addition, improvements upon the building have an added value of $0. In total, the total market value of the property as a whole is $0. This may be less relevant information, but according to local assessors, the total value of the building is currently valued at $135,809,797. Specifically, the value of the land that the property sits on has been assessed at $17,507,609. The building was last assessed in 2019. For those interested, the building is currently owned by EQR THE HESBY LP.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Mid-Town North Hollywood area have a median price of $3,130. Those in the 25th percentile, have a price around $2,507. While those in the 75th percentile, have a price around $3,875. Typically, the buildings in this area have a median sqft of 1,167. That means that the median price per sqft is around $36. In other words, the price per sqft for buildings in the 25th percentile is $31. While the price per sqft for buildings in the 75th percentile is $41. As a breakdown, we've included the following stats:

- There is currently one advertised studio listing. The median price for these types of listings is $2,460. That's $46.86 price per sqft.
- There are currently a total of 30 one bedroom listings. The median price for these types of listings is $2,324. That's $38.69 price per sqft.
- There are currently a total of 35 two bedroom listings. The median price for these types of listings is $3,016. That's $35.36 price per sqft.
- There are currently a total of 26 three bedroom listings. The median price for these types of listings is $3,850. That's $33.70 price per sqft.
- There are currently a total of 12 four bedroom listings. The median price for these types of listings is $4,348. That's $37.05 price per sqft.

5031 Fair Avenue is located in Los Angeles County, California. There are 10,057,155 people living here. There are 3,281,845 households. Most of these households have an average family size of 3.69 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 35.8 years old. On average, most folks in the county are unmarried. About 57% of folks speak a language other than English in this area. The area's employment rate is currently around 58.6%. Speaking of employment, the median income is $57,952. Most folks will commute by car for around 30.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people. Based on census records, there are 4,042,635 registered households. Families in this area are on average made up of 3.68 people per household. Most folks are unmarried. They are also typically around 35.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 53% rent while 47% purchased their homes. Right now, the community is made up of 20% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $60,884. If you move here, you can expect to commute mostly by car for around 29.6 minutes.

1 Bedroom, NoHo Arts District Rental in Los Angeles, CA for $2,498 - Photo 1
5031 Fair Ave, Apt A3
NoHo Arts District, Mid-Town North Hollywood, South Valley, Los Angeles
$2,498
|
1 Bed
|
1 Bath
By Equity Residential
No Fee
By Owner
1 Bedroom, NoHo Arts District Rental in Los Angeles, CA for $2,488 - Photo 1
5031 Fair Ave, Apt A
NoHo Arts District, Mid-Town North Hollywood, South Valley, Los Angeles
$2,488
|
1 Bed
|
1 Bath
By Equity Residential
No Fee
By Owner
2 Bedrooms, NoHo Arts District Rental in Los Angeles, CA for $3,116 - Photo 1
5031 Fair Ave, Apt B2
NoHo Arts District, Mid-Town North Hollywood, South Valley, Los Angeles
$3,116
|
2 Bed
|
2 Bath
By Equity Residential
No Fee
By Owner
1 Bedroom, NoHo Arts District Rental in Los Angeles, CA for $2,355 - Photo 1
5031 Fair Ave, Apt FLAT A1
NoHo Arts District, Mid-Town North Hollywood, South Valley, Los Angeles
$2,355
|
1 Bed
|
1 Bath
By Equity Residential
No Fee
By Owner
Amenities
Doorman
Elevator
Fitness Center
Policies
Cats Allowed
Dogs Allowed
Facts
General
Actual Year Built
2013
Unit Count
Living Units
308.00
Building Floor Area
Floor Area Ratios
Air Conditioning Type
1
Basement Type
0
Partial Bathrooms
0.00
Bathroom Fixture Number
0.00
Full Bathrooms
0.00
Building Area
354,068
Building Area Source
T
Building Condition
0
Building Quality
0
Gross Building Area
354,068
Construction Type
0
Exterior Walls Type
0
Fireplace Count
0.00
Floor Cover
0
Garage Type
0
Parking Space Count
0.00
Heating Fuel Type
0
Heat Code
0
Interior Walls Type
0
Lot Size Depth Feet
0
Lot Size Square Feet
118,596
Patio Type
0
Pool Type
8
Porch Type
0
Roof Cover Type
0
Roof Shape Type
0
Sewer System
0
Building Style
0
Basement Area
0.00
Total Building Area
354,068
Business/Commerical Units Count
0.00
Garage Square Area
0.00
Total Rooms
0.00
Water Service Type
0
Year Built
2013
Bedroom Count
0
Building
Building Type
0
County Land Use Code
0553
Property Class ID
R
Standard Land Use Code
1107
Land Acres
2.723
Legal Description 1
POR VAC STS AND POR OF TR=2170,TR=7412, TR=7153,TR=5867 AND TR=7634
Ownership
Current Owner's Full Name
EQR THE HESBY LP
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60680
Current Owner Corporation Indicator
T
Ownership Rights Codes
PA
Neighborhood
School District Name
Los Angeles Unified School District
Census Tract
125401
Census Block Code
2009
Census Group
2
Census Year
2018
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060371254012009
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0651952
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
125401
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0622710
School District - Unified - Name
Los Angeles Unified School District
Zoning
Zoning
LAR4
Geography
Full Street Address
5031 FAIR AVE
FIPS
06037
Mailing Carrier Code
B067
Mailing Full Street Address
PO BOX 87407
Mailing Street
PO BOX 87407
Mailing 4-Digit Zip Code
0407
Geo Status Code
B
Latitude
34.1615
Longitude
-118.375
Carrier Code
C018
State
CA
4-Digit Zip Code
4360
Subdivision Tract Number
2170
Zip Code
91601
City Name
NORTH HOLLYWOOD
Parcel
2353-011-037
Block
Lot
Address - House Number
5031
Address - Street Name
FAIR
Address - Suffix Type
AVE
Valuation
Assessed Land Value
$17,507,609
Assessed Year
2019
Confidence Score
0
First Current Mortgage Loan Amount
$0
First Current Mortgage Terms
0
Second Current Mortgage Loan Amount
$0
Second Current Mortgage Terms
0
Current Sale Transaction ID
0
Current Sales Price
$0
Final Value
0.00
High Value
0.00
Low Value
0.00
Market Total Value
$0
Market Improvement Value
$0
Market Land Value
$0
First Open Lien Mortgage Position
0
First Open Lien Mortgage Loan Amount
$0
First Open Lien Mortgage Term
0
First Open Lien Mortgage Transaction ID
0
Second Open Lien Mortgage Position
0
Second Open Lien Mortgage Loan Amount
$0
Second Open Lien Mortgage Term
0
Second Open Lien Mortgage Transaction ID
0
Third Open Lien Mortgage Position
0
Third Open Lien Mortgage Loan Amount
$0
Third Open Lien Mortgage Term
0
Third Open Lien Mortgage Transaction ID
0
Fourth Open Lien Mortgage Position
0
Fourth Open Lien Mortgage Loan Amount
$0
Fourth Open Lien Mortgage Term
0
Fourth Open Lien Mortgage Transaction ID
0
Previous Mortgage Loan Amount
$0
Previous Mortgage Term
0
Previous Sale Transaction ID
0
Standard Deviation
0
Total Area
0.00
Tax Amount
$1,625,177
Tax Rate Code Area
0-013
Timestamp
2019-11-22 00:00:00
Total Open Liens Amount
$0
Total Open Liens
0
UCID Flag
C
Valuation Date
1901-01-01
Assessed Improvements Value
$118,302,188
Assessed Total Value
$135,809,797
Tax Year
2019
Neighborhood
$2,460
Studio Median Rent
$2,324
1BR Median Rent
$3,016
2BR Median Rent
$3,850
3BR Median Rent

Nearby Schools

(within attendance boundary)
Lankershim Elementary  •  0.32 mi
5250 Bakman Ave., North Hollywood, CA 91601
Public  •  Elementary  •  Grades KG to 5
Los Angeles Unified School District
Walter Reed Middle  •  0.86 mi
4525 Irvine Ave., North Hollywood, CA 91602
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
North Hollywood Senior High  •  0.79 mi
5231 Colfax Ave., North Hollywood, CA 91601
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Recent Units
Unit Bed Bath Price Listed On Status
A7.5 1BR 1 $2,620 Aug 15, 2021 Expired
A 1BR 1 $2,488 Jul 30, 2021 Active
A3 1BR 1 $2,498 Jun 27, 2021 Active
B11 2BR 2 $3,206 Jun 25, 2021 Expired
LANDING AT THE HESBY APARTMENTS 1-357 3BR 2 $5,654 Jun 09, 2021 Expired
LANDING AT THE HESBY APARTMENTS 225 1BR 1 $3,128 Jun 05, 2021 Expired
LANDING AT THE HESBY APARTMENTS 1-255 2BR 2 $4,499 Jun 05, 2021 Expired
LANDING AT THE HESBY APARTMENTS 110 2BR 2 $4,337 May 21, 2021 Expired
LANDING AT THE HESBY APARTMENTS 107 1BR 1 $3,424 May 21, 2021 Expired
Var Studio 1 $2,940 May 18, 2021 Expired
B1.1 2BR 2 $2,724 May 04, 2021 Expired
A4 1BR 1 $2,685 Apr 11, 2021 Expired
A8 1BR 1 $2,418 Mar 26, 2021 Expired
FLAT A 1BR 1 $2,717 Mar 21, 2021 Active
B14.1 2BR 2 $3,041 Mar 13, 2021 Expired
A6 1BR 1 $2,800 Feb 28, 2021 Expired
B9 2BR 2 $3,154 Feb 19, 2021 Expired
B3 2BR 2 $2,638 Jan 30, 2021 Expired
A7 1BR 1 $2,668 Jan 29, 2021 Active
A2 1BR 1 $2,626 Jan 20, 2021 Expired
FLAT A1 1BR 1 $2,066 Jan 11, 2021 Expired
B2 2BR 2 $2,787 Jan 06, 2021 Expired
B17 2BR 2 $3,357 Jan 06, 2021 Expired
FLAT 2 Studio 1 $1,962 Dec 26, 2020 Expired
B15 2BR 2 $3,432 Dec 26, 2020 Expired
FLAT 1 Studio 1 $2,203 Dec 07, 2020 Expired
A1 1BR 1 $2,837 Dec 07, 2020 Active
B16 2BR 2 $3,152 Dec 07, 2020 Expired
B7 2BR 2 $3,427 Dec 07, 2020 Active
B1 2BR 2 $3,159 Dec 07, 2020 Expired
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