5761 Fair Ave, North Hollywood, CA 91601
5761 Fair Ave, North Hollywood, CA 91601
5761 Fair Ave, North Hollywood, CA 91601
28
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$1,299,000
Est. payment /mo
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8 Beds
8 Baths
5,100 SqFt
Price Dropped by $96K

5761 Fair Ave North Hollywood, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $254

MLS Listing ID 26655935

Bedrooms 8

Year Built 1945

Lot Size 6,527 Sqft

Acres 0.1498

Property Sub-Type Multi-Family

Property Description

Just reduced 5/23 Amazing deal! Rare multifamily opportunity with massive upside. Over 5,100 square feet of building area with the potential to convert back to 8 one-bedroom units (buyer to verify zoning, permits, and feasibility). Three 2 bedroom units delivered vacant, providing immediate opportunity for renovation, repositioning, and lease-up at market rents. Existing units offer strong value-add potential.Units are spacious with favorable layouts, and the property offers ample on-site parking, enhancing tenant appeal and rental demand. Located in a high-demand rental market with excellent long-term fundamentals, this asset is ideal for investors or developers seeking to maximize density, cash flow, and future appreciation. Exceptional Value!

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Driveway - Combination, Driveway

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by The Agency

NEARBY SCHOOL & BUSINESS

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Kevin Devereaux

Kevin Devereaux

Agent

+1(702) 715-0018

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5761 Fair Ave