5761 Fair Avenue, North Hollywood, CA 91601
- $1,250,000
- 8
- BD
- 8
- BA
- 5,100
- SqFt
- Sold Price
- $1,250,000
- List Price
- $1,299,000
- Closing Date
- Sep 04, 2026
- Status
- CLOSED
- MLS#
- 26655935
- Year Built
- 1945
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 5,100
- Lot Size
- 6,527
- Acres
- 0.15
- Days on Market
- 109
- Property Type
- Multifamily
- Stories
- Two Levels
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!
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Levels
- Two
Listing courtesy of Listing Agent: Marcus Kassin (marcus.kassin@gmail.com) from Listing Office: The Agency.
Listing sold by Subscriber Non from Non-Participant Office
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.