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8-Bedroom ResidentialIncome — 5761 Fair Avenue, North Hollywood, CA

$1,299,000

5761 Fair Avenue, North Hollywood, CA

$1,299,000 — 5761 Fair Avenue, North Hollywood, CA — photo 1 $1,299,000 — 5761 Fair Avenue, North Hollywood, CA — photo 2 $1,299,000 — 5761 Fair Avenue, North Hollywood, CA — photo 3 $1,299,000 — 5761 Fair Avenue, North Hollywood, CA — photo 4 $1,299,000 — 5761 Fair Avenue, North Hollywood, CA — photo 5
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About this property

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!

Property details

Bedrooms
8
Bathrooms
8
Square feet
5,100
Year built
1945
Property type
ResidentialIncome

Location

5761 Fair Avenue • North Hollywood, CA 91601

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Listed by

Marcus Kassin · The Agency

Listing courtesy of The Agency. Information deemed reliable but not guaranteed.

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