Active Under Contract

5761 Fair Avenue

North Hollywood, CA 91601
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Bed 8

Bed

Bath 0

Bath

SqFt5,100

Sqft

SqFt6,527

Sqft(Lot)

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!

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,299,000

AD Id : 75584788

MLS Id : 26655935

Beds : 8

Lot Size : 6,527 Sqft

Living Area Size : 5,100

Year Built : 1945

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 8
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1945
    Building Area Total: 5100
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 45x145 Main Square Feet: 6527 Lot Size Acres: 0.1498 Lot Size Square Feet: 6,527

  • Listing Price Information

    Listing Price: $1299000
    Original Price: $1395000

  • Tax Information

    Parcel Number: 2337032001

  • Location Information

    Direction: East Of Tujunga Ave West of Vineland ave
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Nearby Home Value

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10414 Tiara Street, North Hollywood, CA, 91601 $1,300,000 3 3 1,478 1,478 SqFt
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5665 Whitnall, North Hollywood, CA, 91601 $1,650,000 -- -- 5,440 5,440 SqFt
5108 Strohm Avenue, North Hollywood, CA, 91601 $2,049,000 3 3 2,360 2,360 SqFt
5887 Whitnall, North Hollywood, CA, 91601 $1,489,000 -- -- 4,837 4,837 SqFt
5123 Cahuenga Boulevard, North Hollywood, CA, 91601 $679,999 2 1 855 855 SqFt
5617 Denny Avenue, North Hollywood, CA, 91601 $1,279,000 5 4 3,102 3,102 SqFt
5637 - 5641 Riverton Av.., North Hollywood, CA, 91601 $3,800,000 16 16 9,052 9,052 SqFt
5421 Denny Avenue, North Hollywood, CA, 91601 $1,200,000 2 1 776 776 SqFt
5055 Willowcrest, North Hollywood, CA, 91601 $1,199,700 3 2 1,877 1,877 SqFt

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ByOwner last updated this listing 08/18/2026 @ 11:26

MLS: 26655935 LISTED BY: Marcus Kassin, The Agency 424-230-3700 SOURCE: CRMLS

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