5761 Fair Avenue
North Hollywood, CA 91601
8
Bed
0
Bath
5,100Sqft
6,527Sqft(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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 8 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1945 Building Area Total: 5,100
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1498 Lot Size Dimensions: 45x145 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6527
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Listing Price Information
Original List Price: 1,299,000 Listing Contract Date: 2026-02-24 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 2337032001
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Garage and Parking
Garage Description: DrivewayHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Directions: East Of Tujunga Ave West of Vineland ave Zoning: LARD1.5 Source Property Type: Residential Income Area: NHO - North Hollywood -
Building and Construction
Property Age: 81 Year Built Source: Vendor Enhanced Total Square Feet Living: 5100 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5665 Whitnall, North Hollywood, CA, 91601 | $1,720,000 | -- | -- | 5,440 | 5,440 SqFt |
| 5709 Auckland Avenue, North Hollywood, CA, 91601 | $3,195,000 | 18 | -- | 7,947 | 7,947 SqFt |
| 5248 Auckland Avenue, North Hollywood, CA, 91601 | $3,995,000 | 17 | -- | 8,967 | 8,967 SqFt |
| 5887 Whitnall, North Hollywood, CA, 91601 | $1,489,000 | -- | -- | 4,837 | 4,837 SqFt |
| 5512 Willowcrest, North Hollywood, CA, 91601 | $1,197,000 | 3 | 2 | 1,008 | 1,008 SqFt |
| 5650 Denny Avenue, North Hollywood, CA, 91601 | $1,195,000 | 3 | 3 | 1,750 | 1,750 SqFt |
| 5513 Cartwright Avenue, North Hollywood, CA, 91601 | $1,095,000 | 3 | 2 | 1,551 | 1,551 SqFt |
| 5007 Auckland Avenue, North Hollywood, CA, 91601 | $2,150,000 | 4 | 3 | 1,864 | 1,864 SqFt |
| 4918 Cahuenga, North Hollywood, CA, 91601 | $2,499,000 | -- | -- | 6,083 | 6,083 SqFt |
| 5641 Riverton Avenue, North Hollywood, CA, 91601 | $2,150,000 | 8 | -- | 4,526 | 4,526 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 00:39
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