5761 Fair Avenue, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
5761 Fair Avenue,North Hollywood, CA 91601
$1,299,000
  • 8 Beds
  • 8 Baths
  • 5,100 sq. ft.
  • Multi-family
  • Active
Listed by: marcus kassin
Office: the agency424-230-3700
MLS#:26655935
Source:CRMLS

Price summary

  • Price:$1,299,000
  • Price per sq. ft.:$254.71

About this home

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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Home facts

  • Year built:1945
  • Listing ID #:26655935
  • Added:88 day(s) ago
  • Updated:May 24, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:5,100 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1945
  • Building area:5,100 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,299,000
  • Price per sq. ft.:$254.71

Parking

  • Parking description:Driveway
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