$1,395,000

5761 Fair Avenue, North Hollywood (los Angeles), CA 91601

  • 8 beds
  • 5,100 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $274/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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!

Listing Status:
Active
Date Added:
February 24, 2026
Data Last Updated:
May 20, 2026 at 4:06PM
Listing Office:
The Agency : 424-230-3700
Listing Agent:
Marcus Kassin : 310-948-1915
MLS ID:
CL26655935
  • A/C: No Air Conditioning
  • Heating: Wall Furnace
  • Parking: OtherParking spaces: 0
  • County: Los Angeles
  • Zoning: LARD1.52337032001

This listing courtesy of Marcus Kassin , The Agency

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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