$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 1 month 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:
April 2, 2026 at 4:06AM
Listing Office:
Coldwell Banker Realty : 310-777-6200
Listing Agent:
Marcus Kassin : 310-281-3968
MLS ID:
CL26655935
  • A/C: No Air Conditioning
  • Heating: Wall Furnace
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD2337032001
  • Source: CRMLS

This listing courtesy of Marcus Kassin , Coldwell Banker Realty

Monthly Payment

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

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Location

Schools Nearby

M

Maurice Sendak Elementary

11414 Tiara St, North Hollywood, CA, 91601

Grades KG-5

0.34 miles away

S

Science Academy STEM Magnet

5525 Vineland Ave, North Hollywood, CA, 91601

Grades 6-11

0.37 miles away

S

Science Academy STEM Magnet

5525 Vineland Ave, North Hollywood, CA, 91601

Grades 6-11

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.