5761 Fair Avenue, North Hollywood, CA 91601
- $1,250,000
- 8
- BD
- 8
- BA
- 5,100
- SqFt
List Agent Marcus Kassin () 3109481915 The Agency; CoList () Courtesy of Selling Office: Non-Participant Office, Subscriber Non - Selling Agent DRE# and Courtesy of Listing Office The Agency, Marcus Kassin - Agent DRE#
- Sold Price
- $1,250,000
- List Price
- $1,299,000
- Closing Date
- Sep 04, 2026
- Status
- CLOSED
- MLS#
- 26655935
- Year Built
- 1945
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 5,100
- Lot Size
- 6,527
- Days on Market
- 109
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.