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8 Beds
8 Baths
5,100 sqft

$1,395,000

5761 Fair Avenue, North Hollywood CA, 91601

Price per sqft$273.53
Built in1945
Property size5,100 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Feb 24, 2026

Updated Apr 10

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!

$9,281/mo

Est. mortgage payment based on a $1,395,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26655935

Interior Features

Bedrooms
8
Bathrooms
8

Exterior Features

Lot Size
0.15 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Coldwell Banker Realty, Marcus Kassin

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

78108 - MLS License Number

 

Data last updated 6:22 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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