5761 Fair Ave
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Sold

5761 Fair Ave

5761 Fair Ave, North Hollywood, CA 91601

$1,250,000
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!

8
beds

8
baths

5,100 Sq.Ft. LIVING AREA

6,527 Sq.Ft. lot


Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms8
  • APPLIANCES None

Area & Lot

  • Status Sold
  • Date Sold September 4, 2026
  • Living Area5,100 Sq.Ft.
  • Lot Area6,527 Sq.Ft.
  • MLS® ID26655935
  • TypeMulti-Family
  • YEAR BUILT1945

Exterior

  • parkingDriveway - Combination, Driveway
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$1,250,000
  • Zoning LARD1.5

Work With Gina

Gina prides herself on her tenacity, and yet her negotiating style is based on communication and understanding, so that she is always able to collaborate with buyers, sellers, and fellow agents to achieve her client’s ultimate goals.