5761 Fair Avenue North Hollywood, CA $ 1,395,000
5761 Fair Avenue
$ 1,395,000
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5761 Fair Avenue

North Hollywood, CA, 91601
$ 1,395,000
Baths0.0 Sq 5,100

Monthly Estimate*

$ 8,589

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Studio

Multi-Family Home for sale in North Hollywood, CA

for $1,395,000. This 5,100 square foot home was built in 1945 on a lot size of 0.15.

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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Multi-Family Active

Price

$ 1,395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1945

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

0026655935

Features
General
Living Area 5100.0
Heating Wall Furnace
Zoning LARD1.5
Year Built 1945
Levels Two
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA No
Status Active
City North Hollywood
Senior Community Y/N No
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6527.0
Standard Status Active
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Exterior
Parking Features Driveway - Combination Driveway
Lot Size Area 6527.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 5100.0
Lot Dimensions 45x145
Lot Size Acres 0.15
Land Lease Type Fee
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Interior
Total Stories 0
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Marcus Kassin

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$8,589
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,589
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$1,395,000 Listed Price

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5761 Fair Avenue, North Hollywood, CA, 91601 is a Multi-Family Home for sale at $1,395,000 with 5,100 sqft and a lot size of 0.15. 5761 Fair Avenue is a studio with 0.0 baths and was built in 1945. The property's zip code is 91601 which is in North Hollywood, CA