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About This Home
This 8-bedroom, 8-bathroom residential multi family at 5761 Fair Ave in North Hollywood, CA is listed for $1,395,000 ($274 per sqft). Built in 1945, the home offers 5,100 sqft of living space on a 0.15 acres lot.
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!
Key Features
- Built in 1945
- 0.15 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$7,461/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5761 Fair Ave
North Hollywood, CA 91601
Property Details
Parking
Questions & Answers
This 8-bedroom, 8-bathroom residential multi family at 5761 Fair Ave is listed at $1,395,000 ($274/sqft). The estimated monthly payment is $6,045 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.15 acre lot, 2 stories.
This property is listed by Marcus Kassin and can be reached at 3109481915 or marcus.kassin@gmail.com.