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7-Unit Apartment Property with ADUs
For Sale
Contact for pricing
Pending

5749 Fair Ave, North Hollywood, CA 91601

Seven existing residences include remodeled houses, bungalows, and an occupied ADU with private laundry hookups and individual yard areas.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market141

Property Features for 5749 Fair Ave

General Information

Standard status Pending
Lot size 0.32 Acres
Property subtype Multifamily

Units

Unit Mix 2 x Single Family Houses, 1 x 1BR ADU, 4 x 1BR Bungalows
Multifamily Units 7

Additional Details

Road Access Yes

Amenities

in-unit laundry hook-ups
yard space
Listing Agency: LA Premier Realty
Listed By: David Nalbandyan · License #CA 01869296
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LA Premier Realty

Investment Insights

Based on property information with market context.

This apartment property includes seven existing residences arranged across two remodeled single-family houses, one one-bedroom ADU with a Certificate of Occupancy, and four one-bedroom bungalows. The residences have no common walls, private in-unit laundry hookups, and yard space. Two additional ADU plans have received approval with Ready-to-Issue permits, supporting expansion to a nine-unit configuration subject to completion and applicable requirements.

The property occupies a 14K lot with 100 Feet of frontage and access from both Klump Ave and Fair Ave in North Hollywood. The combination of detached residences, existing ADU documentation, and approved plans creates a clear physical framework for a multifamily operator evaluating current units alongside future additions.

Key Highlights

  • 7 existing units: 2 remodeled single‑family houses, 1 one‑bedroom ADU, and 4 one‑bedroom bungalows
  • Two fully approved ADU plans with Ready‑to‑Issue (RTI) permits
  • 14K lot with 100 Feet frontage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Butcher Acupuncture Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,996
Businesses Nearby

Demographics for 91601, CA

39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven existing residences include remodeled houses, bungalows, and an occupied ADU with private laundry hookups and individual yard areas.
Where is this apartment building located?
The property is located at 5749 Fair Ave North Hollywood, CA.
What are key features of this property?
This property features: 7 existing units: 2 remodeled single‑family houses, 1 one‑bedroom ADU, and 4 one‑bedroom bungalows; Two fully approved ADU plans with Ready‑to‑Issue (RTI) permits; 14K lot with 100 Feet frontage
(855) 525-7653 Call to check price and availability
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