5761 Fair Ave North Hollywood, CA 91601
MULTI_FAMILY - North Hollywood, CA
Property size:
5,100 SFLot size:
0.15 AcresPrice / SF:
$273/SF- Added:
- Feb 24, 2026
- Days on Market:
- 71
- Last Refresh:
- May 6 at 12:06 pm
Property Features for 5761 Fair Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 2, Bedroom 4, Bathroom 8, Bedroom 7, Bathroom 3, Bedroom 8, Bathroom 5, Bathroom 7, Bedroom 5, Bathroom 6, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1
- Parking features
- Driveway
- Standard status
- Active
- APN
- 2337-032-001
- Size
- 5,100 SF
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1945
- Floors in Building
- 2
- Number of units
- 4
Listing agent Marcus Kassin License #01216904 (310) 948-1915
Listing office The Agency 331 Foothill Rd. #100, Beverly Hills, CA (424) 230-3700
Listing date Feb 24, 2026
MLS# 26655935
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three vacant 2‑bedroom units offer immediate renovation and lease‑up opportunity at market rents.
- Potential to convert to 8 one‑bedroom units (buyer to verify zoning, permits, and feasibility).
- Over 5,100 square feet of building area.
- Located in a high‑demand rental market with excellent long‑term fundamentals.
- Ample on‑site parking enhances tenant appeal.
- Spacious units with favorable layouts.
Overview
North Hollywood Multifamily Value-Add Opportunity
This multifamily property offers a rare opportunity with significant upside potential. The building has over 5,100 square feet of building area and the potential to convert back to 8 one-bedroom units; however, the buyer must verify zoning, permits, and feasibility. Three 2-bedroom units are delivered vacant, providing an immediate opportunity for renovation, repositioning, and lease-up at market rents. The existing units offer strong value-add potential. The 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. The property is located in North Hollywood, California, in Los Angeles County, and sits on a lot of approximately 0.1498 acres. The zoning is LARD1.5.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
NSB CONCRETE POLISHING
Construction Company
Location Insight
- Map
- Local Demand
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.374901
- Latitude
- 34.175659
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Multifamily property with value-add potential in a high-demand rental market.
Where is this quadplex located?
The property is located at 5761 Fair Ave North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Three vacant 2‑bedroom units offer immediate renovation and lease‑up opportunity at market rents.; Potential to convert to 8 one‑bedroom units (buyer to verify zoning, permits, and feasibility).; Over 5,100 square feet of building area.
