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Millman Team Real Estate

$1,299,000
8 Bed
8 Bath
5,100 Sqft
0.15 Acre Lot

5761 Fair Avenue, North Hollywood, California 91601

  • Residential Income Property Type
  • 5,100 Sqft Square Footage
  • Driveway Cars Garage
  • 1945 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
26655935
$1,299,000
8
8
5,100 Sqft
1945
0.15 Acre
Active Under Contract
Features
: Wall Furnace
: None
: Driveway
$0
Address Map
CA
Los Angeles
North Hollywood
91601
Fair
5761
Avenue
W119° 37' 30.4''
N34° 10' 32.4''
East Of Tujunga Ave West of Vineland ave
NHO - North Hollywood
LARD1.5
Additional Information
$0
$0
$0
$0
$0
5100
: Two
45x145
4
2026-02-24
1395000
2
Broker/Agent Information
The Agency
Marcus Kassin
Listing Information
CLW-X15776
CLW-X79013
Active Under Contract
2026-06-23T05:17:37Z
CRMLS
: Standard
2026-06-19T00:00:00Z
Agent info
Ray Millman
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