Property Detail

5761 Fair

North Hollywood CA 91601

$1,395,000

Status: Active

Property Details

Description

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!

Map Location

Listing provided courtesy of Marcus Kassin of Coldwell Banker Realty. Last updated 2026-04-05 08:11:24.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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