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$1,250,000
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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!
Full Property Details
Full Property Details for 5761 Fair Ave
General
- Sold For: $1,250,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26655935
- Added to Site: 231 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway - Combination, Driveway
Location
- Area: North Hollywood
- County: Los Angeles
- Driving Directions: East Of Tujunga Ave West of Vineland ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 5,100
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1945
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1498
- Lot Size: 6527
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 45 x 145
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $254.71
- Assessment Year: 1945
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 2337-032-001
Listed by The Agency, Marcus Kassin and Beverly and Company, Chuck Gates
Sold by Non-Participant Office, Subscriber Non
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Schools
Schools serving 5761 Fair Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lankershim Elementary School, Los Angeles, CA 5250 Bakman Ave., Los Angeles, CA 91601 | K-5 | 0.7 mi |
Walter Reed Middle School 4525 Irvine Ave., Los Angeles, CA 91602 | 6-8 | 1.7 mi |
East Valley Senior High School 5525 Vineland Ave., Los Angeles, CA 91601 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5761 Fair Ave
Date
Details
Price
Change
Source
9/04/2026
Sold
$1,250,000
-3.77%
MLS
5/23/2026
Price Reduced
$1,299,000
-6.88%
MLS
2/24/2026
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5761 Fair Ave, North Hollywood, CA 91601 (MLS# 26655935) is a Multi-Family property that was sold at $1,250,000 on September 04, 2026. Want to learn more about 5761 Fair Ave? Do you have questions about finding other Multi-Family real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

