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$1,299,000 -$96,000 (-6.88%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 4 days ago
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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 for 5761 Fair Ave

General

  • Price: $1,299,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26655935
  • Updated: 5/23/2026
  • Added to Site: 92 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

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Listing agent

— 5761 Fair Ave —

  • Marcus Kassin

    The Agency

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5761 Fair Ave

School District:Los Angeles Unified School District
NameGradesDistance
Lankershim Elementary School, Los Angeles, CA
5250 Bakman Ave., Los Angeles, CA 91601
K-50.7 mi
Walter Reed Middle School
4525 Irvine Ave., Los Angeles, CA 91602
6-81.7 mi
East Valley Senior High School
5525 Vineland Ave., Los Angeles, CA 91601
9-120.4 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/23/2026
Price Reduced
$1,299,000
-6.88%
MLS
2/24/2026
Listed
$1,395,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5761 Fair Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,953
1%
$1,623,024
2%
2024
$19,697
308%
$1,591,200
352%
2023
$4,832
5%
$352,230
2%
2022
$4,623
2%
$345,324
2%
2021
$4,538
-1%
$338,553
1%
2020
$4,574
4%
$335,083
2%
2019
$4,411
2%
$328,513
2%
2018
$4,319
2%
$322,073
2%
2017
$4,231
4%
$315,759
2%
2016
$4,077
1%
$309,568
2%
2015
$4,022
-1%
$304,919
2%
2014
$4,061
—
$298,948
—
2013
$4,061
—
$297,598
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by The Agency, Marcus Kassin

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5761 Fair Ave, North Hollywood, CA 91601 (MLS# 26655935) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 5761 Fair Ave is currently listed for $1,299,000 and was received on February 24, 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.

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