Juan Santos - Coldwell Banker Commercial Real Estate Solutions Logo
$1,299,000
 $6,973 est/mo Sourced by Back At You

5761 Fair Avenue,North Hollywood, CA 91601

North Hollywood, CA 91601

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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!

Details

MLS #26655935
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1945
Days On Site179
Listing Provided ByThe Agency | Marcus Kassin

Features

Bed(s)8
Bath(s)8
SQ Feet5,100
Story(s)2
Units4
Building(s)1
ZoningLARD1.5
Acreage0.15

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Parking FeaturesDriveway

Area Information

StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91601
AreaNHO North Hollywood
Listing VS Median (in 91601)
Price:
$1,299,000
low | high
Med:
$1,489,000
35.373364126251% of Average
sqft:
5,100
low | high
Med:
4,837
55.156862745098% of Average
$ / sqft:
$255
low | high
Med:
$308
29.140822212917% of Average
On site:
179
low | high
Med:
201
89.054726368159% of Average
Sourced by Back At You

Market Activity 91601

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Learn More About This Property

Juan Santos

Juan Santos

Coldwell Banker Commercial

02246273 (714) 862-7164juan.santos@cbhomesource.com
StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91601
AreaNHO North Hollywood
Listing VS Median (in 91601)
Price:
$1,299,000
low | high
Med:
$1,489,000
35.373364126251% of Average
sqft:
5,100
low | high
Med:
4,837
55.156862745098% of Average
$ / sqft:
$255
low | high
Med:
$308
29.140822212917% of Average
On site:
179
low | high
Med:
201
89.054726368159% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $974K - $1.623M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
11234 Hatteras Property Photo 1
$1,250,000
11234 Hatteras
North Hollywood, CA 91601
Listing Updated: August 21, 2026 at 11:09:52 PM PDT

Juan Santos - Coldwell Banker Commercial Real Estate Solutions