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  • 5761 Fair Avenue

5761 Fair Avenue, North Hollywood, CA 91601

$1,299,000 Approx. USD 8 beds, 8 baths
5,100 sqft

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Photo of Joscelyne Rosenfield

Joscelyne Rosenfield REALTOR® - Broker Associate 818-266-7747 m
818-266-7747 o
818-990-4750 f
Lic#: 00938976
NRDS ID: 207077927
joscelyne1@gmail.com Text Me
Call My Cell
Call My Office
818-990-4750 f
Lic#: 00938976
NRDS ID: 207077927
joscelyne1@gmail.com Encino Office
17050 Ventura Blvd, Ste. 100
Encino, CA 91316
Phone: 818-501-4800
Fax: 818-990-4750
 Encino 17050 Ventura Blvd, Ste. 100
Encino, CA 91316
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Listing Agent


Marcus Kassin | marcus.kassin@gmail.com
Lic#: 01216904
Broker: Courtesy of The Agency
Phone: 3109481915

Agent Remarks

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!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26655935
List price is $1,299,000 Reduced by $96,000 on 5/23/2026
Price: $1,299,000
Beds: 8
Baths: 8
Built in 1945
5,100 sqft
2 stories
0.15 acres
Lot size: 0.1498
County: Los Angeles
Zoning: LARD1.5
Parking description: Driveway
Heating/cooling: None
Heating description: Wall Furnace
MLS area: NHO - North Hollywood

Last Updated: 6/11/2026

 Days On Market (DOM): 117

 Find more North Hollywood homes and real estate

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This listing belongs to the NHO - North Hollywood MLS area

Lat/Long: 34.175659, -118.374901.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Joscelyne Rosenfield

Joscelyne Rosenfield REALTOR® - Broker Associate 818-266-7747 m
818-266-7747 o
818-990-4750 f
Lic#: 00938976
NRDS ID: 207077927
joscelyne1@gmail.com Text Me
Call My Cell
Call My Office
818-990-4750 f
Lic#: 00938976
NRDS ID: 207077927
joscelyne1@gmail.com
Encino Office
17050 Ventura Blvd, Ste. 100
Encino, CA 91316
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