See all 6 photos
6 photos
$1,000,000
$1,250,000 20.0%
Est. payment /mo
2 Beds
2 Baths
6,525 Sqft Lot
UPDATED:
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25060755
Sold Date 04/11/25
Bedrooms 2
HOA Y/N No
Lot Size 6,525 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of North Hollywood, 5761 Fair Ave presents an outstanding opportunity for investors seeking a well-maintained fourplex in a thriving rental market. Featuring a desirable unit mix of four spacious 2-bedroom, 2-bath units, this property caters to a broad range of tenants, from professionals to families. Situated on a prominent corner lot, the property offers excellent visibility and accessibility, enhancing its long-term investment potential. Designed for convenience and efficiency, the building is individually metered for gas and electricity, helping to reduce owner expenses. Residents will appreciate the on-site parking, a valuable amenity in this high-demand neighborhood. Its prime location near the CA-170 Freeway provides easy access to surrounding areas, making commuting a breeze. The property is just a short distance from the vibrant NoHo Arts District, a cultural hub known for its theaters, galleries, and trendy dining spots. Additionally, the Metro Red Line Station is nearby, offering seamless public transit options to Hollywood, Downtown LA, and beyond. Tenants will also benefit from the proximity to the Costco Business Center, providing convenience for shopping and everyday needs. With a high-demand rental location and strong tenant appeal, 5761 Fair Ave represents an excellent opportunity for both new and seasoned investors. Please be advised the building does have city violations. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of th
Located in the heart of North Hollywood, 5761 Fair Ave presents an outstanding opportunity for investors seeking a well-maintained fourplex in a thriving rental market. Featuring a desirable unit mix of four spacious 2-bedroom, 2-bath units, this property caters to a broad range of tenants, from professionals to families. Situated on a prominent corner lot, the property offers excellent visibility and accessibility, enhancing its long-term investment potential. Designed for convenience and efficiency, the building is individually metered for gas and electricity, helping to reduce owner expenses. Residents will appreciate the on-site parking, a valuable amenity in this high-demand neighborhood. Its prime location near the CA-170 Freeway provides easy access to surrounding areas, making commuting a breeze. The property is just a short distance from the vibrant NoHo Arts District, a cultural hub known for its theaters, galleries, and trendy dining spots. Additionally, the Metro Red Line Station is nearby, offering seamless public transit options to Hollywood, Downtown LA, and beyond. Tenants will also benefit from the proximity to the Costco Business Center, providing convenience for shopping and everyday needs. With a high-demand rental location and strong tenant appeal, 5761 Fair Ave represents an excellent opportunity for both new and seasoned investors. Please be advised the building does have city violations. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Located in the heart of North Hollywood, 5761 Fair Ave presents an outstanding opportunity for investors seeking a well-maintained fourplex in a thriving rental market. Featuring a desirable unit mix of four spacious 2-bedroom, 2-bath units, this property caters to a broad range of tenants, from professionals to families. Situated on a prominent corner lot, the property offers excellent visibility and accessibility, enhancing its long-term investment potential. Designed for convenience and efficiency, the building is individually metered for gas and electricity, helping to reduce owner expenses. Residents will appreciate the on-site parking, a valuable amenity in this high-demand neighborhood. Its prime location near the CA-170 Freeway provides easy access to surrounding areas, making commuting a breeze. The property is just a short distance from the vibrant NoHo Arts District, a cultural hub known for its theaters, galleries, and trendy dining spots. Additionally, the Metro Red Line Station is nearby, offering seamless public transit options to Hollywood, Downtown LA, and beyond. Tenants will also benefit from the proximity to the Costco Business Center, providing convenience for shopping and everyday needs. With a high-demand rental location and strong tenant appeal, 5761 Fair Ave represents an excellent opportunity for both new and seasoned investors. Please be advised the building does have city violations. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Location
State CA
County Los Angeles
Area North Hollywood (91601)
Zoning Public Rec
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $50
Space Rent $2,750
Financing Cash
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Listed by James Antonucci • Keller Williams Realty-Studio City
Bought with James Antonucci • Keller Williams Realty-Studio City
Bought with James Antonucci • Keller Williams Realty-Studio City
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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