Multi-Family for sale in Southern California — $1,299,000. 8 beds · 8 baths · 5,100 sqft. 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…
$1,299,000
5761 Fair Avenue, North Hollywood, CA 91601
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 updated: June 22, 2026 at 10:17 PM
Listed by: Marcus Kassin, The Agency
Source: CRMLS, MLS#: 26655935, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/23/2026 Source: CRMLS, #26655935 | Price change | $1,299,000$255/sqft-6.9% |
| 2/24/2026Source: CRMLS, #26655935 | Listed for sale | $1,395,000$274/sqft |
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