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.
DAYS ON MARKET
|
10
|
LAST UPDATED
|
3/19/2025
|
YEAR BUILT
|
1945
|
COMMUNITY
|
North Hollywood
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
North Hollywood |
LOT |
6525 sq ft |
LOT DESCRIPTION |
2-5 Units/Acre |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
WATER |
Public |
ZONING |
LARD1.5 |
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Listed with Keller Williams Realty-Studio City
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from CRMLS as of 3/28/25 11:35 PM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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