$1,000,000
$1,250,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
5761 Fair Avenue North Hollywood, CA 91601
2 Beds
2 Baths
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
Bedrooms 2
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
Location
State CA
County Los Angeles
Zoning Public Rec
Exterior
View Y/N No
Building
Story 2
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Bought with James Antonucci Keller Williams Realty-Studio City
