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$1,250,000

Beds
Unknown
sq ft
Unknown

5761 Fair Ave, North Hollywood, CA 91601

5761 Fair Ave

North Hollywood, CA 91601

  • 12 days on market
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.

Details

Property type

Apartment

Lot size

6,525 sq ft

Price per sq ft

Unknown

Year built

1945

Price History

03/19/2025
CRMLS

CRMLS #SR25060755

Listed
$1,250,000

Schools & Community

Neighborhood: 

North Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Great Western Bank

Loan start date

November 1994

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

8.66%

Loan type

Not Provided

Seller

Jim Fakhoury

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 3:10 PM

Listing updated: 03/20/2025 at 2:08 PM

Listed by: James Antonucci, Keller Williams Realty-Studio City Phone #: (818) 432-1500

MLS: CRMLS #SR25060755

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