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Listed by James Antonucci • Keller Williams Realty-Studio City
Bought with James Antonucci
Bought with James Antonucci
$ 1,000,000
$ 1,250,000 20.0%
Est. payment | /mo
6,525 Sqft Lot
$ 1,000,000
$ 1,250,000 20.0%
Est. payment | /mo
6,525 Sqft Lot
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR25060755
Sold Date 04/11/25
Originating Board California Regional MLS
Year Built 1945
Lot Size 6,525 Sqft
Property Sub-Type Fourplex
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, 5
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Laundry None
Exterior
Garage Spaces 7.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 2337032001
Special Listing Condition Not Applicable
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Ben Dodge
REALTOR® | Lic# DRE 01959374