$1,299,000

Residential Income In North Hollywood

  • 8 Beds
  • 8 Baths
  • 5,100 Sqft
  • 6,527 Sqft lot
  • Updated: May 24
  • Source:
    The MLS (CLAW)  MLS#26655935

About the Property

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-a
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!
  • Property type

    Other

  • Floors

    2

  • Year built

    1945

  • Price/sqft

    $254

Features

  • Parking

Explore the Area

5761 Fair Avenue, Los Angeles, California, United States View on Google Maps
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The Agency - Beverly Hills

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The Agency - Beverly Hills
California, United States
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The Agency - Beverly Hills
Beverly Hills, California, United States
View agency profile
Last updated
May 24
First listed
May 6
Listing reference
26655935
Listing status
Active under contract
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