5701 Fair, North Hollywood, California 91601, North Hollywood, 91601 - 5 bed, 2 bath
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5701 Fair
North Hollywood, California 91601
ACTIVE
CONDITION: FAIR
5Beds
2Baths
1,622Sq Ft
7,257Lot Size
Property Price
LIST PRICE$1,450,000
SUMMARY
Analysis of 5701 Fair, North Hollywood, California 91601 is currently available with a list price of $1,450,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1939, the property is well-maintained and functional but dated. While it features some modern updates like a mini-split HVAC system and clean hardwood floors, the presence of older wall heaters, original windows, and basic finishes suggests it has not had a comprehensive renovation in over 20 years, requiring minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
The property features two independent residences (2BR/1BA and 3BR/1BA), offering excellent flexibility for rental income, multigenerational living, or a house-hacking strategy.
- Street-to-Street Lot
The unique lot extends from Fair Avenue to Klump Avenue, providing each home with its own private entrance, garage, and yard for maximum privacy and accessibility.
- Prime NoHo Location
Situated in a desirable North Hollywood neighborhood, the property is conveniently close to local dining, shopping, and schools, ensuring high tenant demand and long-term value.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom per unit despite having up to three bedrooms, the layout may be less appealing to modern families or high-end renters seeking more convenience.
- Vintage Construction
Built in 1939, the property may require significant capital expenditures for modernizing systems or structural repairs typical of homes from this era.
About 5701 Fair
Unique Duplex Opportunity with Investment Potential Calling all investors and owner-occupants! This unique duplex-style property offers an excellent opportunity for rental income, multigenerational living, or the option to live in one home while renting the other. The property features two separate homes, each with its own garage and private yard. The home on Fair Avenue offers 2 bedrooms and 1 bathroom, while the home on Klump Avenue features 3 bedrooms and 1 bathroom. The lot extends from Fair Avenue through Klump Avenue, providing a distinctive layout and added versatility. With two independent residences, this property offers flexibility for investors seeking rental income or buyers looking for additional space and income potential. Conveniently located near restaurants, and shopping, schools, this is an opportunity worth exploring. Don’t miss the chance to own a unique property with multiple possibilities!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1939
- Lot Size
- 7,257 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,622 | 2,721.25 |
| Lot Size | 7,257 | 8,709.25 |
| Price | $1.45M | $1.14M |
| Price per sq ft | $894 | $414 |
| Built year | 1939 | 1950 |
| HOA | $0 | $0 |
| Days on market | 17 | 118 |
Pricing History
Listed for Sale
Aug 23, 2026
$1,450,000
Initial Listing