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5053 Fair Ave
North Hollywood, CA 91601
Fair Court Apartments · Multifamily Property For Sale
·
36 Units
Investment Highlights
- Strong rental demand in NoHo for modern units. Units have a balcony or a patio. Market-rate rents (post-2016 construction). Existing EV Chargers.
- Walkable to: Restaurants, cafés, grocery stores, Arts, theaters, and nightlife.
- Close to major freeways (101 / 134 / 170)-commuter-friendly. Near Metro Red Line (North Hollywood Station) ? transit-oriented demand. Walking Score 97
Property Facts
| No. Units | 36 | Building Size | 49,956 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2016 |
| Building Class | A | Parking Ratio | 1.16/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | R4 - Multiple Dwelling Zone | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.33 AC |
| Building Size | 49,956 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2016 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | R4 - Multiple Dwelling Zone |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Tile Floors
- Eat-in Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Instant Hot Water
- Intercom
- Lawn
- Linen Closet
- Office
- Patio
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Disposal Chutes
- Smoke Free
- Car Charging Station
- Elevator
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 458 |
| 1+1 | 19 | - | 694 - 815 |
| 2+2 | 13 | - | 966 - 1,000 |
Property Taxes
| Parcel Number | 2353-012-037 | Improvements Assessment | $5,899,430 |
| Land Assessment | $2,819,481 | Total Assessment | $8,718,911 |
Property Taxes
Parcel Number
2353-012-037
Land Assessment
$2,819,481
Improvements Assessment
$5,899,430
Total Assessment
$8,718,911
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