
North Hollywood, California 91601
This Modern Condominium represents a Strong Value Opportunity, listed at $465,000—positioned well below the $470,470 Fair Market Value by 1%. This valuation gap offers $5,470 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit is move-in ready with a private deck, though it offers potential for cosmetic updates. Located in the vibrant NoHo Arts District, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11124 Burbank Boulevard 101 Subject | $465,000* List Price | 2 | 1 | 800 | $588 | - |
A 5143 Bakman 308 Sold | $373,000 | 1 | 1 | 664 | $562 | 0.6 mi |
B 5224 Denny Avenue 209 Sold | $425,000 | 2 | 1 | 830 | $512 | 0.7 mi |
C 5045 Fair Avenue 2 Sold | $373,000 | 1 | 1 | 675 | $553 | 0.7 mi |
D 5143 Bakman Avenue 320 Active | $399,000 List Price | 1 | 1 | 639 | $624 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (21 years old), the property is well-maintained and move-in ready, but the original bathroom finishes and lobby decor are dated. At over 20 years old, major systems like HVAC are likely nearing the end of their functional lifespan, meeting the criteria for minor updates.
Built in 2005, this condominium is significantly newer than much of the surrounding North Hollywood inventory, offering more contemporary building standards, systems, and energy efficiency.
Listed at $465,000, the property is priced aggressively and sits below its most recent sale price of $475,000, representing an excellent entry-level opportunity for the area.
Located in the 91601 zip code, the property provides convenient access to the NoHo Arts District, major film studios, and the Metro Red Line, ensuring high demand for both owners and renters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20674, other record lot size in square feet = 20571.
The 2-bedroom, 1-bathroom configuration is a notable drawback for multi-occupant households or roommates, potentially limiting the buyer pool compared to units with a second bath.
With only 800 square feet of living space for a two-bedroom unit, the layout may feel restrictive and lacks the spaciousness often desired in this price segment.
Exceptional opportunity in North Hollywood. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,118 |
| Lot Size | 20,674 | 203,527 |
| Price | $465.0K | $625.9K |
| Price per sq ft | $581 | $503 |
| Built year | 2005 | 1986 |
| HOA | $413.0 | $565 |
| Days on market | 14 | 66 |
Jul 8, 2026
$465,000
Initial Listing
Oct 22, 2024
$475,000
Public Record
Jan 8, 2019
$379,000
Public Record
Sep 25, 2013
$212,000
Public Record
Jul 27, 2006
$360,000
Public Record