
North Hollywood, California 91601
This Strong Value Opportunity is a rare three-bedroom condominium listed at $650,000, positioned slightly above the $600,206 Fair Market Value. While the property requires cosmetic updates to its Fair Condition Rating—specifically the dated oak cabinetry—it offers significant upside through its top-floor corner positioning, soaring ceilings, and dual balconies. Located centrally in the NoHo Arts District, this asset provides excellent rental demand and lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11124 Burbank Boulevard 311 Subject | $650,000* List Price | 3 | 3 | 1,320 | $455 | - |
A 4821 Bakman Avenue 405 Sold | $679,000 | 3 | 2 | 1,360 | $499 | 1.0 mi |
B 5016 Bakman Avenue 401 Sold | $745,000 | 3 | 3 | 1,600 | $466 | 0.7 mi |
C 11124 Burbank Boulevard 212 Sold | $585,000 | 3 | 3 | 1,300 | $450 | - |
D 5017 Cartwright 3 Sold | $762,000 | 4 | 3 | 1,656 | $460 | 0.9 mi |
E 5100 Riverton Avenue 9 Sold | $826,000 | 4 | 3 | 1,693 | $488 | 0.8 mi |
F 5264 Satsuma Avenue 9 Active | $639,000 List Price | 3 | 2 | 1,270 | $503 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it in the 'Fair' category. While the unit is well-maintained with updated wood-style flooring and granite countertops, the kitchen features dated oak cabinetry and older black appliances that likely require modernization to meet current market standards.
As a top-floor corner unit with soaring high ceilings and two private balconies, this home maximizes natural light, privacy, and offers desirable mountain views.
The spacious three-bedroom, three-bathroom layout is a rare find in the condominium market, providing excellent versatility for families, roommates, or a dedicated home office.
Situated minutes from the NoHo Arts District and major media studios, the property offers high walkability and convenient access to premier dining, shopping, and entertainment.
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 association fee of $500.84 per month represents a significant recurring carrying cost that may impact overall affordability for some buyers.
The 2005-era oak cabinetry and granite countertops, while functional, may feel dated to modern buyers looking for contemporary luxury renovations.
Welcome to this top-floor, three-bedroom, three-bathroom corner unit. Filled with an abundance of natural light, it features soaring high ceilings and durable wood-style flooring that runs continuously through the main living areas, the home immediately offers a substantial sense of space and openness from the moment you walk through the front door. The open-concept living and dining area serves as a versatile central gathering space, connecting directly to the first of two private outdoor balconies through large glass sliding doors that easily blend indoor and outdoor living. Adjacent to the main living space, the highly functional kitchen is fully equipped with extensive granite countertops, plenty of classic oak cabinetry for storage, and a full suite of appliances including a gas range and built-in microwave. Additionally, a conveniently tucked-away, in-unit stacked washer and dryer setup maximizes daily efficiency without taking away from the floor plan. Down the hall, the well-proportioned bedrooms maintain the bright, airy aesthetic with their own high ceilings, large windows, and ample closet space to accommodate your storage needs. The living space extends outward once more, offering direct bedroom access to the second private balcony to easily catch the breeze. Positioned centrally along Burbank Boulevard, this property provides excellent access to local entertainment, shopping, and dining, placing you just minutes away from the vibrant NoHo Arts District, major media studios, and the everyday conveniences of Magnolia Park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,320 | 1,313 | 53% |
| Lot Size | 20,674 | 20,674 | 50% |
| Price | $650.0K | $650.0K | 50% |
| Price per sq ft | $492 | $499 | 47% |
| Built year | 2005 | 1990 | 53% |
| HOA | $500.84 | $498 | 53% |
| Days on market | 89 | 115 | 33% |
Mar 9, 2026
$650,000
Initial Listing
Jun 16, 2022
$715,000
Public Record
Apr 6, 2007
$561,500
Public Record
Feb 27, 2006
$490,000
Public Record