11146 Valley Spring Lane, North Hollywood, California 91602, Studio City, 91602 - 3 bed, 3 bath
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North Hollywood, California 91602
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,017,855 Fair Market Value by 1%. This valuation gap offers $22,855 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a functional layout with a sunroom and converted garage, though it invites cosmetic updates to maximize its potential. Located near Tujunga Village, this property is an ideal acquisition for Owner-Occupants seeking a prime Studio City location or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11146 Valley Spring Lane Subject | $1,995,000* List Price | 3 | 3 | 2,197 | $918 | - |
A 4104 Bakman Sold | $1,765,000 | 3 | 3 | 2,426 | $728 | 0.4 mi |
B 4219 Klump Avenue Sold | $1,737,000 | 3 | 2 | 1,978 | $878 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939, the home is well-maintained but features dated elements consistent with a 20+ year old renovation. The kitchen includes an older fluorescent light box and dated cabinetry, and the exterior wood deck shows signs of peeling paint and wear. While systems like solar panels and a steam shower have been added, the overall aesthetic and core finishes require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11201, living area = 2197.
Situated in a highly desirable Studio City pocket near Tujunga Village and Woodbridge Park, offering exceptional walkability and neighborhood charm.
The oversized 11,198 sq ft lot provides a rare level of privacy, mature landscaping, and significant outdoor entertaining space for the area.
The conversion of the garage into a bonus room removes traditional covered parking and enclosed storage, which may be a drawback for some buyers.
As a 1939 build, the property may require ongoing maintenance or updates to older systems despite its well-maintained cosmetic appearance.
Nestled on a quiet tree-lined street in a highly desirable neighborhood, near Woodbridge Park, 11146 Valley Spring Lane is a beautifully maintained traditional home offering 3 bedrooms, 3 bathrooms, and approximately 2,197 sq ft of inviting living space on an expansive 11,198 sq ft lot. Surrounded by mature landscaping and timeless curb appeal, the home features rich hardwood floors, crown molding, recessed lighting, spacious formal living and dining rooms, and a large family room with vaulted beamed ceilings, custom built-ins, and seamless indoor-outdoor flow. The bright kitchen offers abundant cabinetry, stainless steel appliances, and opens to a charming breakfast nook and stunning sun room filled with natural light and views of the lush backyard. The flexible floor plan includes generously sized bedrooms, including a spacious primary en-suite featuring a steam shower, while the converted garage provides the perfect bonus room, office, studio, or creative space. The oversized backyard is a private retreat complete with multiple entertaining areas, expansive lawn space, mature trees, and endless possibilities for relaxing or hosting. Additional highlights include owned solar panels, exceptional natural light throughout, and a peaceful setting just moments from Tujunga Village, a hidden gem known for its quaint, walkable streets, dog-friendly charm, and collection of beloved locally owned boutiques and cafs. Ideally positioned near major studios, Toluca Lake, the NoHo Arts District, shopping, dining, parks, and convenient freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,197 | 2,426 | 38% |
| Lot Size | 11,201 | 7,501 | 80% |
| Price | $2.00M | $1.95M | 53% |
| Price per sq ft | $908 | $884 | 60% |
| Built year | 1939 | 1940 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 148 | 2% |
Jun 1, 2026
$1,995,000
Initial Listing
Jun 23, 2006
$1,200,000
Public Record
Aug 30, 2001
$580,000
Public Record