11209 La Maida, North Hollywood, California 91601, North Hollywood, 91601 - 2 bed, 2 bath
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11209 La Maida
North Hollywood, California 91601
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,402Sq Ft
4,999Lot Size
Property Price
LIST PRICE$1,000,000
EST. MARKET VALUE
$991,405
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned slightly above the $991,406 Fair Market Value. While the property is in Fair Condition Rating (1928 build), its R3-1VL Zoning provides a rare, high-density redevelopment path in the NoHo Arts District. The site is an ideal Asset for Multi-Family Developers or Buy-and-Hold Investors looking to capitalize on strong regional demand for new housing. This project requires significant capital expenditure but offers substantial long-term upside through modern, high-density construction.
Estimated Market Value
$991,405
Based on Realkey algorithm analyzing recent comparable sales in North Hollywood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11209 La Maida Subject | $1,000,000* List Price | 2 | 2 | 1,402 | $707 | - |
A 5055 Willowcrest Active | $1,199,700 List Price | 3 | 2 | 1,877 | $639 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1928 with no evidence of recent renovations; the kitchen and flooring are severely dated (30-50+ years). The property is marketed as a redevelopment opportunity for developers and sold 'as-is,' indicating significant rehab is required to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The R3-1VL Multiple Dwelling zoning provides a rare and significant opportunity for high-density redevelopment in a rapidly transforming neighborhood.
- Prime Location
Situated adjacent to the NoHo Arts District, the property offers exceptional proximity to transit, dining, and entertainment, ensuring high demand for future units.
- Investment Viability
Located in one of the San Fernando Valley's most active growth corridors, the site is perfectly positioned to capitalize on the strong regional demand for new housing.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is sold strictly in its present condition with no seller repairs, requiring buyers to factor in significant costs for demolition or major renovation.
- Dated Infrastructure
Built in 1928, the existing 2-bedroom structure likely lacks modern amenities and systems, limiting its utility as a move-in ready residence without substantial investment.
About 11209 La Maida
R3-1LV Zoning. Attention all INVESTORS and DEVELOPERS. Located adjacent to the NoHo Arts District, 11209 La Maida Street presents a rare opportunity for those seeking their next project. This property offers significant redevelopment potential in one of the San Fernando Valley's most active and rapidly transforming neighborhoods.The property currently has a 1,402-square-foot home featuring 2 bedrooms, 1.5 bathrooms, a formal dining room, an interior laundry area, and a detached garage. Surrounded by established multi-family properties and benefiting from its proximity to the NoHo Arts District, transit, dining, and entertainment, the site is well-positioned to capitalize on the area's continued growth and strong demand for new housing. Buyers are encouraged to conduct their own independent investigations regarding zoning, density, and applicable development standards to determine the property's maximum development potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 4,999 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,402 | 1,646.753 |
| Lot Size | 4,999 | 6,718.37 |
| Price | $1.00M | $963.6K |
| Price per sq ft | $713 | $634 |
| Built year | 1928 | 1949 |
| HOA | $0 | $155 |
| Days on market | 20 | 60 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,000,000
Initial Listing