
North Hollywood, California 91606
This RD2-Zoned Spanish Residence is a premium asset listed at $1,099,000, positioned near its $1,036,246 Fair Market Value. Boasting a Condition Rating of 3, the home features a high-end Viking Kitchen, fully paid-off solar, and a resort-style backyard with a swim spa and BBQ island. The existing casita and RD2 zoning provide immediate rental income or ADU expansion potential. Families will value the 9/10 rated Theodore Roosevelt Elementary. This is an ideal match for Owner-Occupants or Multi-Generational Families seeking lifestyle luxury and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11232 Oxnard Street Subject | $1,069,000* List Price | 3 | 2 | 1,470 | $688 | - |
A 6220 Morella Avenue Sold | $1,150,000 | 3 | 2 | 1,702 | $676 | 0.9 mi |
B 6105 Willowcrest Sold | $890,000 | 3 | 2 | 1,593 | $559 | 0.7 mi |
C 6443 Bakman Sold | $850,000 | 3 | 2 | 1,515 | $561 | 0.6 mi |
D 11344 Delano Street Sold | $1,110,000 | 3 | 2 | 1,650 | $673 | 0.2 mi |
E 6232 Camellia Avenue Sold | $975,000 | 4 | 3 | 1,505 | $648 | 0.5 mi |
F 6339 Riverton Avenue Sold | $870,000 | 3 | 3 | 1,528 | $569 | 0.7 mi |
G 6033 Fulcher Active | $1,150,000 List Price | 3 | 2 | 1,513 | $760 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1927 Spanish-style residence is in move-in ready condition, showing evidence of significant high-end updates that balance vintage character with modern functionality. The kitchen is a standout feature, equipped with premium Viking appliances and updated cabinetry. The interior features well-maintained hardwood flooring, custom stained glass, and recessed lighting. Major system upgrades, such as the fully paid-off solar panels and the addition of a modern swim spa and BBQ island, indicate a high level of maintenance and investment. While the home is nearly a century old, the quality of the renovations and the functional layout of the main house and casita meet the criteria for a 'good' condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7061, living area = 1470.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The RD2-zoned lot and existing casita with a private entrance and kitchen offer significant upside for duplex conversion, ADU expansion, or immediate rental income.
Several immediate neighborhood schools, including the nearby elementary and high school, have lower performance ratings, which may deter education-focused families.
Being a 1927 build, the property may harbor underlying maintenance needs typical of century-old homes that are not addressed by surface-level cosmetic upgrades.
**$1,069,000 — MAJOR PRICE REDUCTION | BEST VALUE NOHO SPANISH WITH RD2 UPSIDE!** Rarely does a property check *this* many boxes in one of North Hollywood’s most sought-after neighborhoods. Character, income potential, lifestyle, and future development opportunity all come together in this stunning 1927 Spanish on an RD2-zoned lot with endless possibilities. Behind the gated paver driveway, this beautifully maintained property delivers approximately 1,470 sq ft of versatile living space, blending timeless vintage charm with meaningful modern upgrades. The main residence features 2 bedrooms and 1 bath filled with authentic Spanish character — gorgeous original tile details, custom stained glass, warm architectural touches, and an upgraded chef’s kitchen featuring premium Viking appliances. A standout feature is the detached Casita-style suite with its own private entrance, full bath, and kitchen — ideal for rental income, guests, multigenerational living, creative studio space, or the ultimate work-from-home setup. The RD2 zoning creates exceptional long-term upside with duplex, ADU, and expansion potential (buyer to verify). The detached multi-car garage — currently configured as an office — presents even more opportunity for future conversion or additional income-producing space. The backyard feels like a private resort retreat, designed for entertaining and relaxing alike with multiple covered patios, mature privacy hedges, a built-in BBQ island, lush landscaping, and a newly installed swim spa that elevates the entire outdoor experience. Additional features include fully owned and PAID OFF SOLAR for major long-term savings and efficiency. Whether you’re an owner-user looking for flexibility, an investor seeking upside, or a buyer wanting a one-of-a-kind North Hollywood compound with future potential, this is an opportunity that stands out from everything else on the market. **Aggressively priced at $1,069,000 — don’t miss one of the most compelling value opportunities in North Hollywood.**
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,470 | 1,505 | 49% |
| Lot Size | 7,061 | 6,750 | 73% |
| Price | $1.07M | $892.5K | 73% |
| Price per sq ft | $727 | $648 | 73% |
| Built year | 1927 | 1947 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 189 | 9% |
May 16, 2026
$1,069,000
$1,099,000
-3% Price Drop
Initial Listing
Apr 16, 2026
$1,099,000
Initial Listing
Apr 14, 2021
$887,000
Public Record
Aug 21, 2006
$525,000
Public Record
May 15, 1997
$120,000
Public Record