
North Hollywood, California 91602
This Spacious Multi-Unit Residence is a Prime Investment Opportunity, listed at $1,399,000—positioned well below the $1,428,050 Fair Market Value by 2%. This valuation gap offers $29,050 in Instant Equity. Featuring a 3,023 sqft layout with a detached 2BD/1BA ADU, owned solar system, and Tesla EV charger, the property maintains a Condition Rating of 3. It balances modern efficiency with vintage character, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking significant rental income potential in North Hollywood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11261 Blix Street Subject | $1,399,000* List Price | 6 | 4 | 3,023 | $472 | - |
A 11261 Blix Street Pending | $1,485,000 List Price | 4 | 3 | 2,987 | $497 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1940 but significantly updated. The kitchen features stainless steel appliances and granite countertops from a mid-range renovation (approx. 10-15 years old). While some bathrooms and wood-paneled rooms appear dated, the property is well-maintained and move-in ready with high-value modern systems including owned solar and a Tesla EV charger.
The property includes a detached 2-bedroom, 1-bathroom ADU with its own address, providing a versatile layout ideal for multi-generational living or generating significant rental income.
Equipped with a fully owned solar energy system and a Tesla EV charger, the home offers substantial long-term utility savings and appeals to eco-conscious buyers.
Boasting over 3,000 square feet of living space on a generous 8,252 square foot lot, the residence provides a rare combination of interior volume and expansive outdoor area in a prime North Hollywood location.
Originally built in 1940, the property may require more intensive maintenance or updates to aging systems compared to newer constructions in the area.
With a total of six bedrooms across two dwellings, the gated side-driveway configuration may present parking challenges or congestion for high-occupancy households.
Set on a generous sized lot, this inviting single-story residence offers a thoughtful balance of space, comfort, and versatility. The main home features 4BD/3BA, complemented by a detached 2BD/1BA Accessory Dwelling Unit (ADU) with its own address, creating a flexible layout well-suited for a variety of living arrangements. A landscaped front yard and covered porch provide a welcoming first impression. Inside, warm wood floors and a light-filled living room with a fireplace create an open layout, ideal for hosting friends and family. The living room flows into a well-appointed kitchen offering generous counter and cabinet space, a stacked washer and dryer, and convenient access to the side driveway, perfect for unloading groceries. Adjacent to the kitchen, a bonus room with an enclosed, private patio lends itself nicely to a dining area or additional living space. The primary bedroom enjoys direct access to the backyard and includes a walk-in closet and an ensuite bath with a soaking tub and shower. Three additional bedrooms offer ample closet space, with a mix of ensuite and Jack-and-Jill bathroom arrangements that enhance functionality. Outdoors, the private, expansive backyard features a large grassy lawn and covered patio, ideal for relaxed gatherings or quiet enjoyment. The detached ADU (11263 Blix St) is equipped with a kitchenette that includes a stainless steel oven range with hood, a full bath with a shower-and-tub combination, and two comfortably sized bedrooms with generous storage. Additional highlights on the property include a gated driveway extending along the side of the property, Tesla EV charger and a fully owned, value-enhancing and money-saving solar energy system. With easy access to major freeways, film studios, and dining and entertainment in NoHo Arts District, this property presents a well-rounded opportunity in one of the valley's most dynamic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,023 | 1,646.753 |
| Lot Size | 8,252 | 6,718.37 |
| Price | $1.40M | $963.6K |
| Price per sq ft | $463 | $634 |
| Built year | 1940 | 1949 |
| HOA | $0 | $155 |
| Days on market | 36 | 60 |
Aug 4, 2026
$1,399,000
Initial Listing
Mar 25, 2011
$610,000
Public Record
Jul 3, 2003
$530,000
Public Record