11274 Morrison Street 2, North Hollywood, California 91601, North Hollywood, 91601 - 2 bed, 3 bath

11274 Morrison Street 2, North Hollywood, California 91601 home-pic-0
ACTIVE$679,000
11274 Morrison Street 2, North Hollywood, California 91601
2Beds
3Baths
1,276Sqft
13,006Lot
Year Built
1983
Close
-
List price
$679K
Original List price
$699K
Price/Sqft
$532
HOA
$550
Days on market
-
Sold On
-
MLS number
BB25028550
Home ConditionGood
Features
Patio
ViewCourtyard, Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $679.0K(43th), sqft - 1276(43th), beds - 2(43th), baths - 3(50th).

PRICE ADJUSTED! Fantastic two bedroom/two and a half bath townhouse at MORRISON PLAZA in the NOHO Art’s District. Wonderfully remodeled throughout with IN UNIT LAUNDRY. Nearly 1300 square feet of living space with newer paint and flooring throughout. The main living area features a fireplace and sliders to the common area patio. Dining area sets up next to the updated kitchen that is highlighted by a breakfast bar, granite countertops, stainless steel appliances and a tiled backsplash. A powder room rounds out the first level. Upstairs to the spacious primary bedroom suite with walk in closet and huge on suite full bath that has dual vanities and a stone tiled shower. A second, generously sized bedroom is adjacent to another full bathroom that also stores the laundry set up. This residence also has two side by side parking spots and storage. The HOA recently upgraded the roof and plumbing. Centrally located to the best restaurants, nightlife, parks, groceries and just minutes to Toluca Lake or Studio City. Don’t miss your chance!

Condition Rating
Good

Despite being built in 1983, the property has been 'wonderfully remodeled throughout' with 'newer paint and flooring.' The kitchen features updated granite countertops, stainless steel appliances, and a tiled backsplash, while the primary bathroom boasts dual vanities and a stone-tiled shower, all indicative of renovations within the last 5-15 years. The HOA's recent upgrades to the roof and plumbing further ensure major systems are well-maintained. The property is move-in ready with modern finishes, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location: Situated in the desirable NOHO Art’s District, offering convenient access to top restaurants, nightlife, parks, groceries, and minutes from Toluca Lake and Studio City.
Extensively Remodeled Interior: The townhouse has been wonderfully remodeled throughout with newer paint, flooring, an updated kitchen featuring granite countertops and stainless steel appliances, and modern bathrooms.
Recent HOA Capital Improvements: The Homeowners Association has recently upgraded the roof and plumbing, mitigating potential future major assessment costs for these critical components.
Convenient Amenities: Includes highly sought-after in-unit laundry, two side-by-side parking spots, and additional storage, enhancing daily living convenience.
Spacious Primary Suite: The primary bedroom suite is generously sized, featuring a walk-in closet, dual vanities, and a stone-tiled shower in the en-suite bathroom.

Cons

Price Reduction History: The property has undergone a recent price adjustment, which may suggest it has been on the market for some time or faced challenges in attracting buyers at its original price point.
High Monthly HOA Dues: The $550 monthly association fee is substantial and adds significantly to the overall cost of homeownership, which could be a deterrent for some buyers.
Limited Private Outdoor Space: The main living area opens to a common area patio, which may not appeal to buyers seeking exclusive and private outdoor living space.

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