11274 Morrison Street 2, North Hollywood, California 91601, North Hollywood, 91601 - 2 bed, 3 bath
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North Hollywood, California 91601
This Remodeled NoHo Arts District Townhome is a Strong Value Opportunity, listed at $599,000—positioned well below the $644,475 Fair Market Value by 7%. This valuation gap provides $45,475 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the residence features a gourmet kitchen with stainless appliances, vinyl flooring, and a private patio. The low HOA fee offers exceptional utility value by covering internet, cable, and water. This is an ideal acquisition for Owner-Occupants seeking urban convenience or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11274 Morrison Street 2 Subject | $599,000* List Price | 2 | 3 | 1,276 | $505 | - |
A 11154 Huston Street 7 Sold | $635,000 | 2 | 3 | 1,220 | $520 | 0.2 mi |
B 11127 La Maida 9 Active | $739,000 List Price | 3 | 3 | 1,318 | $561 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition following a comprehensive remodel. It features modern vinyl plank flooring, a gourmet kitchen with stainless steel appliances, stone countertops, and a subway tile backsplash. While the 1983 build date is reflected in some architectural elements like the kitchen's recessed light box and cabinet door profiles, the bathrooms have been updated with modern vanities and tile work. Major systems are well-maintained, with the listing noting recent upgrades to the roof and plumbing.
Situated in the heart of the NoHo Arts District and just half a mile from Toluca Lake, this property offers exceptional walkability and access to fine dining, entertainment, and major freeways.
The townhome features a fully remodeled gourmet kitchen with stainless steel appliances, updated vinyl flooring, and a spacious primary suite with double vanities, making it move-in ready with all appliances included.
The low HOA fee provides significant utility value by covering internet, cable, water, and trash, while recent major infrastructure upgrades to the roof and plumbing have already been paid in full.
Despite interior remodeling, the 1983 building age may result in dated common area aesthetics and architectural limitations compared to newer modern developments in the area.
As a small 12-unit complex focused on low maintenance fees, the property lacks typical luxury amenities such as a swimming pool, fitness center, or extensive guest parking.
LOCATION, LOCATION, LOCATION! This REMODELED 2-bedroom, 2.5-bathroom, 1,276 sq ft townhome is located in the heart of the NORTH HOLLYWOOD ARTS DISTRICT, in the prestigious MORRISON PLAZA. APPROXIMATELY 1/2 A MILE FROM TOLUCA LAKE, this highly desirable property is part of a gated community with only 12 units. It is a premium corner unit with IN-UNIT LAUNDRY, 2 SIDE-BY-SIDE PARKING SPACES in the SUBTERRANEAN GARAGE, and LOW HOA FEE. Upgrades and highlights include a Gourmet Kitchen with Stainless Steel Appliances & Tiled Backsplash, Vinyl Flooring, Spacious Primary Bedroom with En-Suite Bathroom & Double Vanities, Walk-In Closets, Fireplace, Central AC/Heat, an Abundance of Natural Light, and Direct Access to the Common Patio Area. The community is well-maintained, with recent upgrades to roof and plumbing. HOA dues cover Spectrum Internet/Cable, Water, Trash, and Grounds Maintenance—providing excellent value. Conveniently located minutes from Toluca Lake, Studio City, Sherman Oaks, Ventura Blvd, and Universal City, with easy access to the 170, 101, and 134 freeways. Fine dining, shopping, entertainment, and nightlife are nearby, making this the perfect location to enjoy everything the area has to offer. This property is a rare find in the community and has been priced to sell! ALL APPLIANCES ARE INCLUDED & SPECIAL ASSESSMENTS HAVE BEEN PAID OFF!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,276 | 1,380 | 40% |
| Lot Size | 13,006 | 13,006 | 50% |
| Price | $599.0K | $800.0K | 20% |
| Price per sq ft | $469 | $505 | 40% |
| Built year | 1983 | 1983 | 50% |
| HOA | $575.0 | $575 | 50% |
| Days on market | 22 | 155 | 20% |
Mar 31, 2026
$599,000
Initial Listing
Jan 14, 2022
$590,000
Public Record
Nov 14, 2019
$462,000
Public Record