
North Hollywood, California 91601
This 1929 Spanish Colonial Revival is a Strong Value Opportunity, listed at $879,000—positioned well below the $878,698 Fair Market Value (effectively at market). Featuring a 400-square-foot detached accessory living quarters and a 7,252 sqft lot, the property offers significant versatility. While the home maintains a Fair Condition Rating due to vintage infrastructure, its authentic architectural integrity provides a unique foundation for value-add improvements. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich residence with income-generating potential in the NoHo Arts District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11318 Martha Subject | $879,000* List Price | 2 | 2 | 1,590 | $554 | - |
A 10717 Collins Street Sold | $850,000 | 3 | 2 | 1,592 | $534 | 0.8 mi |
B 11017 Tiara Street Sold | $949,900 | 4 | 2 | 1,606 | $591 | 0.5 mi |
C 5835 Beck Avenue Active Under Contract | $899,000 List Price | 2 | 2 | 1,553 | $579 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this home is a well-preserved vintage property but falls into the 'Fair' category due to its age (>20 years) and dated systems. The presence of a window AC unit indicates a lack of modern central HVAC throughout, and while the interior is charming, the kitchen and baths appear to be older renovations or original, likely requiring system and cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7252, living area = 1590.
This 1929 Spanish Colonial Revival retains its authentic period details, including original hardwood floors, wood-beamed ceilings, and stained-glass windows, offering a rare level of craftsmanship and character.
The property features a permitted 400-square-foot detached unit, providing exceptional versatility for use as a guest suite, creative studio, home office, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1590, other record living area = 1190.
As a century-old residence, the property may require ongoing maintenance or upgrades to aging systems such as plumbing and electrical to meet modern standards.
With only two bedrooms in the main residence, the layout may be a constraint for growing families or buyers specifically seeking a traditional three-bedroom floor plan.
In 1929, as Los Angeles was defining the architectural character that would come to symbolize Southern California, one remarkable home quietly took its place on Martha Street. Nearly a century later, it remains not a recreation of history, but an authentic piece of it. Beyond its timeless stucco façade, graceful arches, and gated approach lies a beautifully preserved Spanish Colonial Revival residence rich in craftsmanship, warmth, and character. Original hardwood floors, exposed wood-beamed ceilings, hand-finished plaster walls, decorative Spanish tile, a stunning vintage fireplace, and beautifully preserved wood windows—including a striking stained-glass picture window that fills the entry with natural light—reflect an era when homes were designed with artistry rather than assembled for convenience. Every room carries a warmth and authenticity that simply cannot be recreated. A welcoming entry sets the tone from the moment you arrive, where artisan pendant lighting, rich wood detailing, and garden views create an inviting introduction before opening into the home’s living spaces. Thoughtfully preserved and respectfully evolved over the decades, every detail feels intentional, creating a home that is both timeless and effortlessly livable. Designed with the timeless appeal of a private Spanish compound, the property unfolds beyond the front gate with intimate brick patios, mature trees, and outdoor spaces that invite both quiet mornings and lively gatherings. Adding to its exceptional versatility is a permitted approximately 400-square-foot detached accessory living quarters, offering endless possibilities as a guest retreat, creative studio, home office, or space for extended family. A detached two-car garage, long gated driveway, and generous grounds further enhance the property’s flexibility and appeal. Ideally located moments from the vibrant NoHo Arts District, you’ll enjoy easy access to Republic of Pie, Groundwork Coffee, Lawless Brewing Co., local theaters, restaurants, cafés, Universal Studios, Warner Bros. Studios, Disney Studios, Woodbridge Park, and convenient access to the 101, 134, 170, and 5 freeways. For nearly one hundred years, this home has quietly witnessed the evolution of Los Angeles while preserving the timeless beauty that first made it special. Today, it offers something increasingly rare—not simply a place to live, but the opportunity to write the next chapter of a home whose story has been nearly a century in the making.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,590 | 1,646.753 |
| Lot Size | 7,252 | 6,718.37 |
| Price | $879.0K | $963.6K |
| Price per sq ft | $553 | $634 |
| Built year | 1929 | 1949 |
| HOA | $0 | $155 |
| Days on market | 35 | 60 |
Aug 5, 2026
$879,000
Initial Listing