11445 Saticoy Street, North Hollywood, California 91605, North Hollywood, 91605 - 6 bed, 4 bath

11445 Saticoy Street, North Hollywood, California 91605 home-pic-0
ACTIVE$1,199,000
11445 Saticoy Street, North Hollywood, California 91605
6Beds
4Baths
2,567Sqft
6,002Lot

Price Vs. Estimate

The estimated value ($1,140,786.96) is $58,213.04 (4%) lower than the list price ($1,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Opportunity: Two single-family homes on one lot provide excellent rental income potential.
Top Cons:
Year Built: The property was built in 1944, which may require more maintenance compared to newer constructions.

Compared to the nearby listings

Price:$1.20M vs avg $865.0K (+$334,000)87%
Size:2,567 sqft vs avg 1,580 sqft93%
Price/sqft:$467 vs avg $57518%

More Insights

Built in 1944 (81 years old).
Condition: The property, built in 1944, has been extensively renovated. The listing description and images show updated kitchens with white shaker cabinets, quartz countertops, and stainless steel appliances. The bathrooms also appear to be updated with modern vanities and fixtures. The presence of new flooring, double-pane windows, and AC units further supports a recent renovation. While not newly built, the extent of the renovation brings it to a 'good' condition.
Year Built
1944
Close
-
List price
$1.2M
Original List price
$1.27M
Price/Sqft
$467
HOA
-
Days on market
-
Sold On
-
MLS number
OC25090780
Home ConditionGood
Features
View-

About this home

Priced Reduced for a Quick Sale!! EXCELLENT INVESTMENT OPPORTUNITY! Two Beautiful Single Homes on a Lot in North Hollywood. First unit is approximately 1367 sq. ft. and features 3 BED/2 BATH. Second unit is 1200 sq. ft. and 3 BED/2 BATH. Both units offer open-concept floor plans featuring white shaker cabinets, designer tiles backsplash, quartz countertops, double pane windows, laundry units for each, wood and tile flooring, AC units, freshly painted inside & much more! Separate electric meters. Plenty of parking on huge driveway. Minutes away from freeways, popular shopping and entertainment & other amenities. Perfect to live in one unit and rent out the other unit for extra income.

Condition Rating
Good

The property, built in 1944, has been extensively renovated. The listing description and images show updated kitchens with white shaker cabinets, quartz countertops, and stainless steel appliances. The bathrooms also appear to be updated with modern vanities and fixtures. The presence of new flooring, double-pane windows, and AC units further supports a recent renovation. While not newly built, the extent of the renovation brings it to a 'good' condition.
Pros & Cons

Pros

Investment Opportunity: Two single-family homes on one lot provide excellent rental income potential.
Updated Interiors: Both units feature modern upgrades including white shaker cabinets, quartz countertops, and designer tile backsplash.
Individual Laundry: Each unit has its own laundry facilities, increasing tenant appeal.
Newer Systems: The property includes double-pane windows and AC units, offering energy efficiency and comfort.
Convenient Location: Close proximity to freeways, shopping, entertainment, and other amenities enhances the property's desirability.

Cons

Year Built: The property was built in 1944, which may require more maintenance compared to newer constructions.
Lot Size: While the lot size is decent, it might not offer extensive outdoor space compared to other properties in the area.
Original List Price Reduction: The price reduction might indicate underlying issues or market challenges that need further investigation.

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