
North Hollywood, California 91601
This Renovated NoHo Arts District Sanctuary is a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,289,000 Fair Market Value by 7%. This valuation gap provides $94,000 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a sparkling pool, solar panels, and 220V EV charging. The LARD 1.5 zoning and permitted detached recreation room offer significant development upside for up to four units. This is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Developers looking for a high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11465 Cumpston Street Subject | $999,000* List Price | 3 | 4 | 2,073 | $482 | - |
A 11017 Tiara Street Sold | $949,900 | 4 | 2 | 1,606 | $591 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone extensive recent renovations that align with current quality standards. The home features a modern open-concept kitchen with sleek countertops and updated appliances, renovated bathrooms including en suites, and high-end functional upgrades such as solar panels, 220V EV charging, and a newer central HVAC system. The presence of these contemporary features and the 'beautifully updated' status described indicate the renovation occurred within the last 5 years, meeting the criteria for excellent condition.
Zoned LARD 1.5, the property offers significant upside for investors or developers with the potential to build up to four units in a high-demand rental corridor.
Includes a permitted detached recreation room with its own private yard, providing an ideal setup for a home office, creative studio, or a future ADU conversion.
The home is equipped with sustainable features including solar panels and 220V EV charging, complemented by a newer central HVAC system and updated pool filtration.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2073, other record living area = 1680.
The property has undergone a notable price reduction from its original listing, which may indicate initial overpricing or a longer-than-expected time on the market.
While zoned for multi-unit potential, all development claims and unit counts require buyer verification, adding a layer of complexity to the investment process.
PROPERTY ALSO AVAILABLE FOR LEASE AT $6,350/MONTH. Welcome to your urban sanctuary at 11465 Cumpston Street, located in the heart of the NoHo Arts District, where contemporary living meets California charm. This beautifully updated 3-bedroom, 3-bath home, plus detached bungalow, offers a rare blend of comfort, flexibility, and opportunity - ideal for both end-users and developers. Gated and hedged with cacti, succulents, grasses, and a rock garden, the property immediately evokes the calming vibes of our native desert landscape. Inside, the spacious living room features hardwood floors, a charming nook ideal for a piano or mini library, and a cozy fireplace at the heart of the home, while abundant natural light fills the open-concept living, dining, and kitchen spaces, creating effortless flow for everyday living and entertaining. The stylish and functional kitchen offers sleek countertops, modern appliances, and generous storage. Two airy, sun-drenched bedrooms each feature an en suite bath, while a charming third bedroom opens directly to the pool area. A separate guest bath and dedicated laundry area off the dining space complete the main residence. Step outside and enjoy true indoor-outdoor living with a sparkling pool and a detached permitted recreation room with its own private yard space, ideal for guest use, a home office, creative studio, or potential future ADU conversion (buyer to verify). The property is situated within LARD 1.5 zoning, allowing for the potential development of up to four units (buyer to verify), offering meaningful upside for investors or developers seeking to capitalize on one of the Valley's most in-demand rental and redevelopment corridors. Additional highlights include solar panels, 220V EV charging, a newer central HVAC system, and a new pool filtration system. Just moments from shopping, dining, studios, the Red Line Metro, and major freeways, this is a rare opportunity to own a flexible, income-adjacent property in the vibrant NoHo Arts District, just in time for summer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 73% |
| Square foot | 2,073 | 1,606 | 76% |
| Lot Size | 6,748 | 6,502 | 56% |
| Price | $999.0K | $1.07M | 40% |
| Price per sq ft | $482 | $735 | 7% |
| Built year | 1940 | 1941 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 184 | 11% |
Apr 16, 2026
$999,000
$1,099,000
-9% Price Drop
Initial Listing
Mar 26, 2026
$1,099,000
$1,195,000
-8% Price Drop
Initial Listing
Mar 7, 2026
$1,195,000
$1,289,000
-7% Price Drop
Initial Listing
Jan 28, 2026
$1,289,000
Initial Listing
Jan 27, 2015
$550,000
Public Record
Dec 30, 2010
$285,000
Public Record
Aug 4, 2003
$397,000
Public Record