
North Hollywood, California 91606
This Spacious Ranch-Style Home represents a High-Potential Investment Opportunity, listed at $1,270,000—positioned above the $1,217,591 Fair Market Value. While currently priced for the market, the property’s Condition Rating of 4 and 2,148 sqft floor plan offer significant upside through cosmetic modernization. Featuring a private pool, dedicated office, and a large 7,973 sqft lot, the home provides rare functional versatility. Located near highly-rated schools like Burbank Boulevard Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12312 Erwin Street Subject | $1,270,000* List Price | 3 | 3 | 2,148 | $567 | - |
A 6250 Babcock Avenue Sold | $1,100,000 | 4 | 2 | 1,937 | $568 | 0.3 mi |
B 6127 Laurelgrove Sold | $1,125,000 | 3 | 2 | 1,737 | $648 | 0.1 mi |
C 12731 Victory Sold | $900,000 | 3 | 2 | 1,449 | $621 | 0.6 mi |
D 6313 Bluebell Avenue Active | $899,000 List Price | 3 | 2 | 1,358 | $662 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955 and held by the same family for nearly 60 years, the home is exceptionally well-maintained but dated. The bathrooms feature vintage square tiling and older fixtures, and the overall interior lacks recent renovations, requiring cosmetic updates and likely system modernizations to meet current standards.
The 2,148 sqft layout includes a dedicated office that can easily serve as a 4th bedroom and features three full bathrooms, providing rare functional flexibility for the area.
The property offers an exceptional outdoor entertaining space with a sparkling pool, stamped concrete patio, and mature privacy hedging, creating a private oasis.
Situated on a large 7,973 sqft lot in a highly sought-after neighborhood, this well-maintained ranch home offers excellent 'bones' and significant long-term appreciation potential.
Having been held by the same family for nearly 60 years, the home likely requires cosmetic updates and modernizations to meet current luxury standards.
An extended 58-day period on the market and a recent price reduction suggest that the initial pricing may have been high relative to the home's current condition.
Welcome Home to 12312 Erwin Street — A Rare Valley Glen Opportunity Set on a beautifully landscaped lot in one of the San Fernando Valley's most beloved neighborhoods, this spacious and lovingly maintained 3-bedroom, 3-full-bath ranch-style home offers the kind of versatility and square footage that is genuinely hard to find at this price point in Valley Glen. From the moment you arrive, the sweeping brick-accented driveway, vibrant gardens, and warm red Dutch door signal that this is something special. A lush front lawn — kept pristine by a built-in sprinkler system — and mature trees frame a home that has been cherished by the same family for nearly 60 years. Inside, the floor plan is where this home truly shines. The expansive living room with its classic brick fireplace flows openly to a separate den with direct sliding glass door access to the pool — creating an effortless indoor-outdoor living experience. A generous formal dining room, charming kitchen with breakfast nook, dedicated laundry room, and a private office with stunning custom built-in cabinetry — convertible to a 4th bedroom — round out a layout that adapts beautifully to virtually any lifestyle. The primary suite is a true retreat, with direct access to the backyard pool through sliding glass doors. Two additional bedrooms offer ceiling fans and generous closet space, and three full bathrooms serve the home with ease. Step outside and discover your own private resort. A sparkling pool, spacious stamped concrete patio, string lights, ground lighting, mature privacy hedging, and a full sprinkler system create a backyard made for entertaining year-round. A 2-car garage completes the package. This is a rare chance to own a well-loved, move-in ready home with exceptional bones in a neighborhood where properties don't last. Whether you're looking to settle in as-is or put your own personal stamp on it over time — the canvas is ready.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,148 | 1,646.753 |
| Lot Size | 7,973 | 6,718.37 |
| Price | $1.27M | $963.6K |
| Price per sq ft | $591 | $634 |
| Built year | 1955 | 1949 |
| HOA | $0 | $155 |
| Days on market | 64 | 60 |
Aug 11, 2026
$1,270,000
$1,330,000
-5% Price Drop
Initial Listing
Jul 7, 2026
$1,330,000
Initial Listing