
North Hollywood, California 91605
This Multi-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $1,250,000—positioned above the $1,132,259 Fair Market Value. While priced at a premium, the property offers exceptional flexibility with a 3-bedroom main house, a junior ADU, and a separate 1-bedroom ADU. Featuring an Updated Condition Rating with modern kitchen and bath finishes, this property is move-in ready. It is an ideal acquisition for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants looking to offset mortgage costs through multi-generational living or rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12327 Saticoy Street Subject | $1,250,000* List Price | 0 | 0 | 2,018 | $561 | - |
A 6928 Vanscoy Avenue Sold | $925,000 | 3 | 2 | 2,034 | $455 | 0.9 mi |
B 7825 Simpson Avenue Sold | $1,275,000 | 6 | 4 | 2,100 | $607 | 0.8 mi |
C 12531 Vose Sold | $1,250,000 | 4 | 3 | 1,805 | $693 | 0.7 mi |
D 6860 Babcock Avenue Sold | $915,000 | 3 | 2 | 1,647 | $556 | 1.0 mi |
E 8043 Rhodes Active | $875,000 List Price | 4 | 2 | 1,930 | $453 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1953, the property has undergone significant renovations within the last 5-15 years. The kitchen features modern high-gloss cabinetry and stone countertops, bathrooms have been updated with contemporary tiling and glass enclosures, and the living spaces include recessed lighting and newer flooring. The addition of mini-split HVAC systems in the ADUs further indicates well-maintained systems, making the entire property move-in ready.
The property features a main residence, a junior ADU, and a separate 1-bedroom ADU, offering exceptional flexibility for high-yield rental income or multi-generational living.
The main 3-bedroom home has been modernized with an updated kitchen and bathroom, newer flooring, and recessed lighting, reducing immediate move-in costs for the owner-occupant.
The property offers the rare advantage of being delivered entirely vacant at close or keeping the existing $1,800/month ADU tenant for immediate cash flow.
The main 3-bedroom residence is served by only a single bathroom, which may be a significant drawback for larger families or modern buyer preferences.
Originally built in 1953, the property may require ongoing maintenance or updates to core systems typical of homes from this era, despite the cosmetic renovations.
Absolutely — I’d update it to accurately reflect the occupancy and remove the details you previously clarified about the ADUs: A versatile North Hollywood property offering a 3-bedroom, 1-bathroom main residence plus two additional living spaces, creating an excellent opportunity for extended family living, rental income, or a combination of both. The main home was updated several years ago with an updated kitchen and bathroom, newer flooring, and recessed lighting. The property also includes a converted garage serving as a junior ADU, featuring an open living area, kitchen, and private bathroom. A separate 1-bedroom, 1-bathroom ADU provides additional living space and rental income potential. The main house and junior ADU are currently occupied by the owner and will be delivered vacant at the close of escrow. The separate ADU is currently rented for $1,800 per month, and the tenant would like to remain. However, if the buyer prefers the ADU to be delivered vacant, it can be vacated at the close of escrow. With a 3-bedroom main residence, junior ADU, and separate 1-bedroom ADU, this property offers exceptional flexibility for multi-generational living, guest accommodations, or rental income. Conveniently located near shopping, dining, schools, transportation, and major freeways, this is a property worth exploring. This version keeps the description MLS-friendly while making the **occupancy and delivery terms very clear**.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,018 | 1,646.753 |
| Lot Size | 7,000 | 6,718.37 |
| Price | $1.25M | $963.6K |
| Price per sq ft | $619 | $634 |
| Built year | 1953 | 1949 |
| HOA | $0 | $155 |
| Days on market | 7 | 60 |
Sep 2, 2026
$1,250,000
Initial Listing
Sep 15, 2016
$450,000
Public Record
Nov 6, 2009
$280,000
Public Record