12422 Sylvan Street, North Hollywood, California 91606, North Hollywood, 91606 - 3 bed, 2 bath
ACTIVE$1,150,000
12422 Sylvan Street, North Hollywood, California 91606
3Beds
2Baths
1,413Sqft
7,671Lot
Price Vs. Estimate
The estimated value ($940,404.325) is $209,595.675 (18%) lower than the list price ($1,150,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Lot Size: The expansive 7,671 sq ft lot offers significant space for potential expansion, landscaping, or complete redevelopment, maximizing future value.
Top Cons:
As-Is Condition & Renovation Required: Sold in 'AS IS' condition and described as a 'fixer,' indicating a need for substantial renovation, repairs, or complete overhaul.
Compared to the nearby listings
Price:$1.15M vs avg $929.0K (+$221,000)73%
Size:1,413 sqft vs avg 1,461 sqft43%
Price/sqft:$814 vs avg $62588%
More Insights
Built in 1967 (58 years old).
Condition: Built in 1967, this property is explicitly marketed as a 'fixer' and sold 'AS IS,' indicating significant issues. The images confirm this, showing a severely outdated and neglected interior. The kitchen features old, damaged wooden cabinets, dirty and possibly damaged tile flooring, outdated appliances (some appearing non-functional or missing panels), and an old light fixture. Other rooms show worn hardwood floors, dirty walls, and old windows. The overall condition suggests substantial repairs and rehabilitation are required, with major components needing replacement or extensive renovation to be livable and meet current standards.
Year Built
1967
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$814
HOA
-
Days on market
-
Sold On
-
MLS number
25604565
Home ConditionPoor
Features
View-
About this home
3Br-2Ba fixer situated on almost 8000 Sq ft lot -Making it a perfect canvas for your dream home. This is an amazing opportunity to Re develop this property on one of the best tree-lined streets in the prime Valley Glen. Whether you are a Builder & Investor looking to build new home/Income & Investment property or an owner- user looking to create your Dream house your will find this property desirable. Close to places of worship, shopping /NoHo Shopping Center and more. Sold in It's AS IS Condition.
Nearby schools
6/10
John B. Monlux Elementary School
Public,•K-5•0.4mi
5/10
Bellingham Elementary School
Public,•K-5•0.6mi
5/10
Victory Boulevard Elementary School
Public,•K-5•0.7mi
5/10
Coldwater Canyon Elementary School
Public,•K-5•0.9mi
7/10
Burbank Boulevard Elementary School
Public,•K-5•1.0mi
6/10
Erwin Elementary School
Public,•K-5•1.2mi
3/10
Maurice Sendak Elementary School
Public,•K-5•1.4mi
4/10
Kittridge Street Elementary School
Public,•K-5•1.5mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•2.3mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•2.3mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•2.3mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•2.7mi
4/10
Roy Romer Middle School
Public,•6-8•0.5mi
5/10
James Madison Middle School
Public,•6-8•1.1mi
6/10
Walter Reed Middle School
Public,•6-8•2.4mi
2/10
Van Nuys Middle School
Public,•6-8•2.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•0.9mi
8/10
North Hollywood Senior High School
Public,•9-12•1.6mi
6/10
Van Nuys Senior High School
Public,•9-12•2.9mi
Condition Rating
Poor
Built in 1967, this property is explicitly marketed as a 'fixer' and sold 'AS IS,' indicating significant issues. The images confirm this, showing a severely outdated and neglected interior. The kitchen features old, damaged wooden cabinets, dirty and possibly damaged tile flooring, outdated appliances (some appearing non-functional or missing panels), and an old light fixture. Other rooms show worn hardwood floors, dirty walls, and old windows. The overall condition suggests substantial repairs and rehabilitation are required, with major components needing replacement or extensive renovation to be livable and meet current standards.
Pros & Cons
Pros
Generous Lot Size: The expansive 7,671 sq ft lot offers significant space for potential expansion, landscaping, or complete redevelopment, maximizing future value.
High Redevelopment Potential: Positioned as a 'fixer' and 'perfect canvas,' this property is ideal for builders, investors, or owner-users seeking to redevelop or build a custom dream home.
Desirable Valley Glen Location: Situated on one of the best tree-lined streets in prime Valley Glen, offering a sought-after neighborhood environment.
Excellent Local Amenities: Conveniently located close to major shopping centers like NoHo, places of worship, and other essential community amenities.
Broad Market Appeal: The property's potential for both investment/redevelopment and owner-occupancy appeals to a wide range of buyers.
Cons
As-Is Condition & Renovation Required: Sold in 'AS IS' condition and described as a 'fixer,' indicating a need for substantial renovation, repairs, or complete overhaul.
Dated Construction: Built in 1967, the existing structure is older and will likely require significant updates to systems, finishes, and energy efficiency to meet modern expectations.
Discrepancy in Valuation: The listing price is 21% above the property's estimated value, which may suggest a premium for land and redevelopment potential but could be perceived as overvalued for the current structure.