12500 Lull Street, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 2 bath
ACTIVE$849,999$1,222/sqft
Est. Value: $720,489
-15%
AboveEstimate
12500 Lull Street, North Hollywood, California 91605
3Beds
2Baths
1,222Sqft
6,507Lot
Price Vs. Estimate
The estimated value ($720,489.13) is $129,509.87 (15%) lower than the list price ($849,999). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential & Large Lot: The spacious 6,500+ sq. ft. corner lot offers significant room for expansion, gardening, and the highly desirable addition of an Accessory Dwelling Unit (ADU), enhancing future value and utility.
Top Cons:
Age and Required Updates: Built in 1953, the property likely requires significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet current market standards and buyer expectations.
Compared to the nearby listings
Price:$850.0K vs avg $850.0K ($-1)48%
Size:1,222 sqft vs avg 1,514.5 sqft35%
Price/sqft:$696 vs avg $60076%
More Insights
Built in 1953 (73 years old).
Condition: Built in 1953, this property is over 70 years old. The listing description and AI analysis explicitly state it 'likely requires significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics' and will need 'substantial financial and time investment for renovations.' While no interior photos are provided to assess the kitchen and bathrooms directly, the overall age and the stated need for significant system and aesthetic updates strongly indicate that these areas, along with other major components, are in poor, outdated condition and require substantial repairs and rehabilitation to meet current standards. The exterior images show an older home with an unkempt yard, reinforcing the need for significant work.
Year Built
1953
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$696
HOA
-
Days on market
-
Sold On
-
MLS number
25629817
Home ConditionPoor
Features
Patio
View-
About this home
Charming Corner Home with Endless Potential. This exceptional corner property sits on a spacious 6,500+ sq. ft. lot, offering tremendous opportunities for homeowners and investors alike. With over 21 windows throughout, the home is filled with an abundance of natural light, creating a warm and inviting atmosphere. Featuring 3 bedrooms and 2 bathrooms, the home includes a generous covered outdoor patio perfect for entertaining along with a two-car garage and a large storage shed. The expansive front and back yards provide plenty of room to add an ADU or to relax, garden, or expand. Located in a desirable area, this property offers unlimited potential. With the right vision, this hidden gem is ready to shine even brighter.
A
Aisha Andrews
Listing Agent
Price History
Date
Event
Price
01/28/21
Sold
$603,000
Condition Rating
Poor
Built in 1953, this property is over 70 years old. The listing description and AI analysis explicitly state it 'likely requires significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics' and will need 'substantial financial and time investment for renovations.' While no interior photos are provided to assess the kitchen and bathrooms directly, the overall age and the stated need for significant system and aesthetic updates strongly indicate that these areas, along with other major components, are in poor, outdated condition and require substantial repairs and rehabilitation to meet current standards. The exterior images show an older home with an unkempt yard, reinforcing the need for significant work.
Pros & Cons
Pros
ADU Potential & Large Lot: The spacious 6,500+ sq. ft. corner lot offers significant room for expansion, gardening, and the highly desirable addition of an Accessory Dwelling Unit (ADU), enhancing future value and utility.
Abundant Natural Light: With over 21 windows throughout, the home is exceptionally bright, creating a warm and inviting atmosphere in every room.
Corner Property Advantage: As an exceptional corner property, it typically benefits from increased privacy, better natural light exposure, and enhanced curb appeal.
Outdoor Living & Storage: Features a generous covered outdoor patio perfect for entertaining, expansive front and back yards, a two-car garage, and a large storage shed, catering to diverse lifestyle needs.
Investment & Renovation Potential: Described as having 'endless potential' and being a 'hidden gem,' it offers a significant opportunity for buyers to customize, modernize, and add substantial value.
Cons
Age and Required Updates: Built in 1953, the property likely requires significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet current market standards and buyer expectations.
Modest Interior Square Footage: At 1222 sqft for a 3-bedroom, 2-bathroom home, the interior living space is relatively modest, especially when considering the generous lot size.
Requires Significant Vision & Investment: The emphasis on 'potential' and 'hidden gem' suggests the property is not move-in ready for modern tastes and will require substantial financial and time investment for renovations to realize its full value.