12540 Barbara Ann Street, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 2 bath
ACTIVE$1,098,000$1,671/sqft
Est. Value: $955,553
-12%
AboveEstimate
12540 Barbara Ann Street, North Hollywood, California 91605
3Beds
2Baths
1,671Sqft
5,701Lot
Price Vs. Estimate
The estimated value ($955,552.91) is $142,447.09 (12%) lower than the list price ($1,098,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating ADU: The property includes a newly built Accessory Dwelling Unit (ADU) with its own address and utilities, offering significant potential for rental income or multi-generational living.
Top Cons:
Lack of Garage: The property explicitly states 'No garage,' which can be a significant drawback for buyers prioritizing covered parking or additional storage.
Compared to the nearby listings
Price:$1.10M vs avg $850.0K (+$248,000)87%
Size:1,671 sqft vs avg 1,539.5 sqft65%
Price/sqft:$657 vs avg $60061%
More Insights
Built in 1953 (73 years old).
Condition: The property features a newly built ADU with an all-new kitchen and modern finishes, which is in excellent condition. The main house, built in 1953, has undergone significant renovations, particularly in the kitchen and bathroom. The main kitchen boasts modern white shaker cabinets, stainless steel appliances, and recessed lighting, while the bathroom features a contemporary vanity and tiled shower. Although the main house's original structure is older, these substantial updates, combined with the brand-new ADU, make the property move-in ready and well-maintained, aligning with a 'Good' condition score.
Year Built
1953
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$657
HOA
-
Days on market
-
Sold On
-
MLS number
CV25219046
Home ConditionGood
Features
Patio
View-
About this home
NORTH HOLLYWOOD HOME ALONG WITH ADU - This is an exceptional home that is well kept inside and outside, spacious interior with 3 bedrooms, fireplace and beautiful kitchen. A PLUS IS THE ADU that is behind the home, with its own address and utitlities. The newly built ADU has little over 500 square feet, with one bedroom, all new kitchen, family area and laundry room..Ample parking space for both homes. Come and take a look at this property, great property for a large family or if you just want a family member, friend or just to rent it out. No garage but ample parking that will accomodate both homes.
W
Wilfredo Paguio
Listing Agent
Condition Rating
Good
The property features a newly built ADU with an all-new kitchen and modern finishes, which is in excellent condition. The main house, built in 1953, has undergone significant renovations, particularly in the kitchen and bathroom. The main kitchen boasts modern white shaker cabinets, stainless steel appliances, and recessed lighting, while the bathroom features a contemporary vanity and tiled shower. Although the main house's original structure is older, these substantial updates, combined with the brand-new ADU, make the property move-in ready and well-maintained, aligning with a 'Good' condition score.
Pros & Cons
Pros
Income-Generating ADU: The property includes a newly built Accessory Dwelling Unit (ADU) with its own address and utilities, offering significant potential for rental income or multi-generational living.
Versatile Living Arrangement: The presence of an ADU provides exceptional flexibility, accommodating large families, extended family members, or generating additional revenue through rental.
Well-Maintained Condition: The main home is described as 'well kept inside and outside,' suggesting a property that has been cared for and may require fewer immediate repairs.
Ample Off-Street Parking: Despite the absence of a garage, the property offers ample parking space designed to accommodate vehicles for both the main house and the ADU.
Updated Main Kitchen: The main house features a 'beautiful kitchen,' indicating a modern and appealing space for cooking and entertaining.
Cons
Lack of Garage: The property explicitly states 'No garage,' which can be a significant drawback for buyers prioritizing covered parking or additional storage.
Overpriced Relative to Market Estimate: The current listing price is approximately 8% higher than the estimated property value, which may require strong justification or negotiation.
Age of Main Structure: Built in 1953, the main house is over 70 years old, potentially indicating older systems (plumbing, electrical, HVAC) that may require future updates or maintenance, despite being well-kept.