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12561 Willard Street, North Hollywood, California 91605, North Hollywood, 91605 - 4 bed, 2 bath

12561 Willard Street, North Hollywood, California 91605 home-pic-0
ACTIVE$874,900$1,600/sqft
Est. Value: $874,900
%
FairlyEstimate
12561 Willard Street, North Hollywood, California 91605
4Beds
2Baths
1,600Sqft
9,840Lot

Price Vs. Estimate

The estimated value ($874,900) is $0 (0%) lower than the list price ($874,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9840, living area = 1600.
Top Cons:
Extensive Renovation Required: The property is explicitly marketed as a 'blank canvas' needing 'future updates and modern touches,' indicating a substantial investment in renovation will be necessary to achieve contemporary standards.

Compared to the nearby listings

Price:$874.9K vs avg $850.0K (+$24,900)61%
Size:1,600 sqft vs avg 1,539.5 sqft57%
Price/sqft:$547 vs avg $58244%

More Insights

Built in 1954 (72 years old).
Condition: Built in 1954, this property is explicitly marketed as a 'blank canvas' requiring 'extensive renovation' and 'future updates and modern touches.' The kitchen is significantly dated with a 'classic tile backsplash' and older appliances (only a dishwasher visible, no fridge/range), necessitating a full overhaul. While some bathrooms and the ADU appear to have more recent updates, the overall age of the home and the condition of the main kitchen, coupled with the neglected exterior and landscaping, indicate that substantial repairs and rehabilitation are needed to bring the property to contemporary standards.
Year Built
1954
Close
-
List price
$875K
Original List price
$900K
Price/Sqft
$547
HOA
-
Days on market
-
Sold On
-
MLS number
SR25193819
Home ConditionPoor
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Welcome to 12561 Willard St, where a blank canvas awaits! This 4-bedroom, 2-bathroom home spans approximately 1,600 sq. ft. and sits on a generous lot in a wonderful cul-de-sac with two separate entries and beaming with tons of potential! The main home features a spacious living area with natural light and a versatile floor plan ready for your personal touch. A bonus room just off the entrance adds extra flexibility — perfect for a game room, office, or creative retreat. The kitchen offers plenty of cabinet space for storage along with a classic tile backsplash, setting the stage for your future updates and modern touches. Brand new water heater just installed. Outside, the expansive lot provides ample parking with two driveways, and a converted garage currently functions as an Accessory Dwelling Unit (ADU) with its own bath, offering excellent income potential or a private space for guests. With so much potential to renovate, or reimagine, this property is ideal for buyers, investors, or visionaries looking to create their dream home. Nestled in the heart of North Hollywood, you’ll enjoy close proximity to parks, schools, shopping, and dining, while still tucked away in a quiet neighborhood setting.

A
Alfredo Manzano
Listing Agent
Condition Rating
Poor
Built in 1954, this property is explicitly marketed as a 'blank canvas' requiring 'extensive renovation' and 'future updates and modern touches.' The kitchen is significantly dated with a 'classic tile backsplash' and older appliances (only a dishwasher visible, no fridge/range), necessitating a full overhaul. While some bathrooms and the ADU appear to have more recent updates, the overall age of the home and the condition of the main kitchen, coupled with the neglected exterior and landscaping, indicate that substantial repairs and rehabilitation are needed to bring the property to contemporary standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9840, living area = 1600.
Income-Generating ADU: The converted garage with its own bath functions as an Accessory Dwelling Unit (ADU), offering excellent income potential or a private space for guests.
Expansive Lot & Ample Parking: The generous 9,840 sq. ft. lot provides significant outdoor space and features two driveways, ensuring ample parking availability.
Desirable Cul-de-Sac Location: Nestled in a wonderful cul-de-sac in the heart of North Hollywood, the property offers a quiet neighborhood setting with close proximity to parks, schools, shopping, and dining.
Significant Renovation Potential: Described as a 'blank canvas' with 'tons of potential' and a 'versatile floor plan,' this property is ideal for buyers, investors, or visionaries looking to customize and add substantial value.
Versatile Bonus Room: A bonus room just off the entrance adds extra flexibility, perfect for a game room, home office, or creative retreat, enhancing the property's functional appeal.

Cons

Extensive Renovation Required: The property is explicitly marketed as a 'blank canvas' needing 'future updates and modern touches,' indicating a substantial investment in renovation will be necessary to achieve contemporary standards.
Dated Interior Finishes: The kitchen, with its 'classic tile backsplash,' is noted as needing 'future updates and modern touches,' suggesting that many interior finishes throughout the home are likely outdated.
Older Home Infrastructure: Built in 1954, the property's age implies that while a new water heater is installed, other core systems and infrastructure may be original and could require significant upgrades or maintenance in the near future.
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