
North Hollywood, California 91606
This property presents a High-Potential Investment Opportunity with a List Price of $825,825—positioned well below the $841,631 Fair Market Value by 2%. This valuation gap offers $15,806 in Instant Equity. With a Condition Rating of 5, the home requires significant rehab, yet the 8,787 sqft lot provides massive potential for expansion or an ADU. Located near top-rated schools like North Hollywood High, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking value-add projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12625 Archwood Street Subject | $825,825* List Price | 3 | 2 | 1,244 | $677 | - |
A 6549 Teesdale Avenue Sold | $795,000 | 3 | 1 | 1,199 | $663 | 0.2 mi |
B 6703 Morse Avenue Sold | $895,000 | 4 | 2 | 1,610 | $556 | 0.5 mi |
C 12415 Erwin Street Sold | $1,060,200 | 2 | 2 | 1,359 | $780 | 0.7 mi |
D 6040 Laurelgrove Avenue Sold | $825,000 | 2 | 1 | 1,055 | $782 | 0.9 mi |
E 6257 Alcove Avenue Sold | $810,000 | 3 | 2 | 981 | $826 | 0.6 mi |
F 6536 Teesdale Pending | $650,000 List Price | 2 | 1 | 981 | $663 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (77 years old) with no evidence of recent renovations in the listing data. The 'Sold Before Processing' status typically indicates a fixer-upper or investor-led sale. Based on age and the dated exterior appearance, the property likely has original or aged systems and interiors exceeding the 30-year threshold, requiring significant rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8787, living area = 1244.
The property was sold before processing and moved to 'Active Under Contract' within just one day, indicating extremely high demand and strong liquidity for this specific location and price point.
With a generous 8,787 square foot lot, the property offers significant outdoor space and provides ample opportunity for future expansion or the construction of an Accessory Dwelling Unit (ADU).
Originally constructed in 1947, the home likely requires updates to its major systems and interior finishes to meet modern standards and energy efficiency requirements.
The 1,244 square foot living area is relatively compact for a three-bedroom, two-bathroom home, which may result in smaller individual room sizes and limited common living space.
SOLD BEFORE PROCESSING
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,244 | 1,646.753 |
| Lot Size | 8,787 | 6,718.37 |
| Price | $825.8K | $963.6K |
| Price per sq ft | $664 | $634 |
| Built year | 1947 | 1949 |
| HOA | $0 | $155 |
| Days on market | 33 | 60 |
Aug 7, 2026
$825,825
Initial Listing