
North Hollywood, California 91605
This Turnkey Hybrid Property is a Strong Value Opportunity, listed at $969,000—positioned well below the $980,745 Fair Market Value by 1%. Featuring an Excellent Condition Rating with a 2025 roof and a Permitted Detached ADU, this home offers significant income potential or multi-generational flexibility. The meticulously landscaped lot and modern interior finishes provide a premium lifestyle experience. This is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a move-in ready home with built-in equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12762 Willard Street Subject | $899,000* List Price | 3 | 2 | 1,426 | $655 | - |
A 7643 Westland Avenue Sold | $850,000 | 4 | 1 | 1,490 | $570 | 0.8 mi |
B 13069 Strathern Street Sold | $960,000 | 5 | 2 | 1,436 | $669 | 0.4 mi |
C 13321 Blythe Street Sold | $910,000 | 3 | 2 | 1,176 | $774 | 0.7 mi |
D 12629 Wixom Street Active | $925,000 List Price | 3 | 2 | 1,224 | $756 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the main structure dates to 1953, the property qualifies as excellent due to extensive recent renovations and system updates: a new roof (2025), updated electrical and sewer lines (2019), and a fully permitted detached ADU built in 2019. The interior features mint-condition hardwood floors, modern recessed lighting, and high-end finishes throughout both units.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7401, living area = 1426.
The property features a modern, permitted ADU built in 2019 with its own address and a proven track record as a 5-star Airbnb, offering significant rental income potential or multi-generational living flexibility.
Major capital improvements including a new roof (2025), updated electrical (2019), and an updated sewer line provide peace of mind and reduce the likelihood of immediate maintenance expenses.
The main three-bedroom residence is served by only a single bathroom, which may be a significant drawback for families or buyers accustomed to modern primary suites.
With a total of 1,426 square feet divided between the main house and the ADU, the individual rooms and common areas may feel constrained for buyers seeking more spacious interiors.
12762 Willard Street is the kind of home that feels special the moment you arrive. Tucked behind a welcoming green front lawn and a newly installed driveway, this warm and soulful North Hollywood property blends timeless charm with an effortless California indoor outdoor lifestyle. The 3-bedroom, 1 bath main residence features hardwood floors, abundant natural light, inviting living spaces, and sliding doors leading to a beautifully landscaped backyard retreat. Designed for both quiet mornings and relaxed entertaining, the backyard offers multiple seating and dining areas surrounded by mature drought tolerant landscaping, café lighting, fruit trees including orange, guava, avocado and pomegranate, plus a rosemary bush and drip irrigation system. With its west facing orientation, the backyard is perfectly positioned for gorgeous sunset skies and peaceful outdoor living. Adding exceptional versatility and value is the permitted detached ADU with its own separate address at 12764 Willard Street, built in 2019. The ADU features exposed beams, a full kitchen, dining area, sleeping space, separate bathroom, and French doors opening to a charming private patio and garden sitting area, the perfect spot for morning coffee or just relaxing outdoors. The current owner has successfully utilized the ADU as a highly rated 5-star Airbnb. Buyer to verify all current short term rental regulations and permitted uses. Additional seller stated improvements include a new roof in 2025, updated electrical in 2019, updated sewer line, and thoughtfully landscaped grounds with drip irrigation. Located on a peaceful street where neighbors walk their dogs, families enjoy evening strolls, and children play outside, this home offers a rare sense of warmth, character, and retreat like living in the heart of North Hollywood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,426 | 1,557 | 44% |
| Lot Size | 7,401 | 6,571 | 66% |
| Price | $899.0K | $865.0K | 58% |
| Price per sq ft | $630 | $571 | 69% |
| Built year | 1953 | 1954 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 162 | 2% |
Jun 3, 2026
$899,000
$969,000
-7% Price Drop
Initial Listing
May 16, 2026
$969,000
Initial Listing
Dec 7, 2010
$275,000
Public Record
Jul 6, 2007
$400,000
Public Record