12827 Covello Street, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 3 bath
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North Hollywood, California 91605
This Spacious Value-Add Residence is listed at $950,000, aligning perfectly with its $950,000 Fair Market Value. Featuring a Condition Rating of 3, the home is equipped with a Solar Panel Array, Tankless Water Heater, and a Sparkling Pool and Spa. The 2-Car Detached Garage serves as a prime candidate for ADU Conversion, providing significant potential for rental income or multi-generational living. Located within the Los Angeles Unified School District, this property balances immediate move-in utility with long-term upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12827 Covello Street Subject | $920,000* List Price | 3 | 3 | 2,084 | $441 | - |
A 7700 Goodland Sold | $870,000 | 4 | 2 | 1,845 | $472 | 0.2 mi |
B 7020 Mary Ellen Avenue Sold | $945,000 | 4 | 3 | 1,987 | $476 | 0.8 mi |
C 7735 7733 Babcock Avenue Sold | $920,000 | 4 | 3 | 1,801 | $511 | 0.4 mi |
D 7875 Bellaire Avenue Sold | $755,000 | 3 | 2 | 1,404 | $538 | 0.4 mi |
E 7001 Ethel Avenue Sold | $1,180,000 | 4 | 4 | 2,142 | $551 | 0.8 mi |
F 7712 Alcove Avenue Active | $900,000 List Price | 3 | 2 | 1,586 | $567 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1958, this home is described as being in 'Move-In Condition' and features significant functional updates such as energy-efficient dual-pane windows, a large solar panel array, central air and heat, and a newer tankless water heater. The hardwood and tile flooring throughout appear well-maintained. While the kitchen and bathrooms are clean and fully functional, their style (e.g., tile countertops, older built-in oven, traditional light fixtures) is dated, suggesting a renovation approximately 15-30 years ago rather than a recent, full modernization. These areas do not require immediate repairs but would benefit from cosmetic updates. The major systems are within their expected lifespan, aligning with a 'Good' condition, despite the 'As is conditions' sale.
The property boasts energy-efficient dual-pane windows, a large solar panel array for reduced utility bills, central air and heat for year-round comfort, and a newer tankless water heater, providing significant cost savings and modern amenities.
The backyard features a sparkling pool with spa, a covered entertainer's patio, and privacy fencing. Additionally, the 2-car detached garage is highlighted as a great candidate for an Accessory Dwelling Unit (ADU) conversion, offering potential for rental income or extended family living.
With a flowing 2,084 sq ft open-concept floor plan in 'Move-In Condition,' the home offers recessed lighting, durable tile and hardwood flooring, a spacious living room with a wood-beamed ceiling, and a large entertainer's family room with a stone fireplace and direct pool access. It also includes a grand suite with a walk-in closet and private bathroom.
The property is explicitly sold in 'As is conditions,' which means the buyer assumes responsibility for any necessary repairs or upgrades, potentially incurring additional costs post-purchase.
The property description states '5 bedrooms,' while the provided data indicates '3 beds.' This inconsistency requires clarification and could be a point of confusion or disappointment for potential buyers if the actual bedroom count is lower than advertised.
Built in 1958, despite numerous updates, the property's underlying structure and some systems may still be original or older, potentially leading to unforeseen maintenance needs or requiring further modernization in the future.
This beautiful home is nestled on a sweeping corner lot in one of North Hollywood’s most sought-after neighborhoods, and its owner has priced it to sell. Here are just a few of its many other fine features. Lush landscaping, groomed shrubbery, and swaying palm trees enhance its eye-catching curb appeal. You’ll step into a flowing 2,084 square foot open-concept floor plan that is in “Move-In Condition” with recessed lighting and a combination of durable tile and hardwood flooring. The spacious living room has a wood-beamed ceiling and a gas-burning fireplace. A large entertainer's family room with floor-to-ceiling gas-burning stone fireplace and direct pool access flows seamlessly into the living room. The family's cook will truly appreciate the kitchen's recessed lighting, abundant cabinets, ample file counters with backsplash, gas cooktop, built-in appliances, and the convenience of the adjoining dining area. 5 bedrooms: The grand suite has a walk-in closet and private bathroom. A total of 2.5 bathrooms. Functionally located laundry area with large garden window. Energy-efficient dual-pane windows and a large solar panel array will help keep your utility bills low. Central air and heat for year-round comfort. Newer tankless water heater. You're going to appreciate and enjoy the backyard's privacy fencing, covered entertainer's patio, and sparkling pool with spa. 2-car detached garage: Great candidate for an ADU conversion. All of this is nestled on a large 6,251 square foot corner lot that's grocery stores, restaurants, shopping, and the 170 freeway. Call now for all the details and I'll gladly arrange a private tour. Its sell in "As is conditions". SELLER MOTIVATED.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,084 | 1,514 | 81% |
| Lot Size | 6,255 | 6,669 | 43% |
| Price | $920.0K | $850.0K | 64% |
| Price per sq ft | $441 | $571 | 11% |
| Built year | 1958 | 1954 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 181 | 68% |
Apr 8, 2026
$920,000
$925,000
-1% Price Drop
Initial Listing
Mar 18, 2026
$925,000
$950,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$950,000
$999,999
-5% Price Drop
Initial Listing
Jan 24, 2026
$999,999
$1,025,000
-2% Price Drop
Initial Listing
Nov 14, 2025
$1,025,000
$1,075,000
-5% Price Drop
Initial Listing
Oct 19, 2025
$1,075,000
$1,175,000
-9% Price Drop
Initial Listing
Sep 19, 2025
$1,175,000
Initial Listing