12827 Covello Street, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 3 bath
12827 Covello Street
North Hollywood, California 91605
Property Price
SUMMARY
Analysis of 12827 Covello Street, North Hollywood, California 91605 reveals a Fairly Priced Property with a current list price of $950,000 aligned with the estimated $950,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12827 Covello Street Subject | $950,000* List Price | 3 | 3 | 2,084 | $456 | - |
A 7700 Goodland Sold | $870,000 | 4 | 2 | 1,845 | $472 | 0.2 mi |
B 7117 Vanscoy Avenue Sold | $990,000 | 3 | 2 | 1,920 | $516 | 0.7 mi |
C 7020 Mary Ellen Avenue Sold | $945,000 | 4 | 3 | 1,987 | $476 | 0.8 mi |
D 7735 7733 Babcock Avenue Sold | $920,000 | 4 | 3 | 1,801 | $511 | 0.4 mi |
E 7001 Ethel Avenue Sold | $1,180,000 | 4 | 4 | 2,142 | $551 | 0.8 mi |
F 12643 Elkwood Street Active | $1,150,000 List Price | 4 | 3 | 2,293 | $502 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modern Systems
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.
- Outdoor Living & ADU Potential
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.
- Spacious & Updated Interior
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.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
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.
- Bedroom Count Discrepancy
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.
- Original Construction Age
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.
About 12827 Covello Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,255 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,084 | 1,514 | 85% |
| Lot Size | 6,255 | 6,764 | 32% |
| Price | $950.0K | $850.0K | 69% |
| Price per sq ft | $456 | $603 | 8% |
| Built year | 1958 | 1954 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 168 | 175 | 47% |
Pricing History
Listed for Sale
Mar 4, 2026
$950,000
$999,999
-5% Price Drop
Initial Listing
Price Change
Jan 24, 2026
$999,999
$1,025,000
-2% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$1,025,000
$1,075,000
-5% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$1,075,000
$1,175,000
-9% Price Drop
Initial Listing
Price Change
Sep 19, 2025
$1,175,000
Initial Listing