
North Hollywood, California 91605
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $761,632 Fair Market Value by -5%. Featuring a 6/10 Condition Rating, the existing structure requires significant rehabilitation or a complete rebuild. The 6,999 sqft lot provides substantial development potential for expansion or ADU integration in a high-demand area. This asset is best suited for Fix-and-Flip Investors or Developers capable of executing a major value-add project to maximize long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13046 Ebell Subject | $800,000* List Price | 3 | 2 | 1,957 | $389 | - |
A 7929 Nagle Avenue Active | $875,000 List Price | 4 | 3 | 2,660 | $329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1968 (58 years old) with no recorded renovations. The listing explicitly identifies this as a developer opportunity best suited for redevelopment or a complete rebuild, indicating the value is primarily in the land.
The property is marketed as a rare value-add or redevelopment opportunity, ideal for investors looking to rebuild or execute a major renovation in a high-demand area.
Situated in North Hollywood, the property benefits from a central location with strong market demand, providing excellent long-term appreciation and resale potential.
With a lot size of nearly 7,000 square feet, there is ample space for expansion, landscaping, or the potential addition of an Accessory Dwelling Unit (ADU) to maximize ROI.
The property is being sold in 'as-is' condition and requires extensive repairs or a complete rebuild, which will likely limit financing options to cash or hard money loans.
With a list price of $800,000 for a property requiring total rehabilitation, the high entry cost may tighten profit margins for developers after accounting for substantial construction expenses.
Investor/Developer Opportunity in Prime North Hollywood. Property is being sold AS-IS and presents a rare value-add opportunity. Existing improvements require significant renovation and may be best suited for redevelopment, or a complete rebuild.
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 | 1,957 | 1,600 | 77% |
| Lot Size | 6,999 | 6,473 | 63% |
| Price | $800.0K | $850.0K | 35% |
| Price per sq ft | $409 | $571 | 9% |
| Built year | 1968 | 1954 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 159 | 2% |
Jun 1, 2026
$800,000
Initial Listing