
North Hollywood, California 91605
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $496,543 Fair Market Value by 2%. This valuation gap offers $11,543 in Instant Equity for buyers willing to execute a renovation plan. Featuring a Fair Condition Rating, the unit includes a double attached garage, two private balconies, and gated community pool access. This is a Fix-and-Flip Investor asset or a project for Owner-Occupants seeking to build value through sweat equity.
Property is extensive renovation needed.
Built in 1984 (40 years old) and explicitly marketed as a 'fixer,' the property shows significant wear including heavily stained/damaged carpeting and original 1980s kitchen and bathroom fixtures that require a full rehab to meet modern standards.
Priced below market value as a 'fixer,' this property offers significant equity growth potential for investors or buyers looking to customize a home to their specific tastes.
The 1,369 sqft floor plan includes a primary suite with a walk-in closet, two private balconies, a double attached garage, and access to a gated community pool.
Rare for multi-level townhomes, this unit features existing stair lifts providing access to both the garage and the second floor, offering immediate value for those with mobility needs.
Explicitly listed as a fixer-upper, the property will require a substantial additional investment of time and capital to address deferred maintenance and cosmetic updates.
The monthly association fee of $534 is relatively high for the area and complex size, which may impact the overall affordability and debt-to-income ratio for some buyers.
Great opportunity to purchase this fixer below market. This spacious unit features a Living Room with a gas fireplace, wet bar and slider to a balcony plus a Formal dining area off the living room. Kitchen has a newer gas range and microwave, dishwasher and refrigerator as well as a Breakfast area at the end of the kitchen. Upstairs you will find a Large Primary Suite with a walk-in closet, and a slider to a second balcony, there is also a large Ensuite Bathroom with double sinks. The second bedroom is also good-sized with ample closet space, and is adjacent to the large hall bath. There is also a half bath downstairs, and the door to the downstairs double attached garage. Both staircases (up to the second floor and down to the garage) have Stair Lifts (can be removed if not wanted). This smaller complex has 2 sister buildings with 6 units each. Security gated entry and a pool. This is a true fix and save. Don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,369 | 1,448 |
| Lot Size | 18,793 | 6,904 |
| Price | $470.0K | $756.1K |
| Price per sq ft | $343 | $485 |
| Built year | 1984 | 1998 |
| HOA | $534.0 | $285 |
| Days on market | 22 | 63 |
Jul 12, 2026
$470,000
$485,000
-3% Price Drop
Initial Listing
Jun 30, 2026
$485,000
Initial Listing
Nov 23, 1993
$119,000
Public Record