
North Hollywood, California 91602
This Toluca Lake Condominium represents a Strong Value Opportunity, listed at $565,000—positioned well below the $588,906 Fair Market Value by 4%. This valuation gap offers $23,906 in Instant Equity. While the unit maintains a Condition Rating of 4, its Oversized Private Patio and Utility-Inclusive HOA provide significant lifestyle benefits. Located near Top-Rated Schools like Theodore Roosevelt Elementary, this property is an ideal acquisition for Owner-Occupants seeking value or first-time buyers looking to enter a premium neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4445 Cartwright Avenue 110 Subject | $565,000* List Price | 2 | 2 | 1,337 | $440 | - |
A 10824 Bloomfield 108 Sold | $639,000 | 2 | 2 | 1,344 | $475 | 0.2 mi |
B 10926 Moorpark Street 13 Sold | $560,000 | 2 | 3 | 1,118 | $501 | 0.3 mi |
C 4400 Cartwright Avenue 203 Sold | $639,000 | 2 | 2 | 1,305 | $490 | 0.1 mi |
D 10700 Bloomfield Street 3 Sold | $625,000 | 2 | 3 | 1,259 | $496 | 0.2 mi |
E 10715 Camarillo Street 203 Sold | $717,000 | 2 | 3 | 1,390 | $516 | 0.5 mi |
F 4445 Cartwright Avenue 310 Active | $624,990 List Price | 2 | 2 | 1,410 | $443 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the unit is well-maintained but significantly dated. The kitchen features older wood cabinetry, white appliances, and a fluorescent light box, while the bathrooms show tile work and gold fixtures consistent with a 20-30 year old renovation. The presence of popcorn ceilings and older systems suggests the property needs cosmetic and functional updates to meet modern standards.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The unit features a rare, oversized private patio with French door access from both the living room and primary bedroom, offering a seamless indoor-outdoor living experience that is highly coveted in the Toluca Lake area.
The monthly association fee covers almost all essential utilities including electricity, gas, water, and trash, providing owners with predictable monthly expenses and simplified financial management.
At $832.46 per month, the association fee is relatively high, which may deter budget-conscious buyers or impact the maximum loan amount for those financing the purchase.
The two assigned parking spaces are in a tandem configuration, which is less convenient for multi-car households and can be a daily logistical challenge compared to side-by-side parking.
This spacious 2-bedroom, 2 bath North Hollywood/Toluca Lake-adjacent condo offers more than 1,300 square feet of single-level living, two gated parking spaces, and a huge private patio that feels like an extension of the home. For buyers looking for generous living space, a substantial private outdoor area, gated parking, a pool, and convenient location, this condo delivers it all. Toluca Lake shops, restaurants, and bars are just minutes away from the condo, as are Burbank's major studiios. The Universal City/Studio City Metro Station is approximately one mile from the property, making it easy to leave the car at home when you want to. The freshly painted condo is in the back of the building, making it quiet and free of street noise, while its ground-floor location and super size patio make indoor-out door living and entertaining easy. French doors from the living room open directly onto the patio, where there is ample space for an outdoor dining table, lounge chairs, and a play space for kids. Inside, the condo's spacious living room features a built-in bar, a dining area that comfortably seats six, and an open kitchen. The primary bedroom has its own slider opening to the patio, a large closet, and an en-suite bath with a large vanity, tub and shower. The second bedroom is large enough to accommodate a king or queen-sized bed, or two twins, and has a wide closet with abundant shelving and hanging space. The closet also holds a side-by-side washer and dryer. The second bathroom is in the hallway, with a large vanity, tile floors, and more storage. HOA dues include all utilities except Wi-Fi.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,337 | 1,127.25 |
| Lot Size | 36,694 | 79,254.563 |
| Price | $565.0K | $597.4K |
| Price per sq ft | $423 | $501 |
| Built year | 1963 | 1984 |
| HOA | $832.46 | $522 |
| Days on market | 8 | 69 |
Sep 1, 2026
$565,000
Initial Listing
Mar 30, 2004
$390,000
Public Record
Apr 30, 1999
$156,500
Public Record