
North Hollywood, California 91601
This Turnkey Traditional with ADU represents a High-Potential Investment Opportunity, listed at $1,699,000—positioned well below the $1,777,831 Fair Market Value by 4%. This strategic pricing offers $78,831 in Instant Equity. The property maintains an Excellent Condition Rating, featuring a renovated kitchen, Park/Greenbelt views, and a permitted 2022 ADU. Located in the prestigious Toluca Woods within the Los Angeles Unified School District, it is a perfect match for Owner-Occupants or Multi-generational Families seeking lifestyle luxury and immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5009 Willowcrest Avenue Subject | $1,699,000* List Price | 4 | 4 | 2,709 | $627 | - |
A 4940 Arcola Avenue Sold | $1,360,000 | 3 | 4 | 2,046 | $665 | 0.5 mi |
B 10350 Mccormick Street Sold | $1,900,000 | 4 | 5 | 2,669 | $712 | 0.5 mi |
C 5759 Satsuma Avenue Sold | $1,315,000 | 3 | 2 | 1,776 | $740 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in turnkey condition, featuring a main house with a recently updated kitchen including stone slab counters and stainless appliances, alongside a fully permitted ADU completed in 2022. The home boasts high-quality modern systems such as central HVAC and tankless water heaters, complemented by hardwood flooring throughout and well-maintained traditional architectural details.
Moments from the buzz of studios and the conviviality of the shops and cafes of Toluca Lake and the NoHo Arts District sits the serene enclave of Toluca Woods. Here, on a quiet, tree-lined street in the heart of this leafy, breezy hamlet, find this fenced and gated 1930s-traditional home with a fully permitted ADU w/separate address. Enter the property beneath a towering Sycamore to find a verdant lawn framed by mature hedging and steps leading up to an East Coast-evoking mud room-style entry. Continue into a sun-drenched living room adorned with decorative beams and a red brick fireplace. Useful built-ins and handsome stained-glass windows abound in the formal dining room. Marrying old world charm with modern convenience, the kitchen has been recently updated with stone slab counters and stainless appliances while retaining another gorgeous stained-glass window from yesteryear. The option to dine al-fresco is ever apparent with French doors leading from the kitchen directly to a sizable, sunny patio. Back inside, the primary bedroom boasts an ensuite flex space that easily functions as an office, home gym, massive walk-in closet, or a 4th bedroom/nursery. Down the center hall, two additional well-sized bedrooms flank a hall bathroom with a deep soaking shower-tub combo, while through a hall closet discover a cavernous wood-paneled California basement offering copious storage space. At the rear of the residence lies a massive family room opening up to a multitude of outdoor entertaining spaces with string lights and a gas BBQ hookup -- an ideal setup for indoor-outdoor living. Beyond the rear terrace sits the newer ADU, completed in 2022 with permits and boasting a full kitchen with high-end appliances. With hardwood floors throughout, central HVAC, and tankless water heaters, this spacious abode is truly turnkey and ready for its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 4.0 | 2.0 | 73% |
| Square foot | 2,709 | 1,670 | 95% |
| Lot Size | 6,260 | 6,496 | 43% |
| Price | $1.70M | $1.12M | 80% |
| Price per sq ft | $627 | $729 | 27% |
| Built year | 1936 | 1941 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 183 | 11% |
Jan 26, 2026
$1,699,000
Initial Listing
Jul 16, 2018
$1,125,000
Public Record
Mar 11, 2015
$820,000
Public Record
Oct 12, 2005
$865,000
Public Record
Dec 21, 2004
$550,000
Public Record