5232 Irvine Avenue, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 3 bath
5232 Irvine Avenue
North Hollywood, California 91601
Property Price
SUMMARY
Analysis of 5232 Irvine Avenue, North Hollywood, California 91601 reveals a property with a current list price of $1,475,000, which is 47% above the estimated $1,000,246 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 5232 Irvine Avenue Subject | $1,475,000* List Price | 3 | 3 | 1,546 | $647 | - |
A 5310 Irvine Avenue Sold | $1,410,000 | 3 | 2 | 1,480 | $953 | 0.1 mi |
B 5638 Beck Avenue Sold | $1,053,000 | 3 | 2 | 1,418 | $743 | 0.5 mi |
C 11623 Otsego Street Sold | $1,370,000 | 2 | 2 | 1,825 | $751 | 0.2 mi |
D 11520 Albers Sold | $1,113,000 | 2 | 2 | 1,217 | $915 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive high-end renovation that includes updated plumbing and electrical systems. The interior features premium wide plank Hickory hardwood floors and a gourmet kitchen equipped with top-tier Dacor and Thermador appliances, custom Crown Point cabinetry, and granite countertops. Bathrooms are fully modernized with sleek tiling and high-end fixtures like clawfoot and spa tubs. The addition of a detached studio with a Wolf range further demonstrates that all components meet current luxury standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1546, other record living area = 1486.
About 5232 Irvine Avenue
Beautifully renovated classic traditional in the award-winning Colfax Charter School District. Soaring sky lit ceilings add grand volume with an open concept floor plan that flows with ease. Wide plank Hickory hardwood floors. Baths feature sleek tile, fine fixtures, clawfoot & spa tubs. The gorgeous kitchen is an open culinary dream for the home chef. Appointed with Dacor and Thermador appliances, granite counters, farmhouse sink, custom butcher block center island with prep sink, custom Crown Point cabinetry with fridge and freezer towers. French doors give way to a backyard oasis with mature fruit trees & swimmers pool framed by a stone patio & terrace. An ideal venue for poolside lounging & BBQs by day, cool al fresco dining & entertaining under the stars by night. Amenities include updated plumbing & electrical systems & a detached sky lit studio with en-suite bath & kitchen with Wolf range. Located close to major studios, Valley Village Park, the Amelia Earhart Library & the NoHo Arts District. This residence of timeless appeal offers lasting enjoyment for the fortunate new owners.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 6,872 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 | 53% |
| Square foot | 1,546 | 1,643 | 47% |
| Lot Size | 6,872 | 6,635 | 65% |
| Price | $1.48M | $1.11M | 72% |
| Price per sq ft | $954 | $724 | 95% |
| Built year | 1937 | 1941 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 163 | 2% |
Pricing History
Listed for Sale
Feb 19, 2026
$1,475,000
$1,535,000
-4% Price Drop
Initial Listing
Price Change
Jan 16, 2026
$1,535,000
Initial Listing
Sold
Jun 9, 2016
$944,500
Public Record