5261 Harmony Avenue, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath
5261 Harmony Avenue
North Hollywood, California 91601
Property Price
SUMMARY
Analysis of 5261 Harmony Avenue, North Hollywood, California 91601 is currently available with a list price of $3,750,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2023, making it brand new construction. The images and description confirm high-end finishes, new stainless steel appliances in the kitchen, sleek cabinetry, elegant countertops, and designer bathroom tiles. All components are new, meeting current quality standards with no visible wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2023, this property offers the peace of mind, modern design, high-end finishes, and minimal immediate maintenance associated with new construction.
- Multi-Unit Income Potential
Comprising 5 contemporary units (1 standalone, 2 duplexes), this property presents a significant opportunity for rental income and investment diversification.
- Prime Location & Walkability
Situated in the desirable Toluca Lake area, near the vibrant NoHo Arts District, with an excellent Walk Score of 85, ensuring convenient access to shops, restaurants, entertainment, and public transportation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6901, other record lot size in square feet = 7509. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5918, other record living area = 1095.
- Property Type Discrepancy
The listing's 'sub_type' as 'Single Family Residence' contradicts the description of '5-unit apartments,' which could lead to confusion or complications with financing, zoning, or buyer expectations.
- Lack of Detailed Unit Information
For a multi-unit investment property, the description lacks specific details such as the number of bedrooms/bathrooms per unit, individual unit square footage, or current/projected rental income, which are crucial for investor evaluation.
About 5261 Harmony Avenue
NOHO NEWER CONSTRUCTION! Introducing a stunning brand newer construction in the desirable neighborhood of Toluca Lake, just a short distance from the vibrant NoHo Arts District. This contemporary 5-unit apartments offers an incredible opportunity for those seeking a modern living experience with convenient access to amenities. Boasting a walk score of 85, this prime location ensures easy access to nearby shops, restaurants, entertainment venues, and public transportation, making it a walker's paradise. Each unit features inviting and spacious floor plan, complemented by high-end finishes and contemporary features. The kitchens are equipped with stainless steel appliances, sleek cabinetry, and elegant countertops. Additional amenities include 10 parking spaces, in-unit washer & dryer hookups, balcony, designer bathroom tiles, and the peace of mind that comes with a brand new construction. The first unit is a standalone unit, with 2 duplexes in the back. Don't miss this incredible opportunity to own a brand new construction in Toluca Lake, just a short distance from the NoHo Arts District. Embrace a modern lifestyle surrounded by artistic inspiration and urban conveniences. Located in Opportunity Zone.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 6,901 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | 2% |
| Baths | - | 2.0 | 2% |
| Square foot | 5,918 | 1,734 | 98% |
| Lot Size | 6,901 | 6,635 | 65% |
| Price | $3.75M | $1.11M | 98% |
| Price per sq ft | $634 | $723 | 33% |
| Built year | 2023 | 1941 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 163 | 7% |
Pricing History
Listed for Sale
Jan 7, 2026
$3,750,000
Initial Listing
Sold
Feb 19, 2021
$1,160,000
Public Record
Sold
Apr 26, 2018
$650,000
Public Record
Sold
Oct 28, 2016
$730,000
Public Record