
Valley Village, California 91607
This Spacious 1941 Rambler represents a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,163,243 Fair Market Value by 5%. This valuation gap offers $63,243 in Instant Equity for the next owner. With a Condition Rating of 4, the home features original period details and a large 9,452 sq ft lot with significant development potential. Located near top-rated schools like North Hollywood Senior High, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 Ben Avenue Subject | $1,100,000* List Price | 3 | 2 | 1,853 | $628 | - |
A 5445 Gentry Sold | $1,150,000 | 3 | 3 | 1,952 | $589 | 0.1 mi |
B 5438 Radford Avenue Sold | $1,100,000 | 3 | 3 | 1,732 | $635 | 0.1 mi |
C 11889 Tiara Street Sold | $1,100,000 | 3 | 2 | 1,666 | $660 | 0.7 mi |
D 12635 Cumpston Street Sold | $1,315,000 | 2 | 2 | 1,776 | $740 | 0.8 mi |
E 5512 Vantage Avenue Sold | $1,035,000 | 2 | 2 | 1,342 | $771 | 0.3 mi |
F 12005 Miranda Active Under Contract | $1,355,000 List Price | 3 | 3 | 1,847 | $734 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, the home is well-aged but functional. While the roof is approximately 15 years old and the kitchen has been previously updated with wood cabinetry, the interior remains dated with older wall heaters, worn carpeting in bedrooms, and original period details. It is move-in ready but requires cosmetic updates and system modernizations to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9452, living area = 1853.
The nearly 9,500 sq ft lot is exceptionally large for the area, providing significant opportunities for expansion, ADU construction, or creating a premier outdoor entertaining space.
This 1941 Rambler retains high-value period details, including original hardwood floors, a dramatic vaulted open-beam wood ceiling, and classic multi-pane windows that offer timeless appeal.
With a 1941 build date and a roof nearing the end of its typical lifespan (approx. 15 years old), buyers should anticipate potential costs for modernizing systems or structural maintenance.
The property lacks any significant views, which may limit its competitive edge compared to other hillside or elevated properties in the surrounding San Fernando Valley market.
Classic single-story Southern California Rambler offering 3 beds and 2 baths on an expansive nearly 9500 sq ft lot in Valley Village. Generous front yard and a covered patio offer wonderful potential to create an inviting welcome to the home. Built in 1941 and expanded through the years, the home retains an appealing collection of period details including hardwood floors, multi-pane windows, interior wood shutters, traditional paneled doors and a living room fireplace with brick accents. High quality roof installed approx. 15 years ago. Defined living and dining spaces provide comfortable proportions and abundant natural light, while the updated kitchen offers extensive wood cabinetry, generous work surfaces and convenient access to the rear of the home. A distinctive family room and bonus space with a dramatic vaulted open-beam wood ceiling creates an ideal opportunity for an office, studio, media room or additional gathering space. There are three generous bedrooms and two full baths, providing the option for flexible usage and space to house family, guests, or even a home office. The attached garage provides direct access and a dedicated laundry area. Out back, the side and rear yard areas provide a strong foundation for outdoor entertaining, recreation and future landscaping. The large lot also invites a buyer to explore possibilities for expanded development. Situated in an established Valley Village neighborhood with convenient access to local shopping and dining, the NoHo Arts District, Studio City, neighborhood recreation, transit and major commuter routes, this property presents a compelling opportunity to preserve its original character while creating a home tailored to the next owner's vision. Don’t miss out on this one.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,853 | 2,228.286 |
| Lot Size | 9,452 | 7,332.679 |
| Price | $1.10M | $1.63M |
| Price per sq ft | $594 | $798 |
| Built year | 1941 | 1960 |
| HOA | $0 | $192 |
| Days on market | 5 | 51 |
Sep 4, 2026
$1,100,000
Initial Listing