
North Hollywood, California 91601
This Hybrid Residential Asset represents a Strong Value Opportunity, listed at $925,925—positioned well below the $1,032,346 Fair Market Value by 10%. This valuation gap provides $106,421 in Instant Equity. Featuring a Condition Rating of 4, the home offers immediate livability with significant upside through modernization. The large 7,205 sqft corner lot and pool provide excellent ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime North Hollywood location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5505 Clybourn Avenue Subject | $925,925* List Price | 2 | 1 | 1,110 | $930 | - |
A 5737 Denny Sold | $905,000 | 3 | 2 | 1,227 | $738 | 0.5 mi |
B 5516 Willowcrest Sold | $975,000 | 3 | 2 | 1,104 | $883 | 0.3 mi |
C 5754 Ensign Active | $675,000 List Price | 2 | 1 | 767 | $880 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the home is well-maintained but dated. The kitchen features older tile countertops and cabinetry that likely exceed the 20-year mark, despite newer stainless steel appliances. While the interior has been refreshed with recessed lighting and double-pane windows, the overall aesthetic and older roof-mounted HVAC system suggest the property is due for minor repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7205, living area = 1110.
The property features a sparkling pool and a large corner lot with a detached garage, providing an excellent foundation for a future ADU project.
Ideally situated on the Burbank border, the home offers immediate access to the Chandler Bike-way and features desirable hillside views.
With only two bedrooms and 1,110 square feet, the home's footprint may be too small for growing families or those needing a dedicated home office.
Built in 1948, the property may require updates to older systems and finishes to meet modern efficiency and aesthetic standards.
A Cheerful Corner-Lot with a Pool, Hillside Views & ADU Potential Light, bright, and filled with personality, this charming yellow-and-brown home brings a little extra sunshine to everyday living. Ideally situated in the 91601 North Hollywood area, directly across from Burbank, this home enjoys a desirable corner-lot with views toward the hills and easy access to the beloved Chandler Bike-way—perfect for morning walks, bike rides, exercise, and enjoying the neighborhood. Inside, the home offers a comfortable and welcoming open-concept flow between the living and dining areas. The living room features a cozy fireplace, creating a natural gathering space, hardwood flooring adds warmth and character throughout the main living areas. The adjacent tiled kitchen provides a practical connection to the dining space, with a separate laundry room adding convenience and functionality. The home features 2 bedrooms and 1½ baths, along with double-pane windows that bring in abundant natural light while enhancing comfort. A sliding glass door opens directly to the rear yard, creating an easy indoor-outdoor connection and making entertaining a breeze. Step outside and discover a backyard designed for enjoying the Southern California lifestyle. A sparkling pool provides the centerpiece for summer gatherings and relaxing afternoons, while two side yards offer additional outdoor space and flexibility. The detached garage adds even more potential, with one of the side-yard areas presenting an exciting opportunity for a future ADU project, subject to applicable city approvals and requirements. With its cheerful curb appeal, pool, corner-lot location, hill views, convenient access to the Chandler path, and possibilities for future expansion, this delightful North Hollywood home offers both immediate charm and exciting potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,110 | 1,646.753 |
| Lot Size | 7,205 | 6,718.37 |
| Price | $925.9K | $963.6K |
| Price per sq ft | $834 | $634 |
| Built year | 1948 | 1949 |
| HOA | $0 | $155 |
| Days on market | 28 | 60 |
Aug 12, 2026
$925,925
Initial Listing