
North Hollywood, California 91601
This North Hollywood townhome presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well below the $647,447 Fair Market Value by 3%. This valuation gap offers $22,447 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property requires comprehensive updates, making it a prime candidate for value-add strategies. With its End Unit privacy, private balconies, and versatile loft, this asset is ideal for Fix-and-Flip Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5719 Camellia Avenue 109 Subject | $625,000* List Price | 2 | 3 | 1,420 | $456 | - |
A 11124 Burbank Boulevard 311 Sold | $650,000 | 3 | 3 | 1,320 | $492 | 0.6 mi |
B 5016 Bakman Sold | $699,000 | 2 | 3 | 1,470 | $476 | 1.0 mi |
C 5016 Bakman Avenue 202 Sold | $690,000 | 2 | 3 | 1,440 | $479 | 1.0 mi |
D 5016 Bakman Avenue 401 Sold | $745,000 | 3 | 3 | 1,600 | $466 | 1.0 mi |
E 5016 Bakman Avenue 104 Active | $679,000 List Price | 2 | 3 | 1,350 | $503 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2006 (18 years old), the property is nearing the 20-year threshold with original finishes. The listing explicitly markets the home as a 'value-add project' that is 'ready for updating, top to bottom.' Visuals confirm dated bathroom vanities and significant staining/wear on exterior stucco and walkways, indicating a need for cosmetic and maintenance updates.
As an end unit, this townhome offers superior privacy with only one shared wall and increased natural light, complemented by high ceilings and a versatile loft that can be converted into a third bedroom.
Priced specifically to reflect its current condition, the property presents a significant equity-building opportunity for buyers or developers looking to customize finishes and modernize the space.
The property is ideally situated in the growing North Hollywood community with immediate access to the 170, 101, and 134 freeways, making it a prime location for commuters.
The home is being sold in a condition that requires comprehensive updating from top to bottom, which will necessitate immediate additional capital investment and project management.
The $475 monthly association fee represents a significant recurring expense that, when combined with renovation costs, may impact the overall affordability for budget-conscious buyers.
A wonderful NOHO Townhome End Unit Ready for Your Vision ! Priced out of the market? Eyeing your next value-add project? This one's built for you. 2 bed, 2.5 bath end unit. Loft (which some owners have reimagined into a 3rd bedroom). 1,420 square feet. High ceilings. Two private balconies. Direct access 2-car garage. As an end unit, you get more light and privacy, with just one shared wall. Priced for exactly what it is: a home ready for updating, top to bottom, on your terms. This is a rare chance to make every finish your own or simply move in a pick your project one at a time. That's what makes it work for two kinds of buyers. First-timers, building equity with every dollar they put in the finishes which are theirs to choose. Or developers who get an entry-priced value-add opportunity with room to make it their own. Location seals it. The 170, 101, and 134 all within reach. North Hollywood's momentum hasn't caught up to its pricing yet and this one won't stay priced this way long. Come see it. Picture it finished your way. Move into the NOHO community and see what all the fuss is about.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,420 | 1,127.25 |
| Lot Size | 11,254 | 79,254.563 |
| Price | $625.0K | $597.4K |
| Price per sq ft | $440 | $501 |
| Built year | 2006 | 1984 |
| HOA | $475.0 | $522 |
| Days on market | 31 | 69 |
Aug 25, 2026
$625,000
$649,000
-4% Price Drop
Initial Listing
Jul 9, 2026
$649,000
Initial Listing
Aug 13, 2007
$520,000
Public Record