
North Hollywood, California 91016
This Entry-Level Residential Asset is listed at $810,000, with a $674,992 Fair Market Value. Following a substantial price reduction, the property offers a strategic entry point into the North Hollywood market. Holding a Condition Rating of 4, the home features refreshed living spaces but retains an original kitchen and utility area, presenting a clear value-add opportunity. The Fruit Tree-Adorned Backyard and Private Patio provide functional outdoor space near the Los Angeles Unified District and local schools. This is an ideal opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5754 Ensign Ave Subject | $810,000* List Price | 2 | 1 | 767 | $880 | - |
A 5407 Auckland Sold | $780,000 | 3 | 2 | 970 | $804 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, the home shows a mix of cosmetic updates and aged original features. While the living room and bedrooms have been refreshed with modern flooring, paint, and fixtures, the kitchen is significantly outdated with older tile countertops, basic appliances, and aged cabinetry. The bathroom has a modern vanity but the laundry area retains an old-fashioned utility sink, indicating the property has not undergone a full recent renovation.
The property is ideally situated near major shopping centers, public transportation, and a full range of schools (elementary through high school), offering excellent convenience for families and commuters.
The backyard features mature fruit trees and a dedicated entertaining area, providing a private and functional outdoor retreat that adds significant value to the urban lot.
Positioned as an ideal starter home, this property offers a rare and accessible entry point into the North Hollywood single-family residential market for first-time buyers.
With only 767 square feet of living space, the interior layout is quite small for a two-bedroom residence, which may limit its appeal to growing families.
The property has been on the market for over 160 days and required a substantial price reduction of $155,000, suggesting initial overpricing or potential buyer hesitation.
This is great home for a first time buyer featuring two bedrooms and one bathroom. The backyard is adorned with beautiful fruit trees, creating a delightful outdoor entertaining area Plus, it is conveniently located near shopping centers, transportation, restaurants. It is also near and elementary middle, and high schools. Adjacent to the kitchen is a washer/dryer area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 767 | 1,562 | 2% |
| Lot Size | 4,387 | 6,490 | 16% |
| Price | $810.0K | $1.07M | 11% |
| Price per sq ft | $1.1K | $735 | 98% |
| Built year | 1942 | 1941 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 172 | 184 | 42% |
Mar 31, 2026
$810,000
Initial Listing
Nov 1, 2025
$965,000
Initial Listing