
North Hollywood, California 91607
This property presents a High-Potential Investment Opportunity with a List Price of $989,989—positioned well below the $948,680 Fair Market Value by -4%. Featuring a Condition Rating of 5, this asset requires a full rehab, including addressing unpermitted garage and bedroom conversions. The 6,051 Sq.Ft. lot and flexible layout provide significant upside for forced appreciation through strategic renovation. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors capable of navigating the property's current deferred maintenance and permitting requirements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5790 Bucknell Avenue Subject | $989,989* List Price | 3 | 2 | 1,341 | $707 | - |
A 12615 Califa Pending | $998,000 List Price | 3 | 2 | 1,363 | $732 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, this property is a classic 'diamond in the rough' requiring a full rehab. While some flooring appears updated, the kitchen and baths are dated, and the home features multiple unpermitted conversions (garage and third bedroom). The presence of window AC units suggests outdated or insufficient HVAC systems, fitting the criteria for a property needing significant renovation.
Situated in a highly desirable North Hollywood neighborhood (91607), this property offers strong long-term appreciation potential and proximity to key Valley amenities.
Described as a 'diamond in the rough' with solid bones, this home is an ideal opportunity for investors or flippers to renovate and capture substantial equity.
The property features a spacious lot with a converted garage and additional rooms, providing a flexible footprint for a creative studio, guest quarters, or expanded living area.
The third bedroom, additional bathroom, and garage conversion lack permits of record, which may complicate financing, appraisals, and future legal compliance.
The property is being sold in its current state with deferred maintenance, requiring a buyer prepared for significant renovation costs and immediate capital investment.
Endless Potential in North Hollywood! Calling all dreamers, & visionaries! This North Hollywood gem is bursting with potential and just waiting for the right touch to bring it to life. Beneath its humble exterior lies a solid home with great bones and endless possibilities. Featuring approximately 1,341 Sq.Ft. of living space on a 6,049 Sq.Ft. lot, this property offers a spacious layout with 3 bedrooms and 1.5 baths plus a converted third bedroom with added bath and walk-in closet (no permit of record). The cozy living room with a fireplace and charming dining area provide a warm canvas for your creative renovation ideas. The kitchen with a breakfast nook is ready for a modern refresh, while the covered patio, private yard, and storage shed offer space to expand or reimagine outdoor living. An attached 2-car garage has been converted into an additional room and bath (no permit of record), providing extra flexibility for guests, a studio, or potential rental income. Whether you’re looking to renovate, or rent, this property is truly a diamond in the rough in one of the Valley’s most desirable neighborhoods. With vision it will shine as a beautiful home. Selling in it's "AS-IS" Condition...
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,341 | 1,535.5 |
| Lot Size | 6,051 | 6,741 |
| Price | $990.0K | $991.7K |
| Price per sq ft | $738 | $629 |
| Built year | 1952 | 1947 |
| HOA | $0 | $0 |
| Days on market | 13 | 62 |
Jul 9, 2026
$989,989
Initial Listing