
North Hollywood, California 91601
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $896,257 Fair Market Value (priced at market). While the home carries a Fair Condition Rating, it features extensive infrastructure upgrades, including a newer HVAC, 220-amp electrical panel, and updated plumbing. The 7,272 sqft lot offers significant ADU conversion potential to drive future appreciation. Located near the NoHo Arts District, this is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5835 Beck Avenue Subject | $899,000* List Price | 2 | 2 | 1,553 | $580 | - |
A 11017 Tiara Street Sold | $949,900 | 4 | 2 | 1,606 | $591 | 0.7 mi |
B 11318 Martha Active | $879,000 List Price | 2 | 2 | 1,590 | $553 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts significant recent upgrades to critical systems—including a newer HVAC, 220-amp electrical panel, copper/plastic plumbing, sewer line, and a 30-year roof—the interior aesthetics, kitchen, and bathrooms are heavily dated (exceeding 20 years since last cosmetic renovation). The listing explicitly identifies it as a renovation opportunity to add value, fitting the 'Fair' criteria of being functional but requiring updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7272, living area = 1553.
The property features significant recent capital improvements, including a newer HVAC system, 220-amp electrical panel, copper plumbing, a newer sewer line with a 6-foot liner, and a roof with a 30-year warranty.
With a generous 7,272 sqft lot and a detached 2-car garage, there is significant potential for an ADU conversion or expansion, providing a clear path for investors to increase equity and rental income.
The home is marketed as a fixer-upper with 'tons of potential,' implying that substantial interior cosmetic and functional updates are necessary to bring the property to modern standards.
At 1,553 square feet, the current 2-bedroom configuration may be seen as under-utilized space, potentially limiting appeal for larger families or buyers seeking a traditional 3-bedroom layout.
Excellent investment opportunity. TONS of potential for buyers looking to renovate and ADD VALUE to this great single-story home. This 2-bedroom 2 full bath. Features approximately 1,553 sq ft, a functional kitchen with a dishwasher, pull-out cabinets, a separate dining room, and an open living room. Also, a very large family room with a custom fireplace, lots of charm, plenty of windows and natural light, and a newer HVAC system, including a new air conditioner. Goodman, heating unit, heating pump, ducting, and finished attic. Nest Thermostat, and a newer 40-gallon water heater/flushed in 2024, a newer 220-amp electrical panel breaker and a new ground system. Upgraded Exhaust fan and ducting in main bath, a private back patio with an insulated patio cover, and 2 new ceiling fans with lights, upgraded electrical wiring, 30-year warranty on the roof and flashing, replaced all old galvanized pipes and plumbing with HD plastic and copper tubing, newer sewer line with 2 outside access from house to street city connection with 6' liner, and heavy duty piping. hydro jetter drain line, a recent sewer cleanup. The backyard has a pond and mature fruit trees, and a 2-car garage that may offer future expansion/possibilities for an ADU garage conversion; the buyer should verify with the city. This home is conveniently located near shopping, dining, and major commuter routes. Don't miss this rare opportunity to create your dream home or invest in a desirable, sought-after location, just a 20-minute walk from the NoHo Art District. Don't miss this rare opportunity to create your dream home or investment in a sought-after North Hollywood neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,553 | 1,646.753 |
| Lot Size | 7,272 | 6,718.37 |
| Price | $899.0K | $963.6K |
| Price per sq ft | $579 | $634 |
| Built year | 1939 | 1949 |
| HOA | $0 | $155 |
| Days on market | 78 | 60 |
Jul 22, 2026
$899,000
$1,150,000
-22% Price Drop
Initial Listing
Jun 23, 2026
$1,150,000
Initial Listing
Dec 21, 2001
$285,000
Public Record