
North Hollywood, California 91606
This Spacious North Hollywood Condominium is a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $600,000 Fair Market Value by 25%. This valuation gap offers $150,000 in Instant Equity for buyers. The residence maintains a Fair Condition Rating, featuring dramatic volume ceilings and an open-concept layout near the NoHo Arts District. With access to Theodore Roosevelt Elementary (9/10) and North Hollywood Senior High (8/10), this property perfectly balances financial upside with urban lifestyle. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is moderate renovation needed.
Built in 1982, this property is well-maintained and move-in ready but shows clear signs of being outdated in key areas. While the living spaces have been refreshed with wood-style laminate flooring and modern paint, the bathroom features original or older-style blue tile countertops, dated cabinetry, and 'Hollywood' bar lighting. The bedroom carpeting also shows some wear. Because the major systems like the kitchen and bathrooms have not undergone a full contemporary renovation within the last 15 years, it meets the criteria for a fair condition score.
Elementary School: Theodore Roosevelt Elementary School (9/10).
Priced at $450,000 with recent comparable units in the same building selling for up to $600,000, this property offers significant immediate equity and investment potential.
The 1,333 sqft interior features soaring ceilings and an open-concept layout that maximizes natural light, providing a spacious feel that exceeds standard condo expectations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16260, other record lot size in square feet = 16195. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property has been on the market for over 30 days and has already undergone a significant price reduction, which may lead to buyer concerns regarding its initial reception.
Constructed in 1982, the complex may lack the modern amenities of newer developments and could require higher long-term maintenance for aging communal infrastructure.
Welcome to this bright and modern 2-bed, 2-bath condo nestled in the desirable North Hollywood community. Boasting soaring ceilings and an open-concept design, this spacious residence offers a seamless blend of contemporary style and everyday comfort. This is a opportunity in the building, with the last two comparable units selling for $587K and $600K, highlighting the strong value and demand within the community. Step inside to an inviting living area filled with natural light that highlights the rich wood-style flooring and stylish finishes throughout. The living room features dramatic volume ceilings, an architectural focal wall, and direct access to outdoor space — perfect for relaxing or entertaining guests. Adjacent is a sleek dining area with designer lighting and room for a full-sized table. The kitchen presents clean lines, ample cabinetry, and plenty of countertop space, while the thoughtful layout flows effortlessly into the living and dining zones. The generous primary suite includes an ensuite bath, excellent closet space, and privacy from the main living areas. A second full bathroom serves guests and adds convenience. Additional features include in-unit laundry, two car security parking and plenty guest parking, with lots of storage. Ideally situated near dining, shops, Metro transit, and all that the NoHo Arts District has to offer — this condo is a rare opportunity in a vibrant, walkable neighborhood. Don’t miss your chance to own contemporary urban living in one of North Hollywood’s most sought-after locations!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,333 | 1,122 | 83% |
| Lot Size | 16,260 | 60,063.5 | 33% |
| Price | $450.0K | $513.5K | 33% |
| Price per sq ft | $338 | $421 | 17% |
| Built year | 1982 | 1973 | 67% |
| HOA | $450.0 | $488 | 33% |
| Days on market | 42 | 188 | 17% |
Mar 21, 2026
$450,000
$499,000
-10% Price Drop
Initial Listing
Mar 11, 2026
$499,000
Initial Listing
Dec 27, 2004
$255,900
Public Record
Dec 14, 1993
$75,000
Public Record