6342 Morse Avenue 208, North Hollywood, California 91606, North Hollywood, 91606 - 2 bed, 2 bath
6342 Morse Avenue 208
North Hollywood, California 91606
Property Price
SUMMARY
Analysis of 6342 Morse Avenue 208, North Hollywood, California 91606 is currently available with a list price of $399,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1964 and sold 'as-is,' this property is explicitly marketed as a 'fixer-upper' with 'fix-and-flip' potential. The listing states it requires significant TLC and cosmetic updates, indicating that the kitchen, bathrooms, flooring, and fixtures are likely original or severely outdated (30+ years) and require a full rehabilitation to be competitive in the current market.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value Proposition
Priced competitively at $399,000, this unit offers an unbeatable entry point into the North Hollywood market, providing significant equity-building potential for investors and first-time buyers.
- Spacious Living Area
With 1,054 square feet of living space, this is the most expansive 2-bedroom floor plan currently available in the North Hollywood Terrace complex, offering a scale rarely seen at this price point.
- Prime Unit Features
The property includes two dedicated parking spaces and a private balcony with serene views of the community swimming pool, enhancing both convenience and lifestyle appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =278668, other record lot size in square feet = 278592.
- As-Is Condition
The property requires significant TLC and cosmetic updates, meaning buyers must budget for immediate renovation costs and the effort required to modernize the space.
- High Monthly Carrying Costs
The association fee of $605 per month is relatively high for the area and price bracket, which may impact the overall affordability and monthly budget for some purchasers.
About 6342 Morse Avenue 208
Welcome to your chance to own the most spacious 2-bedroom, 2-bathroom condo currently available in the desirable North Hollywood Terrace complex at an unbeatable price point. This 2-bedroom, 2-bathroom unit features two dedicated parking spaces and a private balcony with serene views of the community swimming pool. SOLD AS-IS PRICED FOR YOUR VISION. This property requires TLC and cosmetic updates, creating the perfect canvas for buyers ready to add value and personalize their space. IDEAL FOR: First-Time Homebuyers seeking an affordable entry into a great neighborhood or savvy Investors looking for fix-and-flip potential or rental income opportunities. Don't miss this rare combination of size, location, and value in The North Hollywood Terrace!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 278,668 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $605.0 / Month
Neighborhood Insights
North Hollywood Unified Schools
John B. Monlux Elementary School
Grades K-5 • 0.5 mi
Erwin Elementary School
Grades K-5 • 0.6 mi
Coldwater Canyon Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,054 | 942 | 57% |
| Lot Size | 278,668 | 102,176 | 71% |
| Price | $399.0K | $512.0K | 29% |
| Price per sq ft | $379 | $430 | 29% |
| Built year | 1964 | 1964 | 50% |
| HOA | $605.0 | $545 | 71% |
| Days on market | 5 | 184 | 14% |
Pricing History
Listed for Sale
Mar 1, 2026
$399,000
Initial Listing