6517 Bellaire Avenue, North Hollywood, California 91606, North Hollywood, 91606 - 6 bed, 5 bath
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North Hollywood, California 91606
This property presents a High-Potential Investment Opportunity with a List Price of $1,700,000—positioned well below the $1,736,025 Fair Market Value by 2%. This valuation gap offers $36,025 in Instant Equity. Featuring a Condition Rating of 2, the main residence is fully renovated, while the 1,026 sqft unfinished ADU provides significant value-add potential. With a spacious 5,499 sqft lot and proximity to top-rated schools like Burbank Boulevard Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6517 Bellaire Avenue Subject | $1,700,000* List Price | 6 | 5 | 3,151 | $551 | - |
A 6222 Babcock Active | $1,649,000 List Price | 4 | 3 | 2,590 | $637 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1942, the property has undergone a comprehensive, modern renovation within the last few years. It features a mint-condition galley kitchen with sleek countertops and new appliances, updated modern bathrooms, new laminate flooring, and recessed lighting. Systems are upgraded with central HVAC, a tankless water heater, and new electrical panels.
The property includes a substantial 1,026 sqft unfinished two-story ADU with 2 bedrooms and 2 bathrooms, offering a rare opportunity for high rental income or multi-generational living.
The main residence features contemporary finishes including laminate flooring, recessed lighting, central HVAC, and a remodeled galley kitchen with a walk-in pantry for enhanced functionality.
Set within a gated environment, the 2,125 sqft main home offers a generous floor plan with four large bedrooms and multiple living areas, providing both security and comfort for large families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3151, other record living area = 2125. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is marketed as 'awaiting final touches' with an unfinished ADU, meaning the buyer must budget for significant additional capital and time to complete the project.
At a $1.7M list price for a 5,499 sqft lot in North Hollywood, the property is priced at a premium, especially considering the immediate investment required for construction completion.
Discover a hidden gem in North Hollywood - an exceptional property awaiting its final touches. Nestled within a secure, gated environment, this inviting home boasts 4 bedrooms, 3 bathrooms, and an expansive 2,125 square feet of living space across two floors. The double door entry welcomes you inside to a world of comfort and style, where every detail has been carefully considered. The interior showcases laminate flooring, recessed lighting, plus central AC and heating ensure year-round comfort. Abundant storage space caters to all your organizational needs, making daily living a breeze. The main level features a well-appointed living room, a sophisticated formal dining room, and a cozy family room with a fireplace, creating the perfect setting for gatherings and cherished moments. The Galley kitchen boasts sleek countertops, skillfully crafted cabinets, and top-notch appliances, while a convenient walk-in pantry adds to its functionality. Modern design graces each of the bathrooms, complete with ample storage to keep your essentials neatly organized. All 4 bedrooms are generously proportioned and flooded with natural light, offering a serene and comfortable retreat. Set on a sizable 5,499 square feet lot. Additionally, an exciting opportunity awaits with an unfinished ADU unit on the premises. This two-story unit features 2 bedrooms, 2 bathrooms, and 1,026 square feet of potential living space, allowing you to customize and create your ideal additional dwelling. Convenience abounds as this remarkable property is ideally located in close proximity to parks, schools, various dining options, and easy access to the 170-Freeways, making daily commuting a breeze. Embrace the opportunity to put your personal touch on this North Hollywood treasure. With its secure setting, spacious layout, and exciting ADU potential, this property promises a lifestyle of comfort and versatility. Don't miss out on making this dream home a reality - seize the moment and explore this fantastic opportunity today!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,151 | 1,535.5 |
| Lot Size | 5,499 | 6,741 |
| Price | $1.70M | $991.7K |
| Price per sq ft | $540 | $629 |
| Built year | 1942 | 1947 |
| HOA | $0 | $0 |
| Days on market | 28 | 62 |
Jun 24, 2026
$1,700,000
Initial Listing
Nov 23, 2021
$775,000
Public Record
Aug 15, 2005
$665,000
Public Record