6545 Kraft Avenue, North Hollywood, California 91606, North Hollywood, 91606 - 5 bed, 4 bath
Loading property details...
North Hollywood, California 91606
This Spacious Multi-Unit Residence is a Strong Value Opportunity, listed at $1,399,950—positioned well below the $1,504,829 Fair Market Value by 6%. This valuation gap offers $104,879 in Instant Equity. Featuring a Mint Condition Rating for the primary home, a Brand-New Pool and Spa, and significant income potential via the Unfinished ADU and JADU, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-end lifestyle with supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6545 Kraft Avenue Subject | $1,399,950* List Price | 5 | 4 | 2,900 | $519 | - |
A 6051 Colfax Avenue Sold | $1,500,000 | 6 | 4 | 2,697 | $556 | 0.8 mi |
B 6342 N Vicland Pl Sold | $1,235,000 | 4 | 2 | 2,388 | $517 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The primary residence has undergone a high-end remodel within the last 5 years, featuring modern bathrooms with designer tiling, new large-format flooring, and recessed lighting. The property also includes a brand-new pool and spa, meeting the criteria for mint condition despite the ongoing ADU construction.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The property features both an ADU and a JADU, offering a rare opportunity for substantial rental income or a flexible multi-generational living arrangement.
A newly finished backyard complete with a brand-new pool and spa provides an immediate luxury amenity for relaxation and high-end entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2900, other record living area = 2058. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The ADU and JADU are currently unfinished, requiring the buyer to navigate additional construction costs, permitting, and timelines to fully realize the property's value.
The property lacks any significant views, which may limit its appeal to buyers prioritizing a scenic or elevated atmosphere in the Los Angeles market.
Beautifully remodeled home with unfinished ADU, JADU and a newly finished back yard with brand new pool/spa. Full description coming soon.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 2,900 | 1,515 | 96% |
| Lot Size | 7,142 | 6,730 | 77% |
| Price | $1.40M | $892.5K | 91% |
| Price per sq ft | $483 | $636 | 13% |
| Built year | 1940 | 1947 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 182 | 4% |
May 12, 2026
$1,399,950
Initial Listing
Oct 21, 2020
$800,000
Public Record