
North Hollywood, California 91606
This Spacious Multi-Unit Residential Property is a High-Potential Investment Opportunity, listed at $1,550,000—positioned well below the $1,577,938 Fair Market Value by 1.77%. This valuation gap offers $27,938 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a modern interior remodel, a brand-new pool and spa, and significant income potential via an unfinished ADU and JADU. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey primary residence with supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6545 Kraft Avenue Subject | $1,550,000* List Price | 5 | 4 | 2,900 | $544 | - |
A 6429 Camellia Sold | $1,125,000 | 3 | 3 | 1,813 | $621 | 0.2 mi |
B 6449 Radford Avenue Sold | $1,250,000 | 4 | 5 | 2,406 | $520 | 0.7 mi |
C 6035 Case Sold | $1,150,000 | 4 | 3 | 1,807 | $636 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a high-end, modern interior remodel (less than 5 years old) with premium bathroom finishes, new large-format tile flooring, and updated recessed lighting. The backyard includes a brand-new pool and spa with fresh pavers. While the ADU/JADU is currently unfinished and the exterior stucco requires final patching, the primary living areas and core systems reflect a recent, high-quality renovation consistent with excellent condition.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The property features both an ADU and a JADU, providing a rare opportunity for substantial rental income or a flexible multi-generational living arrangement.
A newly finished backyard featuring a brand-new pool and spa offers a luxury outdoor retreat that is ready for immediate enjoyment.
The ADU and JADU are currently unfinished, requiring the buyer to invest additional capital and navigate the permitting and construction process to realize the full value.
Several of the closest assigned public schools have low performance ratings, which may be a deterrent for families prioritizing high-quality educational districts.
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 |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,900 | 1,646.753 |
| Lot Size | 7,142 | 6,718.37 |
| Price | $1.55M | $963.6K |
| Price per sq ft | $534 | $634 |
| Built year | 1940 | 1949 |
| HOA | $0 | $155 |
| Days on market | 26 | 60 |
Aug 14, 2026
$1,550,000
Initial Listing
Oct 21, 2020
$800,000
Public Record