
North Hollywood, California 91606
This Dual-Unit Income Property represents a High-Potential Investment Opportunity, listed at $1,199,000—positioned well below the $1,244,400 Fair Market Value by 3%. This valuation gap offers $45,400 in Instant Equity. Featuring a fully remodeled 3-bedroom main house and a brand-new, permitted 2-bedroom ADU, the property maintains a Mint Condition Rating. With a large lot offering future development potential and proximity to top-rated schools like Theodore Roosevelt Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Property is new construction or fully renovated.
The property has undergone a complete, high-end renovation within the last year, featuring a brand-new kitchen with quartz countertops, updated bathrooms, and new flooring throughout. Major systems have been modernized including a new roof and copper plumbing, and the lot includes a brand-new permitted ADU, meeting the criteria for mint condition with no maintenance required.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The property features a fully remodeled 3-bedroom main house and a brand-new, permitted 2-bedroom ADU, offering immediate rental income opportunities or flexible multi-generational living.
Both units have undergone extensive renovations including new roofing, copper plumbing, and modern kitchens and baths, ensuring a move-in ready experience with minimal immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2139, other record living area = 1206.
The property was recently sold within the past year on 2025-09-26. The sold price is $690,000.00. The property was recently sold within the past year on 2025-09-25. The sold price is $670,000.00.
The property has been on the market for 53 days and has already undergone a price reduction, which may indicate initial overpricing or lower-than-expected buyer demand in the current market.
THIS IS THE ONE!!!!!Realtors your clients will really thank you for showing this, gorgeous homes, two on the lot, main house is a 3-bedroom 2 bath aprox 1206 sq completely remodeled, everything is brand new. New roof, copper plumbing, new kitchen and baths, new flooring nice master bedroom with its own bath, a must see, Back unit 2-bedroom ADU, completely brand new all done with permits, gated for complete privacy, long driveway you can park many cars huge back yard you can actually build 2 more. To many features to mention, only minutes to Burbank Airport, easy access to the 170 and 134 Freeways. A must see!!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,139 | 3,700 |
| Lot Size | 6,730 | 16,477 |
| Price | $1.20M | $1.09M |
| Price per sq ft | $561 | $419 |
| Built year | 1947 | 1939 |
| HOA | $0 | $0 |
| Days on market | 69 | 103 |
Jun 11, 2026
$1,199,000
$1,244,400
-4% Price Drop
Initial Listing
May 14, 2026
$1,244,400
Initial Listing
Sep 26, 2025
$690,000
Public Record
Sep 25, 2025
$670,000
Public Record
Sep 2, 2004
$425,000
Public Record
Feb 23, 1996
$138,500
Public Record