6703 Morse Avenue, North Hollywood, California 91606, North Hollywood, 91606 - 4 bed, 2 bath

6703 Morse Avenue, North Hollywood, California 91606 home-pic-0
ACTIVE$1,099,000$1,610/sqft
Est. Value: $1,136,548
3%
BelowEstimate
6703 Morse Avenue, North Hollywood, California 91606
4Beds
2Baths
1,610Sqft
7,201Lot

Price Vs. Estimate

The estimated value ($1,136,548.27) is $37,548.27 (3%) higher than the list price ($1,099,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7201, living area = 1610.
Top Cons:
Unpermitted Modifications: The partial garage conversion is unpermitted, which could lead to compliance issues or require buyer investment for legalization.

Compared to the nearby listings

Price:$1.10M vs avg $915.0K (+$184,000)74%
Size:1,610 sqft vs avg 1,465 sqft60%
Price/sqft:$683 vs avg $63466%

More Insights

Built in 1950 (76 years old).
Condition: The property, built in 1950, features significant recent upgrades to major systems like plumbing, HVAC, and water heaters, and one bathroom appears recently renovated with modern fixtures and stone tiling. However, the kitchen, while functional with updated stainless steel appliances and granite countertops, has a dated cabinet and backsplash style. The second bathroom is clearly outdated with older tiling, vanity, and shower enclosure. Furthermore, the listing explicitly mentions an 'unpermitted' partial garage conversion and is sold 'as-is,' indicating that substantial buyer investment will be required for updates, repairs, or legalization to meet current standards and preferences. This mix of newer systems and dated aesthetics, coupled with the 'as-is' condition and unpermitted work, places it in the 'Fair' category, requiring minor to moderate updates and repairs.
Year Built
1950
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$683
HOA
-
Days on market
-
Sold On
-
MLS number
BB26007385
Home ConditionFair
Features
Pool
Patio
View-

About this home

Looking for additional space or future rental potential? This property offers intriguing possibilities. The sellers previously obtained SB9 permits for an addition with a separate address at 6705 Morse Street (permit status unknown and may be expired), presenting a potential opportunity for extended family use or future income—buyers to verify. Charming single-story pool home, conveniently located near major freeways, Ventura Boulevard, Studio City, and the vibrant NOHO West shopping and dining destination. The home features a partial garage conversion (unpermitted) making it suitable for an office, studio, or flexible-use space, while still allowing for garage use and/or storage. The kitchen offers ample cabinetry and counter space and opens to a private backyard oasis with a pool and patio—ideal for relaxing or entertaining. Additional highlights include newer mainline plumbing, a newer 4-ton HVAC system, two newer tankless water heaters, and a large driveway providing generous parking. The property is further enhanced by a variety of mature fruit trees, including fig, tangerine, orange, lime, and lemon. This home provides an opportunity to customize and enhance to suit your vision. Property is sold as-is. Buyers are advised to independently verify all permits, including those related to the garage conversion and any SB9 approvals. Seller makes no representations or warranties regarding permit status; buyer to conduct all due diligence.

N
Nune Kajikyan
Listing Agent

Nearby schools

5/10
Coldwater Canyon Elementary School
Public,K-50.3mi
4/10
Kittridge Street Elementary School
Public,K-50.7mi
6/10
Erwin Elementary School
Public,K-50.8mi
6/10
John B. Monlux Elementary School
Public,K-50.9mi
5/10
Bellingham Elementary School
Public,K-51.1mi
5/10
Hazeltine Avenue Elementary School
Public,K-51.4mi
1/10
Andres And Maria Cardenas Elementary School
Public,K-51.4mi
3/10
Andres And Maria Cardenas Elementary School
Public,K-51.4mi
5/10
Victory Boulevard Elementary School
Public,K-51.5mi
5/10
Ranchito Avenue Elementary School
Public,K-51.9mi
7/10
Burbank Boulevard Elementary School
Public,K-51.9mi
3/10
Maurice Sendak Elementary School
Public,K-52.4mi
5/10
James Madison Middle School
Public,6-80.4mi
4/10
Roy Romer Middle School
Public,6-81.2mi
2/10
Van Nuys Middle School
Public,6-82.5mi
6/10
Walter Reed Middle School
Public,6-83.3mi
6/10
Ulysses S. Grant Senior High School
Public,9-121.0mi
6/10
Van Nuys Senior High School
Public,9-122.2mi
8/10
North Hollywood Senior High School
Public,9-122.5mi
Condition Rating
Fair

The property, built in 1950, features significant recent upgrades to major systems like plumbing, HVAC, and water heaters, and one bathroom appears recently renovated with modern fixtures and stone tiling. However, the kitchen, while functional with updated stainless steel appliances and granite countertops, has a dated cabinet and backsplash style. The second bathroom is clearly outdated with older tiling, vanity, and shower enclosure. Furthermore, the listing explicitly mentions an 'unpermitted' partial garage conversion and is sold 'as-is,' indicating that substantial buyer investment will be required for updates, repairs, or legalization to meet current standards and preferences. This mix of newer systems and dated aesthetics, coupled with the 'as-is' condition and unpermitted work, places it in the 'Fair' category, requiring minor to moderate updates and repairs.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7201, living area = 1610.
Prime Location: Conveniently situated near major freeways, Ventura Boulevard, Studio City, and the vibrant NOHO West shopping and dining destination.
Significant System Upgrades: Features newer mainline plumbing, a newer 4-ton HVAC system, and two newer tankless water heaters, reducing immediate maintenance concerns.
Private Backyard Oasis: Includes a refreshing pool and patio, creating an ideal space for relaxation and entertaining.
Development & Income Potential: Prior SB9 permits for an addition (buyers to verify status) suggest potential for an ADU, extended family use, or future rental income.
Ample Parking & Flexible Space: A large driveway offers generous parking, complemented by a partial garage conversion providing flexible-use space for an office or studio.

Cons

Unpermitted Modifications: The partial garage conversion is unpermitted, which could lead to compliance issues or require buyer investment for legalization.
As-Is Sale Condition: The property is sold in 'as-is' condition, placing the responsibility for any necessary repairs, upgrades, or code compliance entirely on the buyer.
Permit Verification Required: Buyers must conduct extensive due diligence to verify the status of all permits, including potentially expired SB9 permits and the unpermitted garage conversion, introducing uncertainty and potential costs.
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