6738 Coldwater Canyon, North Hollywood, California 91606, North Hollywood, 91606 - 4 bed, 2 bath
6738 Coldwater Canyon
North Hollywood, California 91606
Property Price
SUMMARY
Analysis of 6738 Coldwater Canyon, North Hollywood, California 91606 reveals a property with a current list price of $1,299,000, which is 13% above the estimated $1,129,868 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6738 Coldwater Canyon Subject | $1,299,000* List Price | 4 | 2 | 1,330 | $850 | - |
A 6251 Alcove Avenue Sold | $1,150,000 | 4 | 3 | 1,297 | $887 | 0.6 mi |
B 6556 Teesdale Avenue Sold | $916,000 | 3 | 3 | 1,272 | $720 | 0.4 mi |
C 6654 Bellaire Active | $949,000 List Price | 3 | 2 | 1,355 | $700 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1947, this property has undergone a comprehensive and recent renovation, with over $100,000 in improvements. The kitchen is brand new with modern white cabinetry, quartz countertops, and stainless steel appliances. New flooring, fresh paint, a newer HVAC system, and a newer roof contribute to an 'excellent' condition, making it virtually new inside and requiring minimal deferred maintenance. The property is move-in ready and meets current quality standards, especially with the added accessibility features for its intended use as an assisted living facility.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Assisted Living Facility
The property is fully upgraded and thoughtfully designed to meet RCFE standards, including partial furnishing and resident-focused customizations, making it a ready-to-go solution for care providers.
- Extensive Recent Upgrades
Over $100,000 has been invested in recent improvements, including new paint, flooring, a brand-new kitchen with modern cabinetry and stainless steel appliances, a newer HVAC system, and a newer roof, significantly reducing immediate capital expenses.
- Accessibility Features
Equipped with multiple accessibility enhancements such as wheelchair ramps throughout and grab bars in the full bath, crucial for an assisted living environment and ensuring compliance.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
With 4 bedrooms and designed for up to 6 residents, the 1.5 bathrooms (as specified in the description) could be insufficient and potentially inconvenient for multiple residents requiring assistance.
- Specialized Market Appeal
While ideal for RCFE operators, the property's specific design and upgrades for assisted living may limit its appeal to a broader residential buyer pool, potentially affecting resale value or market time if the RCFE use is discontinued.
- Age of Original Structure
Built in 1947, despite extensive recent upgrades, the underlying structure is older, which could lead to unforeseen maintenance issues not covered by the recent renovations in the long term.
About 6738 Coldwater Canyon
Exceptional opportunity to acquire a fully upgraded 4-bedroom, 1.5 bath single-family home operating as an assisted living facility (RCFE). With over $100,000 in recent improvements, this property is thoughtfully designed to meet boarding care standards and is ideal for housing up to 6 residents. Recent upgrades include fresh interior and exterior paint, new flooring throughout, brand-new fully equipped kitchen with modern cabinetry, quartz counter tops, and stainless steal appliances, a newer HVAC system, and a newer roof — offering peace of mind and minimal capital expenses for years to come. Each bedroom has been customized with resident comfort and compliance in mind, and the property comes partially furnished to comply with assisted living requirements—making it a truly turnkey solution for care providers. The home features multiple accessibility enhancements, including wheelchair ramps throughout, grab bar in the full bath. The spacious, gated front yard boasts beautiful landscaping, while the large backyard includes alley access — perfect for ambulance entry and emergency services.Whether you're an experienced operator or looking to enter the growing senior care market, this property is a ready-to-go solution in a high-demand sector.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 8,043 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
North Hollywood Unified Schools
Coldwater Canyon Elementary School
Grades K-5 • 0.1 mi
Bellingham Elementary School
Grades K-5 • 0.8 mi
John B. Monlux Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,479 | 39% |
| Lot Size | 8,043 | 6,740 | 93% |
| Price | $1.30M | $907.5K | 88% |
| Price per sq ft | $977 | $610 | 95% |
| Built year | 1947 | 1947 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 172 | 57% |
Pricing History
Listed for Sale
Sep 11, 2025
$1,299,000
Initial Listing