6832 Bellaire Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 2 bed, 1 bath
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North Hollywood, California 91605
This property presents a High-Potential Investment Opportunity with a List Price of $595,000—positioned well below the $569,297 Fair Market Value by -4%. While the property is currently priced above the estimated market value, the 6,750 sq. ft. lot and SB-9 zoning potential for up to 4 units provide significant long-term upside. With a Condition Rating of 6, this asset requires substantial renovation. It is an ideal acquisition for Buy-and-Hold Investors or Contractors focused on land development and density expansion in North Hollywood.
Property is land value only, full reconstruction required.
Built in 1948 (76 years old) with no evidence of recent renovations. The listing explicitly targets investors and contractors, describing the property as a 'fixer' and highlighting the 6,750 sq. ft. lot's potential for SB-9 lot splitting and multi-unit development, indicating the value is primarily in the land.
The property offers significant upside under SB-9, allowing for a potential lot split and the construction of up to four units, making it a prime target for investors and developers.
Situated on a generous 6,750 sq. ft. lot, the property provides ample space for structural additions, an ADU, or a complete residential redesign.
Located in a highly desirable North Hollywood neighborhood, the home is conveniently positioned near major shopping, dining, and entertainment hubs in the San Fernando Valley.
As a designated 'fixer,' the property requires substantial capital investment and construction expertise to address its current condition and modernize the space.
With only 904 sq. ft. of living space and a single bathroom, the current structure is undersized for modern family requirements without a significant expansion.
Calling all investors, contractors, and visionaries, this is a fantastic opportunity to transform a property with tremendous upside. Situated on an expansive 6,750 sq. ft. lot, this 2-bedroom, 1-bath home offers 904 sq. ft. of living space and exceptional potential. Whether you're looking for your next renovation project, investment property, or a chance to create your dream home, this fixer presents outstanding value. The spacious lot offers room for future enhancements or under SB-9 to split the lot and add up to 4 units, (buyer to verify). Convenient driveway parking is complemented by additional street parking for guests. Ideally located near shopping, dining, entertainment, and parks in one of the San Fernando Valley's most desirable and centrally located neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 904 | 1,535.5 |
| Lot Size | 6,750 | 6,741 |
| Price | $595.0K | $991.7K |
| Price per sq ft | $658 | $629 |
| Built year | 1948 | 1947 |
| HOA | $0 | $0 |
| Days on market | 9 | 62 |
Jul 13, 2026
$595,000
Initial Listing