7060 Morse Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 4 bed, 3 bath
ACTIVE$1,149,950
7060 Morse Avenue, North Hollywood, California 91605
4Beds
3Baths
2,059Sqft
7,343Lot
Price Vs. Estimate
The estimated value ($1,073,136.9) is $76,813.1 (6%) lower than the list price ($1,149,950). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential & Income Generation: The converted garage into a guest unit offers significant potential for an Accessory Dwelling Unit (ADU), providing a valuable opportunity for rental income or multi-generational living.
Top Cons:
Age of Construction: Built in 1955, the property, despite its updates, may have underlying infrastructure (e.g., plumbing, electrical) that could be original to its age and potentially require future maintenance or upgrades.
Compared to the nearby listings
Price:$1.15M vs avg $850.0K (+$299,950)86%
Size:2,059 sqft vs avg 1,580 sqft79%
Price/sqft:$558 vs avg $57540%
More Insights
Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone extensive and high-quality renovations, including a remodeled kitchen with stainless steel appliances and quartz countertops, and updated bathrooms with modern fixtures and tiling. The main living areas feature wood flooring, crown molding, and recessed lighting, making it move-in ready. While the guest unit's kitchenette and window AC are not as updated as the main house, the overall condition and recent major renovations align well with the 'Good' category, indicating a well-maintained home with no immediate renovation needs.
Year Built
1955
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$558
HOA
-
Days on market
-
Sold On
-
MLS number
SR25153997
Home ConditionGood
Features
Pool
Patio
View-
About this home
Located in a highly desirable North Hollywood neighborhood, this beautifully updated pool home has so much to offer. Features include 4 bedrooms, 3 bathrooms, a cozy living room with a fireplace that opens to the dining area, and a remodeled chef's kitchen with quartz countertops and stainless steel appliances. Enjoy updated bathrooms, wood flooring throughout, crown molding, and recessed lighting. Step outside to the entertainer’s backyard with a covered patio and a sparkling pool. The property is gated and features a circular driveway for added convenience and curb appeal. The garage has been converted into a guest unit, with potential for an ADU conversion to generate additional income (Buyer to verify).
Condition Rating
Good
Despite being built in 1955, this property has undergone extensive and high-quality renovations, including a remodeled kitchen with stainless steel appliances and quartz countertops, and updated bathrooms with modern fixtures and tiling. The main living areas feature wood flooring, crown molding, and recessed lighting, making it move-in ready. While the guest unit's kitchenette and window AC are not as updated as the main house, the overall condition and recent major renovations align well with the 'Good' category, indicating a well-maintained home with no immediate renovation needs.
Pros & Cons
Pros
ADU Potential & Income Generation: The converted garage into a guest unit offers significant potential for an Accessory Dwelling Unit (ADU), providing a valuable opportunity for rental income or multi-generational living.
Extensively Updated Interiors: The home boasts a beautifully remodeled chef's kitchen with quartz countertops and stainless steel appliances, updated bathrooms, wood flooring, crown molding, and recessed lighting, presenting a move-in ready condition.
Private Outdoor Oasis: An entertainer's backyard featuring a covered patio and a sparkling pool creates an ideal setting for relaxation, recreation, and hosting gatherings.
Prime North Hollywood Location: Located in a highly desirable North Hollywood neighborhood, the property benefits from strong community appeal and convenient access to local amenities.
Enhanced Curb Appeal & Security: The gated property with a circular driveway not only adds to its aesthetic appeal but also provides increased convenience and security.
Cons
Age of Construction: Built in 1955, the property, despite its updates, may have underlying infrastructure (e.g., plumbing, electrical) that could be original to its age and potentially require future maintenance or upgrades.
Absence of Scenic Views: The property explicitly states 'View: None,' which might be a consideration for buyers who prioritize scenic outlooks or panoramic vistas.
ADU Verification Required: While offering ADU potential, the 'Buyer to verify' clause implies that the full legality or permitting of the guest unit/ADU conversion is not guaranteed, potentially requiring additional buyer due diligence or investment.