7133 Coldwater Canyon Avenue 14, North Hollywood, California 91605, North Hollywood, 91605 - 1 bed, 1 bath
ACTIVE$249,900
7133 Coldwater Canyon Avenue 14, North Hollywood, California 91605
1Bed
1Bath
650Sqft
80,106Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Community Amenities: The co-op offers a heated pool, gym, rec room, gated security with CCTV, and an on-site handyman, all covered by a reasonable HOA fee that also includes water, trash, and gardening.
Top Cons:
Co-op Ownership & Owner-Occupancy Restriction: As a co-op, it mandates owner-occupancy, significantly limiting the buyer pool (no investors) and potentially involving a more complex approval process and specialized financing compared to condominiums.
Compared to the nearby listings
Price:$249.9K vs avg $510.0K ($-260,100)20%
Size:650 sqft vs avg 940 sqft20%
Price/sqft:$384 vs avg $53320%
More Insights
Built in 1962 (63 years old).
Condition: Built in 1962, this property is over 60 years old. The listing explicitly states 'Amazing opportunity to renovate and build equity,' indicating that substantial repairs and rehabilitation are required. While no interior images are provided, the age of the building, the mention of included appliances (fridge, stove, range) without further detail, and the visible window AC units on the exterior suggest that the kitchen, bathroom, and major systems (electrical, plumbing, HVAC) are likely original or very outdated, requiring significant modernization to meet current standards and comfort.
Year Built
1962
Close
-
List price
$250K
Original List price
$270K
Price/Sqft
$384
HOA
$263
Days on market
-
Sold On
-
MLS number
25499213
Home ConditionPoor
Features
Pool
ViewCourtyard
About this home
Amazing opportunity to renovate and build equity. A must see! This charming co-op community offers, open living/dining combo in a quiet well maintained and organized community. Unit located at the back of the complex on the second floor and has no elevator. Great parking spot position and a view of the courtyard from your living room. Comes with fridge, stove, range, 1 assigned parking space, an option for an unassigned first come first serve parking if you have a second vehicle in your name. HOA fee includes Water, trash, gardening, access to the heated pool, gym , maintenance on the outside and some inside, rec room access, gated security with CCTV cameras and an on-site handy man. Centrally located near strip malls, shops, NOHO art district, L.A. Valley College and the 170 Fwy! Unit is available to see with 24 hour notice and an appointment with listing agent. Has to be OWNER OCCUPIED.
Condition Rating
Poor
Built in 1962, this property is over 60 years old. The listing explicitly states 'Amazing opportunity to renovate and build equity,' indicating that substantial repairs and rehabilitation are required. While no interior images are provided, the age of the building, the mention of included appliances (fridge, stove, range) without further detail, and the visible window AC units on the exterior suggest that the kitchen, bathroom, and major systems (electrical, plumbing, HVAC) are likely original or very outdated, requiring significant modernization to meet current standards and comfort.
Pros & Cons
Pros
Extensive Community Amenities: The co-op offers a heated pool, gym, rec room, gated security with CCTV, and an on-site handyman, all covered by a reasonable HOA fee that also includes water, trash, and gardening.
Strategic Urban Location: Centrally located near strip malls, shops, the NOHO Arts District, L.A. Valley College, and the 170 Fwy, providing excellent convenience and accessibility.
Equity Building Opportunity: Described as an 'amazing opportunity to renovate and build equity,' appealing to buyers looking to customize the unit and increase its future value.
Convenient Parking & Pleasant View: Includes one assigned parking space with an option for a second unassigned spot, complemented by a pleasant courtyard view from the living room.
Value Proposition with Inclusions: Benefits from a recent price reduction and includes essential kitchen appliances (fridge, stove, range), offering immediate utility for the buyer.
Cons
Co-op Ownership & Owner-Occupancy Restriction: As a co-op, it mandates owner-occupancy, significantly limiting the buyer pool (no investors) and potentially involving a more complex approval process and specialized financing compared to condominiums.
Second-Floor Unit Without Elevator: Located on the second floor of the complex without an elevator, which presents accessibility challenges for moving, daily errands, or individuals with mobility concerns.
Renovation Needed in Older Building: Built in 1962, the property requires renovation, indicating potential for outdated systems and additional investment beyond the purchase price to modernize the unit.