7317 Tujunga Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 5 bed, 3 bath
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North Hollywood, California 91605
This Dual-Unit Income Property is a Strong Value Opportunity, listed at $1,100,000—positioned below the $1,110,854 Fair Market Value by 1%. This valuation provides $10,854 in Instant Equity. Boasting a Turnkey Condition Rating, the lot features a remodeled front home and a new ADU generating $6,890 in monthly income. With separate utility meters and a covered patio, the property offers financial stability near the NoHo Arts District. This is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7317 Tujunga Avenue Subject | $1,050,000* List Price | 5 | 3 | 1,915 | $566 | - |
A 7419 Kraft Sold | $800,000 | 3 | 2 | 1,326 | $603 | 0.1 mi |
B 7323 Camellia Avenue Active | $1,299,950 List Price | 5 | 3 | 2,220 | $586 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of a fully remodeled front home and a newly constructed detached ADU, effectively meeting the criteria for a recently renovated and newly built property. The interiors feature modern kitchens and bathrooms with updated appliances, contemporary light fixtures, and high-quality flooring throughout. With no deferred maintenance and all major systems recently updated or newly installed, the property is in turnkey condition.
The property generates a substantial $6,890 in monthly gross income from two units, offering an exceptional turnkey opportunity for investors seeking immediate cash flow.
Featuring a fully remodeled front home and a brand-new detached ADU, the property minimizes immediate capital expenditure requirements for maintenance or upgrades.
Equipped with separate gas and electrical meters for each unit, the configuration simplifies property management and reduces overhead costs for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1915, other record living area = 1215. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Both units are currently tenant-occupied, which may complicate immediate possession for owner-users or limit the ability to adjust rents to market rates instantly.
With two dwellings and a private yard for the ADU on a 6,506 sqft lot, the remaining outdoor space and parking for the main residence may feel constrained.
Price Reduced! | SFR + ADU | 5.6% Cap | 12.7 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained property featuring a fully remodeled front home and a newly built detached ADU, both currently tenant-occupied. The front home (7317 Tujunga Ave) offers 3 bedrooms and 2 bathrooms and is currently rented at $4,000 per month. The detached ADU (7315 Tujunga Ave) features 2 bedrooms and 1 bathroom and is leased at $2,890 per month. Total gross income is $6,890 per month ($82,680 annually). Both units have separate gas and electrical meters, providing flexibility and ease of management. The property is stabilized with in-place income, ideal for investors seeking a low-maintenance asset. At the current asking price, the property reflects approximately a 5.6% cap rate and 12.7 GRM. Buyer to verify all financial information.Conveniently located just minutes from the NoHo Arts District, NoHo West shopping center, Trader Joe's, Regal Cinemas, LA Fitness, Costco, Burbank Airport, major freeways, and public transportation, supporting strong rental demand throughout the San Fernando Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,915 | 1,514 | 75% |
| Lot Size | 6,506 | 6,669 | 49% |
| Price | $1.05M | $850.0K | 77% |
| Price per sq ft | $548 | $571 | 38% |
| Built year | 1947 | 1954 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 180 | 6% |
Apr 8, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Mar 11, 2026
$1,100,000
Initial Listing
Oct 26, 2022
$1,050,000
Public Record
Jan 28, 2022
$625,000
Public Record