7323 Camellia Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 5 bed, 3 bath

7323 Camellia Avenue, North Hollywood, California 91605 home-pic-0
ACTIVE$1,399,000
7323 Camellia Avenue, North Hollywood, California 91605
5Beds
3Baths
2,220Sqft
6,750Lot
Year Built
1948
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
SR25031285
Home ConditionGood
Features
Good View: Neighborhood
Pool
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.40M(93th), sqft - 2220(80th), beds - 5(89th), baths - 3(69th).

Incredible opportunity to own THREE units on one lot in a desirable North Hollywood neighborhood! This beautifully updated pool home is ideal for investors or buyers looking to live in the main house while generating income from the ADU and Junior ADU. The main home offers 3 bedrooms and 1 bath, an open floor plan with a large living room that connects to the updated kitchen with quartz countertops and stainless steel appliances. Additional highlights include laminate flooring throughout, dual-pane windows, recessed lighting, a new central A/C system, a tankless water heater, fresh stucco, a new roof, and copper plumbing. Step outside to large entertainer's backyard with a pool and gazebo. The ADU and Junior ADU, each with separate addresses offer 1 bedroom and 1 bathroom, making them perfect for rental income or multi-generational living. Both units come fully equipped with kitchen appliances. This property also features a newly updated 400 AMP electrical panel, new sub-panels with breakers, and a large driveway accommodating up to five cars. There are also three separate mailboxes for added convenience. Located just minutes from the NoHo West Project, Camellia Elementary School, The Home Depot, Costco, the 5 and 170 freeways, and all the major shopping centers. Don't miss this rare opportunity before it's gone.

Condition Rating
Good

The property, built in 1948, has been significantly updated, including the kitchen with quartz countertops and stainless steel appliances, laminate flooring, dual-pane windows, new central A/C, tankless water heater, new roof, and copper plumbing. The electrical panel has also been updated. While not brand new, the extensive renovations bring it to a good condition, move-in ready state. The bathrooms appear updated as well. The ADU and Junior ADU also contribute to the overall good condition.
Pros & Cons

Pros

Income Potential: The property features a main house, an ADU, and a Junior ADU, providing multiple income streams for investors or the opportunity for multi-generational living.
Updated Features: The property has been recently updated with a new central A/C system, tankless water heater, fresh stucco, new roof, copper plumbing, and a remodeled kitchen, reducing immediate maintenance concerns.
Desirable Location: Located in a desirable North Hollywood neighborhood, the property is close to the NoHo West Project, schools, shopping centers, and major freeways, offering convenience and accessibility.

Cons

Lot Size: While the backyard is an entertainer's space, the lot size is relatively modest at 6,750 sqft, which may limit expansion possibilities.
Bathroom Count: The main house has 3 bedrooms but only 1 bathroom, which may be a drawback for some buyers.

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