7418 Farmdale Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 5 bed, 3 bath

ACTIVE$1,115,000
7418 Farmdale Avenue, North Hollywood, California 91605
5Beds
3Baths
1,785Sqft
6,753Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: As a duplex, the property offers immediate income-generating potential, appealing to investors or owner-occupants looking to offset mortgage costs.
Top Cons:
Year Built: Built in 1944, the property may require updates or renovations to meet modern standards and preferences.
Compared to the nearby listings
Price:$1.11M vs avg $1.24M ($-123,000)33%
Size:1,785 sqft vs avg 1,785 sqft50%
Price/sqft:$625 vs avg $62550%
More Insights
Built in 1944 (81 years old).
Condition: The property was built in 1944, which is over 20 years ago. Without interior images or details about renovations, it's difficult to assess the exact condition of the kitchen and bathrooms. However, given the age, it's likely that the property requires some updates or repairs to bring it up to modern standards. The description does not mention any recent renovations. Therefore, a 'Fair' rating is appropriate.
Year Built
1944
Close
-
List price
$1.11M
Original List price
$1.11M
Price/Sqft
$625
HOA
-
Days on market
-
Sold On
-
MLS number
BB24255007
Home ConditionFair
Features
View-
About this home
Welcome to 7418-7420 Farmdale Avenue, a fantastic opportunity in North Hollywood, CA.
Condition Rating
Fair
The property was built in 1944, which is over 20 years ago. Without interior images or details about renovations, it's difficult to assess the exact condition of the kitchen and bathrooms. However, given the age, it's likely that the property requires some updates or repairs to bring it up to modern standards. The description does not mention any recent renovations. Therefore, a 'Fair' rating is appropriate.
Pros & Cons
Pros
Income Potential: As a duplex, the property offers immediate income-generating potential, appealing to investors or owner-occupants looking to offset mortgage costs.
Lot Size: The generous 6,753 sqft lot provides ample outdoor space and potential for future expansion or development.
Location: Located in North Hollywood, the property benefits from proximity to entertainment, dining, and transportation options.
Cons
Year Built: Built in 1944, the property may require updates or renovations to meet modern standards and preferences.
Unknown Condition: The listing lacks specific details about the property's condition, potentially requiring further inspection and possible repairs.