
North Hollywood, California 91605
This Strong Value Opportunity is a versatile Single Family Residence listed at $999,000, positioned well below the $1,045,931 Fair Market Value by 4%. This valuation gap provides $46,931 in Instant Equity. Featuring a Mint Condition Rating with a fully permitted 409 sqft ADU, the property offers high-end finishes, including quartz countertops and new HVAC. This dual-living asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a turnkey home with mortgage-offsetting potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7426 Lemp Avenue Subject | $999,000* List Price | 4 | 3 | 1,856 | $564 | - |
A 7641 Beck Avenue Sold | $1,090,000 | 5 | 3 | 1,849 | $590 | 0.3 mi |
B 7825 Simpson Avenue Sold | $1,275,000 | 6 | 4 | 2,100 | $607 | 0.6 mi |
C 7615 Ani Sold | $870,000 | 4 | 3 | 1,942 | $448 | 0.8 mi |
D 7317 Tujunga Avenue Active | $999,000 List Price | 5 | 3 | 1,915 | $522 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (less than 5 years) including a modern kitchen with brand-new appliances and quartz countertops, high-end updated bathrooms with contemporary fixtures, new HVAC, new vinyl flooring, and fresh paint throughout. The ADU is also fully updated, meeting the criteria for mint condition with no maintenance required.
The property features a fully permitted 409 sqft ADU with its own address and private entrance, offering excellent opportunities for rental income or multi-generational living.
Both the main residence and ADU have been extensively updated with modern finishes, including new HVAC, quartz countertops, vinyl flooring, and designer tile work, ensuring a move-in-ready experience.
The lot includes professional landscaping, a dedicated patio area with an outdoor sink and storage, and a spacious driveway with a carport, providing superior functional outdoor space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-07-15. The sold price is $840,000.00.
The main house and ADU share utility meters, which may present challenges for landlords in accurately billing tenants or managing separate usage costs.
Opportunity Knocks! Here’s a fantastic investment opportunity. Live in one unit and rent out the other for additional income, or enjoy the flexibility of multi-generational living with space for extended family, in-laws, or overnight guests. The property features a spacious 3-bedroom, 2-bathroom main house offering 1,447 square feet situated on a 6,645 lot size, along with a 409-square-foot ADU complete with 1 bedroom and 1 bathroom. The ADU has its own separate address and private entrance, while both residences share utilities. Step inside the main house and discover a beautifully updated interior featuring new vinyl flooring throughout, HVAC, recessed lighting, fresh interior and exterior paint, and a sliding glass door that fills the living room with natural light. A stunning tile fireplace serves as the centerpiece of the living area, creating a warm and inviting atmosphere. The spacious dining room provides the perfect setting for hosting family gatherings and events. The kitchen has been tastefully updated with warm brown cabinetry accented by stylish hardware, beautiful quartz countertops, and brand-new appliances. An adjoining laundry room offers added convenience and ample storage space, making everyday living both functional and efficient. The spacious primary suite offers plenty of room for comfort and relaxation. The en-suite bathroom showcases high-end finishes, including beautifully designed tile work, modern fixtures, and elegant faucets, creating a luxurious retreat. The two additional bedrooms are generously sized, offering comfort and versatility for family members, guests, or a home office. The guest bathroom features a tub-and-shower combo with attractive tile finishes, blending style and functionality. The ADU features all-new vinyl flooring, kitchen cabinets, fixtures, appliances, and its own in-unit laundry hook-ups. The bathroom has been nicely updated with tasteful finishes and a clean, modern look. The front and backyard have new landscaping and a patio area that's perfect for weekend BBQs and outdoor gatherings. An outdoor sink and storage cabinets add extra convenience and functionality. The front of the property features a spacious driveway with parking for multiple cars, as well as a covered carport This is a must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,856 | 1,535.5 |
| Lot Size | 6,645 | 6,741 |
| Price | $999.0K | $991.7K |
| Price per sq ft | $538 | $629 |
| Built year | 1956 | 1947 |
| HOA | $0 | $0 |
| Days on market | 16 | 62 |
Jul 6, 2026
$999,000
Initial Listing
Jul 15, 2025
$840,000
Public Record