7511 Park Manor Ave, North Hollywood, California 91605, North Hollywood, 91605 - 4 bed, 2 bath

7511 Park Manor Ave, North Hollywood, California 91605 home-pic-0
ACTIVE$870,000
7511 Park Manor Ave, North Hollywood, California 91605
4Beds
2Baths
1,322Sqft
6,099Lot

Price Vs. Estimate

The estimated value ($809,419.685) is $60,580.315 (6%) lower than the list price ($870,000). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Major System Upgrades: The property benefits from a newer roof (2023), a new water heater (2024), and central heating and air conditioning, significantly reducing immediate maintenance concerns for a buyer.
Top Cons:
Non-Permitted Room: The versatile 132 sq. ft. room is explicitly stated as 'non permitted,' which could present challenges with future resale, insurance, or require costly legalization.

Compared to the nearby listings

Price:$870.0K vs avg $865.0K (+$5,000)51%
Size:1,322 sqft vs avg 1,564 sqft40%
Price/sqft:$658 vs avg $57662%

More Insights

Built in 1954 (71 years old).
Condition: This property, built in 1954, presents as move-in ready with significant recent upgrades to major systems, aligning well with the 'Good' condition criteria. The description highlights a newer roof (2023), a new water heater (2024), and central heating and air conditioning, indicating well-maintained and functional major systems within their expected lifespan. The natural wood flooring throughout and 'tastefully updated' bathrooms with tiled showers and granite countertops contribute to a clean and appealing interior. While the kitchen features modern stainless steel appliances, the granite tile countertops and cabinet style appear aesthetically dated, preventing an 'Excellent' score. The presence of a 'non-permitted versatile room' is a notable weakness that could require future attention. However, the overall condition, recent system updates, and general upkeep suggest the property is in good, functional order with no immediate, critical renovations required beyond potential aesthetic preferences in the kitchen or addressing the non-permitted space.
Year Built
1954
Close
-
List price
$870K
Original List price
$940K
Price/Sqft
$658
HOA
-
Days on market
-
Sold On
-
MLS number
SW25110272
Home ConditionGood
Features
Patio
View-

About this home

Welcome Home! This charming single-story home in North Hollywood offers comfort, style, and convenience. Featuring 4 bedrooms, 2 upgraded bathrooms, a formal living and dining area, a cozy nook, and a 2-car garage, this residence is designed for both everyday living and entertaining. The gated front yard with a wrought iron entry adds both privacy and curb appeal. Step through the upgraded wood front door and into a private courtyard that sets a warm and inviting tone. Inside, you’ll find natural wood flooring throughout, bringing warmth and character to every room. The kitchen is equipped with granite tile countertops and stainless steel appliances, and opens to a bright nook area with French doors leading to a non permitted versatile room (approx. 132 sq. ft.) that opens up to endless possibilities — greenhouse or plant room, reading lounge, workout or yoga room, art or craft studio, or play room to name a few! All bedrooms include mirrored wardrobe doors, and the bathrooms have been tastefully updated with tiled showers and granite countertop, one bedroom also offers direct French door access to the backyard, where you'll find a covered patio and spacious yard, ideal for gatherings with family and friends. Additional highlights include, newer roof (installed 2023), central heating and air conditioning, new water heater (installed 2024), low property taxes, and No HOA. Centrally located with easy access to the 170, 101, and 134 freeways, this home offers an ideal location for commuters and anyone wanting to be close to everything Los Angeles has to offer. This beautifully maintained home is move-in ready—don’t miss out! Call today to schedule a showing! (Click the 360 for video tour)

Condition Rating
Good

This property, built in 1954, presents as move-in ready with significant recent upgrades to major systems, aligning well with the 'Good' condition criteria. The description highlights a newer roof (2023), a new water heater (2024), and central heating and air conditioning, indicating well-maintained and functional major systems within their expected lifespan. The natural wood flooring throughout and 'tastefully updated' bathrooms with tiled showers and granite countertops contribute to a clean and appealing interior. While the kitchen features modern stainless steel appliances, the granite tile countertops and cabinet style appear aesthetically dated, preventing an 'Excellent' score. The presence of a 'non-permitted versatile room' is a notable weakness that could require future attention. However, the overall condition, recent system updates, and general upkeep suggest the property is in good, functional order with no immediate, critical renovations required beyond potential aesthetic preferences in the kitchen or addressing the non-permitted space.
Pros & Cons

Pros

Recent Major System Upgrades: The property benefits from a newer roof (2023), a new water heater (2024), and central heating and air conditioning, significantly reducing immediate maintenance concerns for a buyer.
Move-in Ready Condition: Described as 'beautifully maintained' and 'move-in ready' with upgraded bathrooms and natural wood flooring throughout, appealing to buyers seeking immediate occupancy without extensive renovations.
Excellent Location & Financial Benefits: Centrally located with easy access to major freeways (170, 101, 134), ideal for commuters, coupled with the financial advantages of low property taxes and no HOA.
Enhanced Curb Appeal & Outdoor Space: Features a gated front yard with wrought iron entry, a private courtyard, a covered patio, and a spacious backyard, providing inviting outdoor living and entertaining areas.
Versatile Additional Space: A 132 sq. ft. versatile room, accessible via French doors, offers flexible use as a greenhouse, studio, reading lounge, or playroom, adding functional value to the home.

Cons

Non-Permitted Room: The versatile 132 sq. ft. room is explicitly stated as 'non permitted,' which could present challenges with future resale, insurance, or require costly legalization.
Older Original Construction: Built in 1954, despite recent updates, the underlying structure is older, which may imply potential issues with original plumbing, electrical, or foundation not explicitly addressed in the description.
Dated Kitchen Countertops: The kitchen features 'granite tile countertops.' While granite, the tile format can appear less modern than solid slab countertops and may require more maintenance due to grout lines.

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