7657 Ethel, North Hollywood, California 91605, North Hollywood, 91605 - 5 bed, 3 bath
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7657 Ethel
North Hollywood, California 91605
ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,553Sq Ft
7,935Lot Size
Property Price
LIST PRICE$999,999
EST. MARKET VALUE
$1,005,929
SUMMARY
This Spacious Multi-Level Residence represents a Strong Value Opportunity, listed at a List Price of $999,999—positioned well below the $1,005,929 Fair Market Value by 0.59%. This valuation gap offers $5,930 in Instant Equity for the buyer. With a Fair Condition Rating, the property features a permitted second-story addition and central HVAC, providing a solid foundation for cosmetic modernization. Ideally located for commuters, this property is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$1,005,929
Based on Realkey algorithm analyzing recent comparable sales in North Hollywood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7657 Ethel Subject | $999,999* List Price | 5 | 3 | 2,553 | $394 | - |
A 7929 Nagle Avenue Sold | $860,000 | 4 | 3 | 2,660 | $323 | 0.4 mi |
B 12642 Divan Place Sold | $905,000 | 5 | 3 | 2,119 | $427 | 0.5 mi |
C 7933 Teesdale Avenue Sold | $1,200,000 | 4 | 3 | 2,389 | $502 | 0.5 mi |
D 12827 Covello Street Sold | $850,000 | 3 | 3 | 2,084 | $408 | 0.3 mi |
E 8043 Rhodes Active | $875,000 List Price | 4 | 2 | 1,930 | $453 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1937 and held by the same owner for 50 years, the property is significantly dated. While it features a permitted second-story addition and central HVAC, the kitchen and bathrooms likely haven't been updated in over 20 years, placing it in the 'Fair' category requiring cosmetic and system modernizations.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Multi-Level Layout
With 5 bedrooms and over 2,500 sq. ft. of living space, the permitted two-story floor plan offers a versatile layout ideal for large or multi-generational families.
- Long-Term Pride of Ownership
Offered for the first time in 50 years, this property demonstrates significant stability and includes essential permitted upgrades like the second-story addition and central HVAC.
- Prime Commuter Location
Situated with easy access to the 170 and 5 freeways, the property provides a highly convenient location for commuting to Los Angeles and surrounding employment hubs.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Having been held by the same owner for five decades, the interior finishes and styling likely require cosmetic updates to align with contemporary buyer preferences.
- Vintage Infrastructure
The original 1937 structure may necessitate thorough inspections and potential upgrades to older systems, such as plumbing or electrical, to meet modern standards.
About 7657 Ethel
First time in the market in 50 years this great 2 story in North Hollywood. Features 5 BR, 3 BA, formal dining, Family room, 2 car garage, central air and heat! with 2,553 sq ft. and 7,885 sq ft lot. 3 BR downstairs and 2 BR upstairs. Good size bedrooms ! Living room and dining has hardwood floors, family room and kitchen has tiles. 2nd story has been added with permits. Easy access to 170 freeway and 5 freeway. Clos to Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 7,935 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,553 | 1,646.753 |
| Lot Size | 7,935 | 6,718.37 |
| Price | $1000.0K | $963.6K |
| Price per sq ft | $392 | $634 |
| Built year | 1937 | 1949 |
| HOA | $0 | $155 |
| Days on market | 12 | 60 |
Pricing History
Listed for Sale
Aug 28, 2026
$999,999
Initial Listing