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7663 Shadyglade Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 6 bed, 4 bath

7663 Shadyglade Avenue, North Hollywood, California 91605 home-pic-0
ACTIVE$1,290,000
7663 Shadyglade Avenue, North Hollywood, California 91605
6Beds
4Baths
2,380Sqft
7,018Lot
Year Built
1951
Close
-
List price
$1.29M
Original List price
$1.4M
Price/Sqft
$542
HOA
-
Days on market
-
Sold On
-
MLS number
BB25200415
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.29M(89th), sqft - 2380(89th), beds - 6(98th), baths - 4(87th).

REDUCED FOR QUICK SALE !!! MOTIVATED SELLER !!! Great opportunity for Investor, Owner-User or Family. Over $100,000 in Annual Rental Income !!! Located in the desired area of North Hollywood, close proximity to shops, restaurants and entertainment. Front house has been recently renovated and is 3BR/1.5BA, 1,144SF home, featuring quartz countertops, newer plumbing, electrical, windows. Outside patio for entertainment. Back house was built in 2018 and is 3BR/2BA, 1,236SF home and is attached to an additional 1BR/1BA unit (converted garage). Kitchens feature quartz countertops, lots of cabinets and a laundry area in each home. Hurry! Won't last!

Price History

Date
Event
Price
10/08/25
Price Change
$1,290,000-2.3%
09/09/25
Price Change
$1,320,000-5.4%
09/05/25
Listing
$1,395,000
Condition Rating
Excellent
This property consists of two main units, both in excellent condition. The back house was built in 2018, making it virtually new (6 years old). The front house has been 'recently renovated' with 'newer plumbing, electrical, and windows,' and features quartz countertops. The images confirm modern kitchens with white shaker cabinets, stainless steel appliances, and recessed lighting. Bathrooms appear clean and updated. The flooring throughout is modern wood-look tile/laminate. All major systems are new or recently updated, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: The property boasts a significant annual rental income exceeding $100,000, making it a highly attractive investment opportunity for generating substantial cash flow.
Versatile Multi-Unit Configuration: Comprising a recently renovated front house, a newer (2018) back house, and an additional converted garage unit, this property offers flexible living arrangements for owner-users or maximized rental income potential.
Modern Upgrades & Newer Construction: The front house features recent renovations including updated plumbing, electrical, and windows, while the back house is a relatively new build from 2018, with both units offering modern kitchens with quartz countertops.
Prime North Hollywood Location: Strategically located in a desirable area of North Hollywood, providing convenient access to a variety of shops, restaurants, and entertainment options.
Aggressive Pricing Strategy: The property has seen multiple price reductions and is currently listed below its estimated market value, indicating a motivated seller and a potential value-add opportunity for prospective buyers.

Cons

Age of Original Structure: The front house, built in 1951, suggests an older foundation and potential for unforeseen maintenance or system upgrades despite recent cosmetic renovations.
Lack of Desirable Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks or premium views.
Zoning/Permitting Ambiguity: Listed as a 'Single Family Residence' despite featuring multiple distinct living units (including a converted garage), which may require verification of zoning compliance and permits for all units to avoid potential legal or financial complications.

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