7663 Shadyglade Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 6 bed, 4 bath
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North Hollywood, California 91605
This High-Yield Multi-Unit Asset is listed at $1,290,000, representing a stable valuation aligned with its $1,252,234 Fair Market Value. Boasting a Condition Rating of 2, the property features a recently renovated front home and a 2018-built back house with an additional unit, collectively generating over $100,000 in Annual Rental Income. With Quartz Countertops, updated systems, and an outside patio, the units provide immediate cash flow within the Los Angeles Unified district. This turnkey setup is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7663 Shadyglade Avenue Subject | $1,290,000* List Price | 6 | 4 | 2,380 | $518 | - |
A 8127 Radford Avenue Sold | $1,130,625 | 6 | 4 | 2,230 | $507 | 0.8 mi |
B 7712 El Caprice Sold | $1,189,000 | 4 | 3 | 1,876 | $634 | 0.1 mi |
C 12715 Hart St Sold | $1,050,000 | 5 | 4 | 2,520 | $417 | 1.0 mi |
D 7848 Melita Avenue Sold | $1,330,000 | 5 | 4 | 2,136 | $623 | 1.0 mi |
E 7735 7733 Babcock Avenue Sold | $920,000 | 4 | 3 | 1,801 | $511 | 0.2 mi |
F 7736 Bellaire Avenue Active Under Contract | $1,073,999 List Price | 5 | 4 | 2,454 | $438 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a front house that has been recently renovated with modern finishes, including quartz countertops and updated plumbing and electrical systems. The back house was built in 2018, meeting the criteria for a newer construction. Images show high-quality contemporary kitchens and bathrooms, stainless steel appliances, recessed lighting, and updated flooring throughout all units, indicating no deferred maintenance.
The property generates over $100,000 in annual rental income across three distinct units, making it an exceptional high-yield opportunity for investors or owner-users looking to offset their mortgage.
The asset features a back house built in 2018 and a recently renovated front house with updated plumbing, electrical, windows, and quartz countertops, ensuring lower immediate maintenance costs.
With a recent price reduction and a seller explicitly motivated for a quick sale, there is a strategic window for buyers to acquire a multi-unit property at a competitive price point.
The conversion of the garage into a living unit eliminates traditional covered parking and storage, which may be a drawback for residents with multiple vehicles in a high-density area.
Housing three separate units on a 7,018-square-foot lot results in limited private outdoor space and may lead to privacy concerns among the different sets of occupants.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 79% |
| Square foot | 2,380 | 1,625.5 | 90% |
| Lot Size | 7,018 | 6,571 | 63% |
| Price | $1.29M | $865.0K | 92% |
| Price per sq ft | $542 | $571 | 35% |
| Built year | 1951 | 1954 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 274 | 173 | 82% |
Oct 8, 2025
$1,290,000
$1,320,000
-2% Price Drop
Initial Listing
Sep 9, 2025
$1,320,000
$1,395,000
-5% Price Drop
Initial Listing
Sep 5, 2025
$1,395,000
Initial Listing