7705 Ben Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 4 bed, 2 bath

7705 Ben Avenue, North Hollywood, California 91605 home-pic-0
ACTIVE$1,149,000
7705 Ben Avenue, North Hollywood, California 91605
4Beds
2Baths
2,109Sqft
8,467Lot

Price Vs. Estimate

The estimated value ($974,664.81) is $174,335.19 (15%) lower than the list price ($1,149,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modernized Interior: The home has been beautifully remodeled with modern updates and features a modernized kitchen with contemporary finishes, offering a fresh and appealing living space.
Top Cons:
Perceived Overpricing: The current listing price of $1,149,000 is notably higher than the estimated property value of $987,701.76, suggesting it may be overvalued in the current market.

Compared to the nearby listings

Price:$1.15M vs avg $865.0K (+$284,000)85%
Size:2,109 sqft vs avg 1,580 sqft80%
Price/sqft:$545 vs avg $57540%

More Insights

Built in 1939 (86 years old).
Condition: While the property boasts a recently installed solar system and a beautifully remodeled bathroom with modern finishes, the kitchen is significantly outdated with traditional wood cabinets, dark granite countertops, and what appears to be unfinished or very old flooring. This stark inconsistency with the rest of the 'remodeled' home, and the misleading description of a 'modernized kitchen,' means a buyer would likely face immediate and substantial renovation costs for the kitchen to match the updated areas. The property's age (built 1939) and the mixed renovation quality, particularly the dated kitchen, prevent it from achieving a 'Good' score, as it is not truly move-in ready without immediate renovation required for a consistent aesthetic.
Year Built
1939
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$545
HOA
-
Days on market
-
Sold On
-
MLS number
SR25253736
Home ConditionFair
Features
Patio
View-

About this home

Motivated Seller! Another price reduction. Experience the perfect blend of classic charm and modern updates in this beautifully remodeled 4-bedroom, 2-bathroom traditional home, offering 2,109 square feet of living space. Just a short drive from the NoHo West shopping complex, this property provides easy access to shopping, dining, and entertainment while maintaining a peaceful residential atmosphere. The home features a recently installed solar system, providing energy efficiency and significant savings on utility costs. Inside, the spacious floor plan includes a modernized kitchen with contemporary finishes, open living and dining areas ideal for hosting, and generously sized bedrooms that offer flexibility for various needs. This inviting home presents a fantastic opportunity for those seeking comfort, convenience, and energy savings in a highly desirable area. Don’t miss out—schedule a showing today!

Price History

Date
Event
Price
03/03/00
Sold
$211,000
11/20/23
Sold
$1,100,000
Condition Rating
Fair

While the property boasts a recently installed solar system and a beautifully remodeled bathroom with modern finishes, the kitchen is significantly outdated with traditional wood cabinets, dark granite countertops, and what appears to be unfinished or very old flooring. This stark inconsistency with the rest of the 'remodeled' home, and the misleading description of a 'modernized kitchen,' means a buyer would likely face immediate and substantial renovation costs for the kitchen to match the updated areas. The property's age (built 1939) and the mixed renovation quality, particularly the dated kitchen, prevent it from achieving a 'Good' score, as it is not truly move-in ready without immediate renovation required for a consistent aesthetic.
Pros & Cons

Pros

Modernized Interior: The home has been beautifully remodeled with modern updates and features a modernized kitchen with contemporary finishes, offering a fresh and appealing living space.
Energy Efficiency: A recently installed solar system provides significant energy efficiency and potential savings on utility costs, adding long-term value for the homeowner.
Spacious Layout: With 2,109 square feet of living space, a spacious floor plan, open living and dining areas, and generously sized bedrooms, the property offers ample room for comfort and flexibility.
Convenient Location: Situated in a highly desirable area, the property offers easy access to shopping, dining, and entertainment, being just a short drive from the NoHo West shopping complex.
Generous Lot Size: The property boasts a substantial 8,467 square foot lot, providing ample outdoor space for various activities or potential landscaping enhancements.

Cons

Perceived Overpricing: The current listing price of $1,149,000 is notably higher than the estimated property value of $987,701.76, suggesting it may be overvalued in the current market.
Market Resistance Indicated: The description explicitly states 'Motivated Seller! Another price reduction,' which indicates the property has faced challenges attracting buyers at previous price points and may signal market resistance.
Age of Construction: Built in 1939, despite modern updates, the property's age could imply older underlying systems or potential for unforeseen maintenance issues compared to newer constructions.

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