
North Hollywood, California 91605
This Renovated Traditional Residence is a Strong Value Opportunity, listed at $1,049,000—positioned well below the $1,115,627 Fair Market Value by 5%. This valuation gap offers $66,627 in Instant Equity. Boasting a Condition Rating of 2, the home features a newly installed solar system, quartz countertops, and remodeled bathrooms. The expansive 8,468 sq ft corner lot provides exceptional ADU development potential within the Los Angeles Unified district. It is a premier choice for Owner-Occupants seeking a move-in ready sanctuary or Buy-and-Hold Investors targeting high-yield assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7705 Ben Subject | $1,049,000* List Price | 4 | 2 | 2,109 | $529 | - |
A 8127 Radford Avenue Sold | $1,130,625 | 6 | 4 | 2,230 | $507 | 0.6 mi |
B 7712 El Caprice Sold | $1,189,000 | 4 | 3 | 1,876 | $634 | 0.4 mi |
C 7643 Westland Avenue Sold | $850,000 | 4 | 1 | 1,490 | $570 | 0.5 mi |
D 7615 Ani Active | $925,000 List Price | 4 | 3 | 1,942 | $476 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1939, the property features recent high-end renovations (likely <5 years) including modern bathrooms with LED mirrors and stone finishes, new laminate flooring, and recessed lighting. Significant system upgrades include a newly installed solar system and updated kitchen with quartz countertops, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8467, living area = 2109.
The expansive 8,468 sq ft corner lot provides significant value-add opportunities, including the potential for ADU development or property expansion in a high-demand residential area.
Equipped with a newly installed solar system and remodeled bathrooms, the home offers immediate energy cost savings and reduced initial maintenance requirements for the buyer.
Built in 1939, the property may require further investment into aging underlying systems, such as plumbing or electrical, that are not covered by recent cosmetic renovations.
The property offers no significant views, which may be a drawback for buyers prioritizing aesthetic vistas or a premium visual backdrop.
Rare investment and value-add opportunity in the heart of North Hollywood, situated on a desirable corner lot in a well-established residential neighborhood. This classic single-story traditional home offers approximately 2,109 sq of living space on an expensive 8,468 sq ft lot, presenting exceptional potential for redevelopment, expansion, or luxury renovation. Featuring 4 spacious bedrooms and 2 full bathrooms, the home boats a functional and flexible floor plan with multiple living areas including a formal living room, dining area, family room- ideal for modern living or rental configuration. Recent upgrades include remodeled bathrooms, newly installed solar system, offering enhanced energy efficiency and long-term cost savings. The interior is highlighted by recessed lighting, laminate flooring, and abundant natural light throughout, while the kitchen - with quartz countertops and gas cooktops- offers a strong foundation for customization and value enhancement. The exterior showcases a fenced yard, covered front porch, and ample parking with a 2-car garage plus additional driveway spaces, making it ideal for both owner-users and investors. the generous lot provide room for potential ADU development or expansion. Its strategic location offers convenient access to shopping, dining, and entertainment, including the vibrant NoHo West district, making it highly attractive for resale or rental income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,109 | 1,514 | 81% |
| Lot Size | 8,467 | 6,741 | 83% |
| Price | $1.05M | $850.0K | 77% |
| Price per sq ft | $497 | $571 | 21% |
| Built year | 1939 | 1954 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 180 | 2% |
Apr 20, 2026
$1,049,000
Initial Listing
Nov 20, 2023
$1,100,000
Public Record
Mar 3, 2000
$211,000
Public Record