7737 Ethel Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 6 bed, 5 bath

7737 Ethel Avenue, North Hollywood, California 91605 home-pic-0
ACTIVE$1,700,000
7737 Ethel Avenue, North Hollywood, California 91605
6Beds
5Baths
2,832Sqft
17,501Lot
Year Built
1942
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$600
HOA
-
Days on market
-
Sold On
-
MLS number
SR25093296
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(98th), sqft - 2832(95th), beds - 6(98th), baths - 5(91th).

Incredible Investment Opportunity – 6 Bedrooms, 5 Bathrooms, 2832 Sq Ft in Prime North Hollywood! Welcome to a unique offering that combines modern upgrades, versatile living, and outstanding rental potential. The main home features 3 spacious bedrooms and 3 updated bathrooms across 1,672 square feet, highlighted by an open layout, beautiful marble flooring, recessed lighting, a stylish kitchen with quartz countertops, and stunning pool views that create a true indoor-outdoor living experience. The newly constructed permitted ADU offers an additional 3 bedrooms, 2 bathrooms, and a contemporary design with private entry, ideal for rental income, multigenerational living, or a separate workspace. Go outside to enjoy a large private backyard with a sparkling pool, expansive patio space, and gated parking, perfect for entertaining or relaxing. Located in a highly sought-after area of North Hollywood near major studios, shops, dining, and freeway access, this property offers exceptional flexibility and upside potential. Live in one and rent the other, or enjoy the benefits of a dual rental investment. Opportunities like this are rare — don’t miss it!

Price History

Date
Event
Price
04/30/25
Listing
$1,700,000
Condition Rating
Excellent

Despite being built in 1942, this property has undergone extensive and recent renovations, including a newly constructed ADU. Both the main house and the ADU feature modern, high-quality finishes such as quartz countertops, stainless steel appliances, marble and LVP flooring, recessed lighting, and updated bathrooms with contemporary fixtures and tiling. All visible components appear new or virtually new, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: The newly constructed, permitted ADU (3 beds, 2 baths) combined with the main home (3 beds, 3 baths) offers significant rental income opportunities or flexible multigenerational living.
Prime North Hollywood Location: Situated in a highly sought-after area, providing convenient access to major studios, diverse shops, dining, and freeway connections, enhancing desirability and potential appreciation.
Modernized Main Residence: The main home boasts recent updates including an open layout, marble flooring, recessed lighting, and a stylish kitchen with quartz countertops, offering a contemporary living experience.
Resort-Style Outdoor Living: Features a large private backyard with a sparkling pool, expansive patio space, and gated parking, ideal for entertaining and relaxation on a generous 17,501 sqft lot.
Versatile Living Arrangements: The property's dual-unit setup allows for various uses, including owner-occupancy with rental income, full rental investment, or accommodating extended family.

Cons

Age of Original Construction: Built in 1942, the main structure's age could imply potential for older systems (plumbing, electrical, foundation) that may require future maintenance or upgrades not explicitly detailed as part of the 'modern upgrades'.
Lack of Specified HVAC System: The description highlights interior upgrades but does not mention the presence or condition of a cooling or heating system, which is a critical amenity, especially in the California climate.
No Scenic View: The property explicitly states 'View: None,' which might be a drawback for buyers prioritizing scenic vistas, potentially impacting its appeal compared to properties with desirable views.

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