7848 Melita Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 5 bed, 4 bath
7848 Melita Avenue
North Hollywood, California 91605
Property Price
SUMMARY
Analysis of 7848 Melita Avenue, North Hollywood, California 91605 reveals a Fairly Priced Property with a current list price of $1,298,000 aligned with the estimated $1,293,886 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7848 Melita Avenue Subject | $1,298,000* List Price | 5 | 4 | 2,136 | $606 | - |
A 13069 Strathern Street Sold | $960,000 | 5 | 2 | 1,436 | $669 | 0.2 mi |
B 12635 Divan Place Sold | $1,320,000 | 5 | 5 | 1,999 | $660 | 0.6 mi |
C 7725 Ethel Avenue Sold | $1,075,000 | 4 | 2 | 1,697 | $633 | 0.2 mi |
D 7820 Ampere Avenue Sold | $1,590,000 | 4 | 2 | 2,406 | $661 | 0.1 mi |
E 7060 Morse Avenue Active | $1,099,950 List Price | 5 | 3 | 2,059 | $534 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has been extensively renovated within the last five years, featuring a complete reimagining of all major surfaces. It boasts a modern kitchen with updated appliances and cabinetry, wide-plank flooring throughout, and designer fixtures. The inclusion of contemporary upgrades such as owned solar panels and an EV charger, combined with the move-in-ready condition of the bathrooms and living spaces, aligns with the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Renovation
Extensively reimagined within the last five years, the home features high-end finishes, wide-plank flooring, and designer fixtures, offering a completely move-in-ready contemporary aesthetic.
- Eco-Friendly Upgrades
The inclusion of owned solar panels and a dedicated EV charger provides significant energy efficiency and long-term cost savings, catering perfectly to the modern, eco-conscious buyer.
- Generous Lot and Layout
With five bedrooms and a substantial 7,685-square-foot lot, the property offers rare scale and flexibility for large families, guest accommodations, or a dedicated home office setup.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 7.
- Bathroom-to-Bedroom Ratio
Despite having five bedrooms, the home only provides two full bathrooms, which may create logistical challenges for larger households or high-occupancy living.
- Lack of Scenic Views
The property lacks any significant views, which may be a drawback for buyers prioritizing a scenic or elevated setting within the North Hollywood market.
About 7848 Melita Avenue
Completely reimagined and thoughtfully redesigned, this contemporary North Hollywood residence blends modern style with everyday functionality across 2,136 square feet of living space. Set on a generous 7,685 square foot lot, the home offers 5 bedrooms, 2 full bathrooms, and 1 half bathrooms providing exceptional flexibility for families, guests, or a dedicated home office setup. Remodeled within the last five years, every major surface and finish has been updated with a clean, modern aesthetic. Wide-plank flooring flows throughout the home, complemented by sleek countertops, updated cabinetry, and designer fixtures. The kitchen serves as the heart of the home, showcasing updated appliances and contemporary finishes designed for both daily living and effortless entertaining. The open layout creates seamless flow between living spaces, filled with natural light and designed for comfort. Each bathroom has been tastefully renovated with modern materials and fixtures, offering a cohesive, move-in ready feel throughout. Outside, the expansive 7,685 square foot lot provides ample space to entertain, relax, or further customize to your needs. Whether hosting gatherings or enjoying quiet evenings outdoors, the yard offers privacy and versatility. Thoughtful upgrades include owned solar panels for energy efficiency and long-term savings, along with a dedicated EV charger, perfect for modern, eco-conscious living. Turnkey, stylish, and extensively updated, 7848 Melita Ave presents an exceptional opportunity to own a contemporary home in one of North Hollywood's most convenient and evolving neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 7,687 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 2,136 | 1,514 | 85% |
| Lot Size | 7,687 | 7,021 | 64% |
| Price | $1.30M | $850.0K | 90% |
| Price per sq ft | $608 | $608 | 50% |
| Built year | 1958 | 1954 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 175 | 2% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,298,000
Initial Listing
Sold
Jan 19, 2023
$1,175,000
Public Record
Sold
Mar 1, 2022
$975,000
Public Record
Sold
May 28, 2013
$480,000
Public Record