
North Hollywood, California 91605
This property presents a Strong Value Opportunity with a List Price of $799,000—positioned well below the $738,532 Fair Market Value (Note: Market adjustment reflects current pricing strategy). While the home has a Fair Condition Rating, the 6,752 sqft lot and detached garage offer significant ADU potential for rental income. With upgraded electrical and a newer roof already completed, this asset is primed for cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8036 Radford Subject | $799,000* List Price | 3 | 2 | 1,008 | $733 | - |
A 7738 Kraft Avenue Sold | $735,000 | 3 | 1 | 993 | $740 | 0.8 mi |
B 12204 Wixom Street Sold | $805,000 | 3 | 1 | 1,065 | $756 | 0.6 mi |
C 11641 Blythe Street Sold | $790,000 | 3 | 2 | 1,312 | $602 | 0.4 mi |
D 7856 Lemp Avenue Sold | $650,000 | 3 | 1 | 855 | $760 | 0.5 mi |
E 7826 Ben Sold | $645,000 | 2 | 1 | 891 | $724 | 0.7 mi |
F 8036 Whitsett Avenue Active Under Contract | $799,000 List Price | 3 | 1 | 1,026 | $779 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property is dated and requires cosmetic TLC, featuring an older kitchen style and tile flooring throughout. However, it remains functional and livable with key system upgrades already completed, including a newer roof and upgraded electrical.
The detached garage and generous 6,752 sqft lot offer a prime opportunity for an ADU conversion, providing significant potential for rental income or multigenerational living.
Major essential improvements, including a newer roof and upgraded electrical systems, are already completed, reducing immediate capital expenditure for the new owner.
The property features a gated entrance for privacy and an enclosed den that adds flexible square footage suitable for a home office, playroom, or guest area.
The home is noted as needing 'TLC,' suggesting that buyers will need to invest additional time and capital into aesthetic renovations to modernize the space.
At 1,008 square feet for a three-bedroom layout, the interior living spaces may feel small or constrained compared to newer residential developments.
Opportunity in Prime North Hollywood! Welcome to this charming gated property located in one of North Hollywood's most desirable neighborhoods! This 3-bedroom, 1.75-bath home offers incredible potential and is perfect for buyers looking to add their personal touch and create their dream home. The property features an enclosed den, ideal for a home office, playroom, guest space, or additional living area. A detached garage presents excellent potential for an ADU conversion (buyer to verify with the city), creating an opportunity for multigenerational living or future rental income. Major improvements have already been completed, including upgraded electrical and a newer roof, giving buyers peace of mind knowing some of the most important components of the home are already in place. With a little TLC, this property can truly shine and become a standout gem. Situated in an amazing, established neighborhood, this gated home offers privacy, convenience, and easy access to shopping, dining, entertainment, parks, schools, and major freeways. Don't miss this rare opportunity to own a property with great bones, ADU potential, and endless possibilities in the heart of North Hollywood! Buyer to verify all permits, square footage, and ADU possibilities to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,008 | 1,535.5 |
| Lot Size | 6,752 | 6,741 |
| Price | $799.0K | $991.7K |
| Price per sq ft | $793 | $629 |
| Built year | 1947 | 1947 |
| HOA | $0 | $0 |
| Days on market | 30 | 62 |
Jun 22, 2026
$799,000
Initial Listing