8036 Whitsett Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 1 bath
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North Hollywood, California 91605
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well above the $748,125 Fair Market Value by -6%. While priced at a premium, the 7,497sqft lot and 2 detached garages offer significant ADU development potential to drive future ROI. The home maintains a Condition Rating of 4, featuring central A/C & heat and an updated electrical panel. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of executing cosmetic renovations to maximize the property's inherent value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8036 Whitsett Avenue Subject | $799,000* List Price | 3 | 1 | 1,026 | $729 | - |
A 12204 Wixom Street Sold | $805,000 | 3 | 1 | 1,065 | $756 | 0.5 mi |
B 7748 El Caprice Avenue Sold | $850,000 | 3 | 1 | 1,065 | $798 | 0.4 mi |
C 12703 Ratner Street Sold | $760,000 | 3 | 2 | 1,221 | $622 | 0.3 mi |
D 7660 Radford Avenue Sold | $700,000 | 2 | 1 | 1,018 | $688 | 0.9 mi |
E 8217 Laurel Canyon Boulevard Pending | $774,950 List Price | 3 | 2 | 1,120 | $692 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the home is dated with visible wear and staining on the original hardwood floors and vintage built-in cabinetry. While the interior requires cosmetic updates and minor repairs, the property features functional systems including central HVAC and an updated electrical panel, keeping it above the 'poor' threshold.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1026.
The property features two detached garages on a generous 7,497 sqft lot, providing an exceptional opportunity for Accessory Dwelling Unit (ADU) conversion to increase value or rental income.
Equipped with central A/C and heat plus an updated electrical panel, the home offers modern climate control and safety standards that are often missing in 1950s-era properties.
With only one bathroom serving three bedrooms, the layout may be a significant drawback for growing families or buyers seeking modern convenience.
At 1,026 square feet for a three-bedroom home, the interior living space and individual room sizes are relatively small, which may feel restrictive for some residents.
Single Family Home With Lots Of Potential * 3 Bedrooms / 1 Bathroom * 1,026sqft * 7,497sqft Lot * 1952 Built * Open Floor Plan * Living Room With Fireplace * Dining Area * Open Kitchen * Hardwood Floors * Central A/C & Heat * Laundry Hook-Ups * Enclosed Patio * Updated Electrical Panel * 2 Detached Garages (Perfect For An ADU) * Large Yard
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,026 | 1,557 | 13% |
| Lot Size | 7,500 | 6,571 | 66% |
| Price | $799.0K | $852.5K | 31% |
| Price per sq ft | $779 | $571 | 92% |
| Built year | 1952 | 1954 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 162 | 2% |
Jun 1, 2026
$799,000
Initial Listing