8119 Irvine, North Hollywood, California 91605, North Hollywood, 91605 - 4 bed, 2 bath
8119 Irvine
North Hollywood, California 91605
Property Price
SUMMARY
Analysis of 8119 Irvine, North Hollywood, California 91605 reveals a property with a current list price of $1,050,000, which is 14% above the estimated $897,756 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8119 Irvine Subject | $1,050,000* List Price | 4 | 2 | 1,725 | $520 | - |
A 8000 Ben Avenue Sold | $810,000 | 3 | 2 | 1,747 | $464 | 0.5 mi |
B 8146 Agnes Active | $829,000 List Price | 3 | 2 | 1,639 | $506 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1947, this property is explicitly being sold 'AS IS NO REPAIRS', indicating significant deferred maintenance and the need for substantial rehabilitation. The property analysis highlights 'Older Construction & Potential for Updates' and the requirement for 'substantial investment in updating systems (plumbing, electrical, HVAC) and modernizing aesthetics'. Without interior images, especially of the kitchen and bathrooms, it's highly probable these areas are original or severely outdated, requiring complete renovation. The exterior appears maintained, but the internal systems and finishes are clearly expected to be in poor condition, aligning with the 'Poor' criteria of requiring substantial repairs and rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8035, living area = 1725.
- Prime North Hollywood Location
Situated in a highly desirable and appreciating North Hollywood neighborhood, offering excellent access to amenities and urban conveniences.
- Generous Lot Size
The property boasts a spacious 8,035 sqft lot, providing ample outdoor space for landscaping, potential expansion, or recreational use.
CONSRISKS & DEFICIENCIES
- Strict 'AS IS' Sale Condition
The seller explicitly states no repairs, concessions, or reductions, placing the full financial burden and risk of all necessary renovations and upgrades on the buyer.
- Older Construction & Potential for Updates
Built in 1947, the property is likely to require substantial investment in updating systems (plumbing, electrical, HVAC) and modernizing aesthetics to meet contemporary standards.
- Competitive Market Environment
The 'Multiple Offer Situation' indicates high buyer competition, which may lead to bidding wars and limit a buyer's negotiation power on price or terms.
About 8119 Irvine
Property being sold 'AS IS NO REPAIRS'. Seller will not negotiate any repairs, concessions or reductions once under contract unless they are lender required repairs. Multiple Offer Situation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 8,035 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,725 | 1,514 | 64% |
| Lot Size | 8,035 | 7,021 | 71% |
| Price | $1.05M | $850.0K | 83% |
| Price per sq ft | $609 | $609 | 50% |
| Built year | 1947 | 1954 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 175 | 7% |
Pricing History
Listed for Sale
Jan 14, 2026
$1,050,000
Initial Listing
Sold
Jan 6, 2010
$306,500
Public Record
Sold
Jun 9, 2005
$478,500
Public Record