8129 Radford Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 6 bed, 4 bath
ACTIVE$1,275,000
8129 Radford Avenue, North Hollywood, California 91605
6Beds
4Baths
2,230Sqft
6,794Lot
Price Vs. Estimate
The estimated value ($1,145,898.495) is $129,101.505 (10%) lower than the list price ($1,275,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Income/Flexibility Potential: The property features two distinct homes on one lot, including a brand-new ADU, offering unparalleled versatility for rental income, multi-generational living, or a private retreat.
Top Cons:
Age of Main Structure: The original front home was built in 1950, which, despite remodeling, may still present underlying maintenance concerns or require future updates to systems not addressed in cosmetic renovations.
Compared to the nearby listings
Price:$1.27M vs avg $850.0K (+$425,000)89%
Size:2,230 sqft vs avg 1,580 sqft81%
Price/sqft:$572 vs avg $57547%
More Insights
Built in 1950 (75 years old).
Condition: The property consists of two homes: a thoughtfully remodeled front home and a brand-new ADU. Both units feature modern, high-end finishes, including open kitchens with premium stainless steel appliances, quartz/marble-look countertops, contemporary cabinetry, and beautifully designed bathrooms with modern fixtures and tiling. The flooring throughout is new, and lighting is updated with recessed lights and stylish fixtures. The overall condition, as evidenced by the description and images, indicates extensive recent renovations (likely within 5 years for the front home) and new construction (ADU), meeting current quality standards with no visible deferred maintenance.
Year Built
1950
Close
-
List price
$1.27M
Original List price
$1.5M
Price/Sqft
$572
HOA
-
Days on market
-
Sold On
-
MLS number
PW25179642
Home ConditionExcellent
Features
Patio
View-
About this home
Welcome to a rare find – two stunning homes on one lot! The front home has been thoughtfully remodeled, blending modern upgrades with timeless charm. Step inside to find spacious living areas, an open kitchen with premium appliances, and beautifully designed bathrooms. At the back, a brand-new ADU awaits – fully constructed with high-end finishes and a contemporary design. With 3 bedrooms and 2 bathrooms, it’s perfect as a guest home, private retreat, or income-generating rental. This property offers unmatched versatility – live in one, rent the other, or enjoy both with extended family. With luxury touches and functional layouts, this is more than a home – it’s a lifestyle upgrade.
Condition Rating
Excellent
The property consists of two homes: a thoughtfully remodeled front home and a brand-new ADU. Both units feature modern, high-end finishes, including open kitchens with premium stainless steel appliances, quartz/marble-look countertops, contemporary cabinetry, and beautifully designed bathrooms with modern fixtures and tiling. The flooring throughout is new, and lighting is updated with recessed lights and stylish fixtures. The overall condition, as evidenced by the description and images, indicates extensive recent renovations (likely within 5 years for the front home) and new construction (ADU), meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Exceptional Income/Flexibility Potential: The property features two distinct homes on one lot, including a brand-new ADU, offering unparalleled versatility for rental income, multi-generational living, or a private retreat.
Modern & High-End Finishes: Both units boast significant upgrades; the front home is 'thoughtfully remodeled' with 'premium appliances,' and the ADU features 'high-end finishes and contemporary design,' ensuring modern comfort and appeal.
Significant Price Adjustment: A substantial price reduction from an original list price of $1,500,000 to $1,275,000 indicates seller motivation and presents a potential value opportunity for buyers.
Turnkey Condition: With both homes recently updated or brand new, the property offers a move-in ready experience, minimizing immediate renovation needs for a buyer.
Desirable North Hollywood Location: Situated in North Hollywood, the property benefits from a vibrant urban environment with access to amenities, entertainment, and transportation.
Cons
Age of Main Structure: The original front home was built in 1950, which, despite remodeling, may still present underlying maintenance concerns or require future updates to systems not addressed in cosmetic renovations.
Above Estimated Market Value: The current list price of $1,275,000 is approximately 8% higher than the property's estimated value of $1,167,868, potentially impacting buyer perception of value and requiring strong justification.
Potential for Limited Private Outdoor Space: With two homes on a 6,794 sqft lot, individual private outdoor areas for each unit might be smaller or less defined, which could be a consideration for buyers seeking ample personal yard space.