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Michelle Esquivel

michelle@michellehomesellingteam.com +1(626) 210-4088

$ 999,000

Est. payment | -/mo

4 Beds

4 Baths

1,920 SqFt

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$ 999,000

Est. payment | -/mo

Save

4 Beds

4 Baths

1,920 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $520

MLS Listing ID SR26114834

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1991

Lot Size 5,214 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to this unique North Hollywood property offering immediate value, income potential, and future development opportunities. Situated on a spacious lot in a desirable neighborhood, this versatile property is ideal for homeowners, investors, and developers alike. The home features a functional floor plan with comfortable living spaces, spacious bedrooms, and private outdoor areas. Fully paid-off solar panels provide energy efficiency and long-term savings for the next owner. A major highlight of the property is the pending permit for a two-story detached dwelling positioned on the side of the lot, creating the feel of two separate properties. This presents an excellent opportunity for multigenerational living, rental income, or increased property value. Additionally, there is potential to convert the attached garage of the main residence into a third dwelling unit (buyer to verify), further maximizing the property's income-producing potential. The property can be delivered vacant for an owner-user or with a strong tenant already in place paying top-of-market rental rates, offering immediate cash flow for investors. Conveniently located near shopping, dining, entertainment, and major freeway access, this property presents a rare opportunity to own a property with multiple paths for growth and income in the heart of North Hollywood!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Interior Features Recessed Lighting, Primary Suite

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Door-Single, Driveway, Garage Faces Front, Garage, Gated

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard, Front Yard

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2317007046

Security Features Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ofri Peretz Luxury Collective 818-569-9947, DRE #02067014

NEARBY SCHOOL & BUSINESS

+1(626) 210-4088

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

7723 Simpson AVE North Hollywood, CA 91605

Michelle Esquivel

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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7723 Simpson AVE