11170 Burbank Boulevard, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath

11170 Burbank Boulevard, North Hollywood, California 91601 home-pic-0
ACTIVE$1,199,000
11170 Burbank Boulevard, North Hollywood, California 91601
0Bed
0Bath
3,039Sqft
5,296Lot
Year Built
1945
Close
-
List price
$1.2M
Original List price
$2.5M
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
PW25173510
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(44th), sqft - 3039(44th), beds - undefined(50th), baths - undefined(50th).

FIXER UPPER - multi-functional mixed-use property 3 separate properties on 1 lot, this property has 1 building used as a hair salon; 1 building used as a SFR w/3 bedroom w/1 bathroom and separate commercial building ready to be rented; property has 6-7 car onsite parking spots; each unit has its own electric, gas and water meter; situated in a prime NoHo art district location. See also MLS Listing PW25162801 as this property is listed as commercial property. Property has 3 addresses 11170, 11174 and 11178 Burbank Blvd., No Ho w/one APN 2350-005-109.

Price History

Date
Event
Price
11/23/25
Price Change
$1,199,000-7.7%
11/04/25
Price Change
$1,299,000-18.8%
10/03/25
Price Change
$1,599,000-11.1%
08/28/25
Price Change
$1,798,000-0.1%
08/09/25
Price Change
$1,799,000-28.0%
08/01/25
$2,500,000
Condition Rating
Poor

The property, built in 1945, is explicitly described as a 'FIXER UPPER' and shows significant signs of age and deferred maintenance. The residential unit's kitchen is extremely dated with old appliances and cabinets, requiring a complete renovation. While one commercial unit (hair salon) appears to have some newer flooring and lighting, the overall property, especially the residential component, is very old and requires substantial repairs and rehabilitation to meet modern standards. There are no visible updated bathrooms, and the presence of window AC units suggests an outdated cooling system. The property's age and condition indicate major components are likely beyond their expected lifespan, necessitating extensive upgrades.
Pros & Cons

Pros

Diverse Income Streams: The property features three separate units on one lot (hair salon, SFR, and a separate commercial building), offering multiple revenue sources and diversified income potential.
Prime Location: Situated in the 'prime NoHo art district,' providing high visibility, strong demand, and potential for appreciation for both commercial and residential tenants.
Separate Utilities: Each unit has its own electric, gas, and water meter, simplifying tenant billing, reducing landlord overhead, and promoting individual accountability.
Ample Onsite Parking: The property includes 6-7 dedicated onsite parking spots, a significant advantage in a dense urban area like North Hollywood, enhancing appeal for tenants and customers.
Value-Add Potential: Described as a 'FIXER UPPER' with multiple structures and addresses on one APN, it presents a substantial opportunity for renovation, optimization, and increased rental income or future redevelopment.

Cons

Fixer Upper Condition: Explicitly stated as a 'FIXER UPPER,' indicating that significant capital investment, renovation, and effort will be required to bring the property to its full potential.
Significant Price Reductions: The listing history shows a drastic price drop from $2.5M to $1.199M, which may suggest previous overpricing, difficulty in attracting buyers, or undisclosed underlying issues.
Age of Property: Built in 1945, the property is likely to have outdated infrastructure, deferred maintenance, and may require extensive upgrades to meet modern building codes and tenant expectations.

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