11823 Blythe Street, North Hollywood, California 91605, North Hollywood, 91605 - 6 bed, 4 bath

11823 Blythe Street, North Hollywood, California 91605 home-pic-0
ACTIVE$850,000
11823 Blythe Street, North Hollywood, California 91605
6Beds
4Baths
2,311Sqft
10,792Lot
Year Built
1947
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$368
HOA
-
Days on market
-
Sold On
-
MLS number
SR25056333
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(50th), sqft - 2311(85th), beds - 6(98th), baths - 4(87th).

Price History

Date
Event
Price
03/13/25
Listing
$850,000
Condition Rating
Poor

The property was built in 1947, making it 77 years old. The single exterior image reveals an unkempt front yard and a significantly cracked concrete driveway, indicating deferred maintenance. While solar panels are visible on the roof, suggesting a recent functional upgrade, there are no interior images provided. The absence of interior photos for a property of this age strongly suggests that the kitchen, bathrooms, flooring, and other interior components are likely original or severely outdated, requiring substantial repairs and rehabilitation. This aligns with the 'Poor' condition criteria, as major components are likely to need extensive replacement or repair to meet modern standards and comfort.
Pros & Cons

Pros

High Bedroom/Bathroom Count: With 6 bedrooms and 4 bathrooms, this property offers exceptional capacity for large families, multi-generational living, or potential for rental income units, a rare find at this price point.
Generous Lot Size: The expansive 10,792 sqft lot provides ample outdoor space, privacy, and significant potential for property expansion or the addition of an Accessory Dwelling Unit (ADU).
ADU Development Potential: The large lot and existing high bedroom count make this property an excellent candidate for ADU conversion or addition, offering significant income potential or flexible living arrangements, highly sought after in Los Angeles.
Desirable North Hollywood Location: Situated in North Hollywood, the property benefits from a vibrant community, proximity to entertainment hubs, and convenient access to major freeways and amenities, enhancing its long-term appeal.
Strong Value Proposition: Priced at $850,000 for a 6-bed, 4-bath home on a large lot in North Hollywood, it presents a compelling value proposition in the current market for buyers seeking space and potential.

Cons

Property Age & Renovation Needs: Built in 1947, the property is likely to require significant updates to its core systems (plumbing, electrical, HVAC) and interior finishes to meet modern standards and buyer expectations, implying substantial capital expenditure.
Limited Marketing Visuals: The listing currently features only one image, which severely hinders potential buyers' ability to assess the property's interior condition, layout, and overall appeal, potentially limiting interest and requiring in-person visits for serious consideration.
Potential for Dense Interior Layout: The high bedroom count relative to the square footage (6 beds in 2311 sqft) suggests a potentially dense or compartmentalized interior layout, which may not align with modern open-concept preferences and could require reconfiguring.

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