12422 Sylvan Street, North Hollywood, California 91606, North Hollywood, 91606 - 3 bed, 2 bath
ACTIVE$1,175,000
12422 Sylvan Street, North Hollywood, California 91606
3Beds
2Baths
1,413Sqft
7,671Lot
Year Built
1967
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
$832
HOA
-
Days on market
-
Sold On
-
MLS number
25601061
Home ConditionTear down
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.18M(78th), sqft - 1413(43th), beds - 3(50th), baths - 2(50th).
3Br-2Ba fixer situated on almost 8000 Sq ft lot -Making it a perfect canvas for your dream home. This is an amazing opportunity to Re develop this property on one of the best tree-lined streets in the prime Valley Glen. Whether you are a Builder & Investor looking to build new home/Income & Investment property or an owner- user looking to create your Dream house your will find this property desirable. Close to places of worship, shopping /NoHo Shopping Center and more. Sold in It's AS IS Condition.
Nearby schools
6/10
John B. Monlux Elementary School
Public,•K-5•0.4mi
5/10
Bellingham Elementary School
Public,•K-5•0.6mi
5/10
Victory Boulevard Elementary School
Public,•K-5•0.7mi
5/10
Coldwater Canyon Elementary School
Public,•K-5•0.9mi
7/10
Burbank Boulevard Elementary School
Public,•K-5•1.0mi
6/10
Erwin Elementary School
Public,•K-5•1.2mi
3/10
Maurice Sendak Elementary School
Public,•K-5•1.4mi
4/10
Kittridge Street Elementary School
Public,•K-5•1.5mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•2.3mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•2.3mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•2.3mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•2.7mi
4/10
Roy Romer Middle School
Public,•6-8•0.5mi
5/10
James Madison Middle School
Public,•6-8•1.1mi
6/10
Walter Reed Middle School
Public,•6-8•2.4mi
2/10
Van Nuys Middle School
Public,•6-8•2.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•0.9mi
8/10
North Hollywood Senior High School
Public,•9-12•1.6mi
6/10
Van Nuys Senior High School
Public,•9-12•2.9mi
Price History
Date
Event
Price
10/03/25
Listing
$1,175,000
Condition Rating
Tear down
Built in 1967, this property is over 50 years old. The listing explicitly describes it as a 'fixer' and an 'opportunity to Re develop this property' for 'Builder & Investor looking to build new home.' The images confirm a severely dilapidated state: the kitchen features extremely outdated and damaged cabinets, missing appliance panels, dirty countertops, and old flooring. Other rooms show worn hardwood floors, dirty walls, and general disrepair. The overall condition suggests the structure is beyond economical repair, and its value lies primarily in the land for redevelopment.
Pros & Cons
Pros
Significant Redevelopment Potential: The property is explicitly marketed as a 'fixer' and 'perfect canvas' for redevelopment, appealing to builders, investors, and owner-users looking to customize or build new.
Generous Lot Size: An 'almost 8000 Sq ft lot' (7671 sq ft) provides ample space for expansion, new construction, or extensive landscaping, a valuable asset in urban areas.
Prime Valley Glen Location: Situated on 'one of the best tree-lined streets in the prime Valley Glen,' indicating a desirable and potentially appreciating neighborhood.
Convenient Access to Amenities: Close proximity to 'places of worship, shopping /NoHo Shopping Center and more' enhances daily living convenience and market appeal.
Strong School District Access: Located near several public schools, including highly-rated North Hollywood Senior High School (rating 8) and John B. Monlux Elementary (rating 6), which is attractive for families.
Cons
As-Is Fixer Condition: The property is explicitly described as a 'fixer' and sold 'AS IS,' indicating substantial renovation or reconstruction costs will be required, which could deter some buyers.
Potential Overpricing: The listing price of $1,175,000 is 17% higher than the estimated property value of $965,719.01, suggesting it may be overpriced given its current condition and required investment.
Age of Structure: Built in 1967, the existing structure is over 50 years old, likely necessitating significant updates to plumbing, electrical, HVAC, and other major systems if not fully redeveloped.