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12500 Lull Street, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 2 bath

12500 Lull Street, North Hollywood, California 91605 home-pic-0
ACTIVE$925,000
12500 Lull Street, North Hollywood, California 91605
3Beds
2Baths
1,222Sqft
6,507Lot
Year Built
1953
Close
-
List price
$925K
Original List price
$975K
Price/Sqft
$757
HOA
-
Days on market
-
Sold On
-
MLS number
25550541
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $925.0K(62th), sqft - 1222(29th), beds - 3(50th), baths - 2(50th).

Charming Corner Home with Endless Potential. This exceptional corner property sits on a spacious 6,500+ sq. ft. lot, offering tremendous opportunities for homeowners and investors alike. With over 21 windows throughout, the home is filled with an abundance of natural light, creating a warm and inviting atmosphere. Featuring 3 bedrooms and 2 bathrooms, the home includes a generous covered outdoor patio perfect for entertaining along with a two-car garage and a large storage shed. The expansive front and back yards provide plenty of room to add an ADU or to relax, garden, or expand. Located in a desirable area, this property offers unlimited potential. With the right vision, this hidden gem is ready to shine even brighter.

Price History

Date
Event
Price
10/26/25
Price Change
$925,000
07/06/25
Listing
$975,000
Condition Rating
Fair
Built in 1953, this property is aged and the listing description explicitly states 'Endless Potential' and 'ready to shine even brighter,' indicating a need for significant modernization and updates. While the exterior appears maintained with some newer elements like windows and a vinyl fence, the landscaping is neglected. Without interior photos, a direct assessment of the kitchen and bathrooms is impossible, but given the age and description, they are highly likely to be outdated in style and features, requiring renovation to meet current standards. The property is functional but shows clear signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Large Corner Lot & ADU Potential: The property boasts an exceptional 6,500+ sq. ft. corner lot, offering significant space for expansion, gardening, or the addition of an Accessory Dwelling Unit (ADU), which is highly desirable for increasing property value and rental income.
Abundant Natural Light: With over 21 windows throughout, the home is filled with an abundance of natural light, creating a warm, inviting, and bright living atmosphere.
Desirable North Hollywood Location: Located in a desirable area of North Hollywood, the property benefits from a sought-after neighborhood, enhancing its appeal and long-term value.
Outdoor Entertainment & Practical Amenities: Features a generous covered outdoor patio perfect for entertaining, a functional two-car garage, and a large storage shed, adding significant practical value and lifestyle benefits.
Investment & Value-Add Opportunity: Described as having 'Endless Potential' and a 'hidden gem ready to shine even brighter,' this property is ideal for homeowners or investors looking to customize, renovate, and significantly increase its value.

Cons

Age and Implied Need for Updates: Built in 1953, the home's age, coupled with descriptions like 'Endless Potential' and 'ready to shine even brighter,' suggests it likely requires significant modernization and renovation to meet contemporary buyer expectations and maximize its appeal.
Recent Price Reduction: The property has undergone a $50,000 price reduction from its original list price of $975,000 to $925,000, which could indicate initial overpricing or a market perception that the current condition does not justify the higher value.
Modest Interior Square Footage: At 1222 sq. ft. for a 3-bedroom, 2-bathroom home, the interior living space is relatively modest, which might be a drawback for buyers seeking more expansive indoor areas, especially given the generous lot size.

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