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12540 Barbara Ann Street, North Hollywood, California 91605, North Hollywood, 91605 - 3 bed, 2 bath

12540 Barbara Ann Street, North Hollywood, California 91605 home-pic-0
ACTIVE$1,200,000
12540 Barbara Ann Street, North Hollywood, California 91605
3Beds
2Baths
1,671Sqft
5,701Lot
Year Built
1953
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$718
HOA
-
Days on market
-
Sold On
-
MLS number
CV25014697
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 43% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(87th), sqft - 1671(62th), beds - 3(50th), baths - 2(50th).

NORTH HOLLYWOOD HOME ALONG WITH ADU - This is an exceptional home that is well kept inside and outside, spacious interior with 3 bedrooms, fireplace and beautiful kitchen. A PLUS IS THE ADU that is behind the home, with its own address and utitlities. The newly built ADU has little over 500 square feet, with one bedroom, all new kitchen, family area and laundry room..Ample parking space for both homes. Come and take a look at this property, great property for a large family or if you just want a family member, friend or just to rent it out. No garage but ample parking that will accomodate both homes.

Condition Rating
Excellent
This property features a newly built ADU with an all-new kitchen, family area, and laundry room, which is in excellent condition. The main house, though built in 1953, has been extensively renovated, showcasing a beautiful, modern kitchen with white shaker cabinets, stainless steel appliances, and subway tile backsplash. The bathrooms in the main house are also updated with contemporary fixtures and tiling. Hardwood flooring throughout the main living areas and bedrooms appears well-maintained, indicating a high standard of recent renovation and minimal physical depreciation, aligning with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Income-Generating ADU: The property includes a newly built Accessory Dwelling Unit (ADU) with its own address and utilities, offering significant potential for rental income or flexible multi-generational living.
Well-Maintained Condition: The main home is described as 'exceptional' and 'well kept inside and outside,' suggesting good overall condition and potentially fewer immediate repair needs.
Modern ADU Amenities: The newly built ADU features an all-new kitchen, family area, and laundry room, providing modern conveniences and appeal for its occupants.
Ample Parking: The property offers ample parking space for both homes, addressing a common concern in urban areas, especially in the absence of a garage.
Spacious Main House Interior: The main house boasts a spacious interior with 3 bedrooms and a beautiful kitchen, appealing to families seeking comfortable living.

Cons

Significant Overpricing: The listing price of $1,200,000 is substantially higher than the estimated property value of $677,621.73, indicating a potential overvaluation of approximately 43%.
Lack of Garage: Despite ample open parking, the property does not include a garage, which may be a drawback for buyers desiring covered parking, additional storage, or enhanced security.
Age of Main Structure: The main house was built in 1953, and while well-kept, older construction can sometimes imply aging systems or require more frequent maintenance compared to newer properties.

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