4830 Sancola Avenue, North Hollywood, California 91601, North Hollywood, 91601 - 2 bed, 1 bath

4830 Sancola Avenue, North Hollywood, California 91601 home-pic-0
ACTIVE$1,100,000
4830 Sancola Avenue, North Hollywood, California 91601
2Beds
1Bath
987Sqft
5,627Lot
Year Built
1936
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$1,114
HOA
-
Days on market
-
Sold On
-
MLS number
OC25133253
Home ConditionTear down
Features
View-

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(49th), sqft - 987(15th), beds - 2(23th), baths - 1(26th).

Unlock this Hidden Gem! Welcome to 4830 Sancola Ave, a rare and exciting opportunity in one of Los Angeles’ most sought-after neighborhoods—Toluca Woods. This is your chance to transform potential into profit in a community known for its charm, prestige, and continued growth. Whether you're an investor, flipper, or savvy homebuyer looking to build potential equity, this 2-bedroom, 1-bath home with detached garage and ADU potential, offers the ideal canvas. Tucked away on a peaceful street, surrounded by beautifully maintained homes and just moments from Warner Bros Studios, fine dining, boutique shopping, and the exclusive Lakeside Golf Club, this location is second to none. The home is in need of a little TLC, making it an ideal renovation project. With rising home values in Toluca Woods and a market that rewards smart upgrades, the upside here is undeniable. Remodel, restore, or rebuild—whatever your vision, this property has the footprint and the neighborhood prestige to support it. Prime Location and Top-rated schools. Strong appreciation trends and value-add potential. Opportunities like this don’t last long. Bring your vision and turn this fixer into a dream home or value investment. Whether you're planning to rebuild from the ground up or creating your forever home, this is it! Don't miss this great opportunity.

Condition Rating
Tear down

Built in 1936, this property is explicitly marketed as a 'fixer' and an 'ideal renovation project,' with the listing agent suggesting options to 'remodel, restore, or rebuild—whatever your vision.' The phrase 'rebuild from the ground up' strongly indicates that the existing structure is considered to have minimal value and is likely beyond practical repair or modernization, making demolition a primary consideration. No interior images are provided, but the description implies extensive work is needed, aligning with a property whose value is primarily in the land and redevelopment potential.
Pros & Cons

Pros

Prime Toluca Woods Location: Situated in the highly desirable Toluca Woods neighborhood, known for its charm, prestige, and proximity to major studios (Warner Bros), upscale dining, boutique shopping, and the exclusive Lakeside Golf Club, with access to top-rated schools.
Significant Value-Add Opportunity: Marketed as an 'ideal renovation project' and 'fixer,' offering substantial potential for equity building and profit for investors or savvy homebuyers.
ADU Conversion Potential: The detached garage presents a clear opportunity for conversion into an Accessory Dwelling Unit, enhancing rental income potential or providing flexible living space.
Strong Market Appreciation: Located in an area experiencing 'rising home values' and 'strong appreciation trends,' indicating a robust investment climate.
Desirable Street & Community: Positioned on a peaceful street amidst well-maintained homes, contributing to a high quality of life and neighborhood appeal.

Cons

Extensive Renovation Required: The property is explicitly stated to be 'in need of a little TLC' and a 'fixer,' necessitating significant capital investment and effort for modernization and repairs.
Limited Interior Space: With only 987 sqft, 2 bedrooms, and 1 bathroom, the home offers a relatively small living footprint, which may not meet the needs of larger families or those desiring more expansive interiors.
Potential Overpricing: The current list price of $1,100,000 is considerably higher than the estimated property value of approximately $850,347, suggesting it may be overpriced given its current condition and required renovations.

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