4831 1/2 Craner Avenue, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 4 bath

4831 1/2 Craner Avenue, North Hollywood, California 91601 home-pic-0
ACTIVE$949,000
4831 1/2 Craner Avenue, North Hollywood, California 91601
3Beds
4Baths
1,717Sqft
1,447Lot
Year Built
2018
Close
-
List price
$949K
Original List price
$1.02M
Price/Sqft
$553
HOA
$85
Days on market
-
Sold On
-
MLS number
SR25087582
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
Deck
Patio
ViewHills, Mountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $949.0K(41th), sqft - 1717(49th), beds - 3(50th), baths - 4(72th).

PRICE REDUCTION...Modern Corner Home in Prime Urban NOHO Location! Experience the best of city living at "Blu," a sleek 2019-built community of modern single-family homes in the heart of North Hollywood. This private corner unit is one of the largest in the development, featuring an oversized balcony, abundant natural light, and upscale finishes including custom window treatments from The Shade Store. Located just steps from the vibrant NOHO Arts District, this home puts you within easy walking distance of buzzing bars, trendy restaurants and local cafes. The main level includes a bedroom with ensuite bath and direct access to an EV-ready two-car garage. Upstairs, the open-concept kitchen, living, and dining area features stainless steel appliances, quartz countertops, custom pantry pull-outs, and opens to a generous outdoor space — perfect for morning space or relaxing after a night out. The upper level offers two ensuite bedrooms, including a primary suite with a dual-sink vanity and designer lighting. Cap it all off with a private rooftop deck boasting wood tiles, Edison lights, and sweeping views of the mountains and city — your own urban retreat. Modern, stylish, and move-in ready — all just a short stroll to the best of NOHO nightlife and dining!

Price History

Date
Event
Price
09/23/25
Price Change
$949,000-2.6%
08/16/25
Price Change
$974,500
05/02/25
Listing
$1,025,000
Condition Rating
Excellent

This property was built in 2018, making it only 6 years old, and is described as a 'modern' and 'sleek' home with 'upscale finishes.' The images confirm its excellent condition, featuring a contemporary kitchen with stainless steel appliances, quartz countertops, and modern white cabinetry. Bathrooms boast floating vanities, backlit mirrors, and glass-enclosed showers with stylish tiling. Hardwood floors are consistent throughout, and all fixtures and finishes appear new or virtually new, meeting current quality standards with no visible wear or deferred maintenance.
Pros & Cons

Pros

Exceptional Urban Location: Situated in the vibrant NOHO Arts District, offering excellent walkability to buzzing bars, trendy restaurants, local cafes, and nightlife.
Modern & Turnkey Condition: A sleek, recently built (2018/2019) corner unit featuring upscale finishes, an open-concept design, and is move-in ready with custom window treatments, stainless steel appliances, and quartz countertops.
Private Rooftop Deck with Views: Includes a private rooftop deck boasting wood tiles, Edison lights, and sweeping mountain and city views, providing a unique urban retreat.
Spacious & Well-Designed Layout: One of the largest corner units in the development, featuring abundant natural light, an oversized balcony, all ensuite bedrooms, and an EV-ready two-car garage.
Current Value Proposition: The property has undergone a significant price reduction from its original list price and is currently listed below its estimated market value, potentially offering a strong buying opportunity.

Cons

History of Price Reductions: Multiple price reductions from the original listing price may indicate a longer market time or initial overpricing, which could raise questions for potential buyers.
Limited Private Ground Space: As a corner unit in a modern urban development, the property features a very small lot size (1447 sqft), offering minimal private ground-level outdoor space.
Homeowners Association (HOA) Fees: The property is subject to monthly HOA fees, which, while modest at $85, add to the recurring costs of ownership and may come with community rules and restrictions.

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