RealKey
‪(213) 433-7766‬

4839 Westpark Drive, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 2 bath

4839 Westpark Drive, North Hollywood, California 91601 home-pic-0
ACTIVE$1,525,000
4839 Westpark Drive, North Hollywood, California 91601
3Beds
2Baths
2,843Sqft
10,395Lot
Year Built
1932
Close
-
List price
$1.52M
Original List price
$1.65M
Price/Sqft
$536
HOA
-
Days on market
-
Sold On
-
MLS number
SR24252530
Home ConditionGood
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 - $1.52M(67th), sqft - 2843(87th), beds - 3(50th), baths - 2(50th).

Charming Sprawling Ranch Home in Valley Village Nestled on a generous 10,398 sqft corner lot, this expansive ranch-style residence offers 2,843 sqft of thoughtfully designed living space. Featuring 3 bedrooms, 2 bathrooms, and a versatile family room, the home also includes a flex space with its own kitchen, bathroom, and private entrance. The heart of this home is the formal living room, which boasts impressive vaulted ceilings with exposed beams and trusses, creating an inviting and airy atmosphere. Adjacent, the dining area features elegant arched doorways and detailed ceiling work. Throughout the home, beautiful wood floors provide a warm, timeless feel. A central hallway leads to the three bedrooms, including a primary suite with a walk-in closet. A separate reading nook or office area offers a quiet retreat for work or relaxation. The chef’s kitchen has been tastefully remodeled with sleek quartz countertops, a farmhouse sink, stainless steel appliances, and recessed lighting, perfect for culinary endeavors.The flex space, with its own entry, kitchen, bath, provides privacy and comfort with potential to be used as a guest house, game room, additional family room, or just an overall multi-use space. Additional features of this home include an updated HVAC system, a two-car garage, updated electrical systems, and drought-tolerant landscaping. Located within the highly sought-after Colfax Charter School district, this property combines classic charm with modern convenience—an ideal home for today’s lifestyle.

Condition Rating
Good
This 1932-built home has undergone significant and recent updates, making it move-in ready. The main kitchen has been tastefully remodeled with sleek quartz countertops, a farmhouse sink, stainless steel appliances, and recessed lighting, indicating a modern and high-quality renovation. Crucially, the HVAC and electrical systems have also been updated, addressing major concerns for an older property. While the main bathroom appears functional and clean, its style (wood vanity, terra cotta-like tiles) suggests it may not be as recently updated as the kitchen, or reflects a more traditional aesthetic. The property also features beautiful wood floors throughout much of the main living areas and a versatile flex space with its own kitchen and bath, adding considerable value and functionality. These extensive updates to key areas and systems, combined with well-maintained original features, align perfectly with the 'Good' rating, indicating a property that is comfortable, functional, and requires no immediate renovations, even if not every single component is brand new.
Pros & Cons

Pros

Versatile Flex Space: The property includes a highly versatile flex space with its own kitchen, bathroom, and private entrance, offering significant potential for a guest house, rental income, multi-generational living, or a dedicated home office.
Desirable Location & School District: Nestled in Valley Village and within the highly sought-after Colfax Charter School district, this location is a major draw for families and contributes to long-term property value.
Extensive Modern Updates: Recent renovations include a tastefully remodeled chef’s kitchen with high-end finishes, an updated HVAC system, and updated electrical systems, providing modern comfort and reducing immediate buyer expenses.
Architectural Charm & Character: The home retains classic charm with impressive vaulted ceilings, exposed beams and trusses, elegant arched doorways, detailed ceiling work, and beautiful wood floors, offering unique aesthetic appeal.
Generous Corner Lot: Situated on a generous 10,398 sqft corner lot, the property offers ample outdoor space, enhanced privacy, and strong curb appeal.

Cons

Significant Overpricing: The listing price of $1.525M is substantially higher than the estimated property value of $864,544, indicating a potential overvaluation that could deter buyers and complicate financing.
Age-Related Maintenance Potential: Despite recent updates, a home built in 1932 may still present unforeseen maintenance challenges or require further modernization of original components not covered by current renovations.
Lack of Premium Outdoor Amenities: While featuring a large lot, the property description does not highlight premium outdoor amenities such as a pool or elaborate entertainment areas, which are often expected in this price range and climate.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state