4940 Arcola Avenue, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 4 bath

4940 Arcola Avenue, North Hollywood, California 91601 home-pic-0
ACTIVE$1,475,000
4940 Arcola Avenue, North Hollywood, California 91601
3Beds
4Baths
2,046Sqft
5,631Lot
Year Built
1941
Close
-
List price
$1.48M
Original List price
$1.48M
Price/Sqft
$721
HOA
-
Days on market
-
Sold On
-
MLS number
25609763
Home ConditionGood
Features
Pool
Spa
Patio
ViewTrees/Woods

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.48M(67th), sqft - 2046(72th), beds - 3(50th), baths - 4(72th).

Tucked into the heart of Toluca Woods, this updated traditional home with a pool and guest house is set privately on a tree-lined street. Custom millwork throughout the property adds warmth and a sense of craftsmanship, while sun-filled living spaces offer views into the backyard. The floor plan is smartly configured. The living room, with a fireplace, sits adjacent to the dining room, which connects to the kitchen and a den/flex space. The main house features two bedrooms and two bathrooms. Providing additional space for living or hosting, the detached guest house has been recently updated and is nearly 600 square feet in size. It includes a one-bedroom suite, living area, full bathroom, kitchenette with bar, and updated flooring and cabinetry. The backyard is private and well-suited for both entertaining and quiet evenings, complete with a newly installed outdoor kitchen and fire pit. The pool and spa are surrounded by mature landscaping, including a fruitful lemon tree. All this, just moments from the studios, freeways, farmers markets, and the NoHo Arts District.

Price History

Date
Event
Price
10/23/25
Listing
$1,475,000
Condition Rating
Good

The property, built in 1941, is described as an 'updated traditional home' with a 'recently updated' detached guest house. Images show a well-maintained interior with dark hardwood flooring in the main living areas and newer wood-look flooring in the guest house. The kitchen features stainless steel appliances, granite countertops, and knotty pine cabinets, which, while clean and functional, suggest a renovation from 10-15 years ago rather than a brand-new, contemporary style. Bathrooms are clean and functional but also lean towards a traditional or slightly dated aesthetic in fixtures and vanities. The overall condition is move-in ready with no immediate renovations required, aligning well with the 'Good' category, indicating a property extensively renovated within the last 5 to 15 years, with well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

Detached Guest House: A nearly 600 sqft detached guest house, recently updated with a full suite, living area, and kitchenette, offers significant versatility for extended family, rental income, or a dedicated workspace.
Prime Toluca Woods Location: Nestled in the highly sought-after Toluca Woods, the property boasts excellent proximity to major studios, freeways, farmers markets, and the vibrant NoHo Arts District.
Exceptional Outdoor Entertainment: The private backyard is an entertainer's dream, featuring a pool, spa, newly installed outdoor kitchen, and fire pit, all surrounded by mature landscaping.
Updated Traditional Charm: The main home showcases custom millwork, sun-filled living spaces, and a smartly configured floor plan, blending updated features with classic architectural appeal.
Private & Serene Setting: Set privately on a tree-lined street with a secluded backyard, the property offers a tranquil and intimate living environment.

Cons

Age of Main Structure (1941): Despite updates, the 1941 construction year of the main house may suggest potential for older underlying infrastructure or systems that could require future attention or upgrades.
Main House Bedroom Count: The primary residence offers only two bedrooms, which might be a limiting factor for larger families or buyers requiring more dedicated sleeping or office spaces within the main dwelling.
Higher Maintenance Demands: The extensive amenities, including a pool, spa, guest house, and mature landscaping, imply potentially higher ongoing maintenance and utility costs for the property.

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