5503 Cartwright Avenue, North Hollywood, California 91601, North Hollywood, 91601 - 2 bed, 1 bath

5503 Cartwright Avenue, North Hollywood, California 91601 home-pic-0
ACTIVE$1,150,000
5503 Cartwright Avenue, North Hollywood, California 91601
2Beds
1Bath
1,196Sqft
5,854Lot
Year Built
1940
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$962
HOA
-
Days on market
-
Sold On
-
MLS number
25548527
Home ConditionExcellent
Features
Patio
View

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.15M(50th), sqft - 1196(26th), beds - 2(23th), baths - 1(26th).

Welcome to this charming and meticulously remodeled 2 bed/1 bath home in the heart of North Hollywoodthoughtfully designed and perfect for those seeking comfort and style. Step inside to an inviting living space with beautiful original wood floors stretching throughout, complemented by two cozy gas fireplaces that create a warm atmosphere. The cook's kitchen features modern amenities with butcher block countertops and a vintage stove. The bespoke bathroom exudes elegance and sophistication, adding a touch of luxury to everyday living. A private wood paneled den/office provides an additional space for respite. Enjoy ample private outdoor space with a welcoming porch, serene patio, and large backyard, perfect for relaxing and entertaining amidst the home's drought-tolerant landscaping. The property sits on a corner lot which enhances its appeal by offering additional privacy and an abundance of natural light. With a formal dining room, two-car garage, central air and heat, and convenient laundry area, this home has been designed to cater to your every need. Experience a seamless blend of traditional charm and modern convenience in this beautiful home, which also offers close proximity to the Chandler Bike Path, Moby's Coffee & Tea Co, Jackalope Pottery, Midcentury LA Furniture store, highly regarded Toluca Lake Elementary, and all the action in NoHo Arts District.

Condition Rating
Excellent

Despite being built in 1940, this property has been 'meticulously remodeled' as described, with a clear focus on modern comfort and style. The kitchen features modern amenities with butcher block countertops and a stylish vintage stove, while the 'bespoke bathroom' is elegantly updated with contemporary fixtures, vanity, and tiling. Original hardwood floors are beautifully maintained, and the home benefits from central air and heat. The overall condition, including fresh paint, modern light fixtures, and well-kept outdoor spaces, indicates a very recent and comprehensive renovation, bringing it to current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Meticulously Remodeled Interior: The home boasts a thoughtful and high-quality remodel, including a modern cook's kitchen with unique features (butcher block, vintage stove) and a bespoke, elegant bathroom.
Exceptional Outdoor Living & Corner Lot: Offers ample private outdoor space with a welcoming porch, serene patio, large backyard, and drought-tolerant landscaping, enhanced by the privacy and natural light of a corner lot.
Versatile Dedicated Spaces: Features a private wood-paneled den/office and a formal dining room, providing flexible and distinct areas for living and working.
Modern Comforts & Practical Amenities: Equipped with central air and heat, two cozy gas fireplaces, a two-car garage, and a convenient laundry area, ensuring contemporary living standards.
Prime North Hollywood Location: Situated in a highly desirable area with close proximity to popular local amenities, including the Chandler Bike Path, cafes, shops, a highly-rated elementary school, and the NoHo Arts District.

Cons

Limited Bathroom Count: The property features only one bathroom for two bedrooms, which may be a significant constraint for families or those desiring more convenience.
Potential Overpricing: The current list price of $1,150,000 is considerably higher than the estimated property value of $924,250.13, potentially impacting market competitiveness.
Age of Original Construction: Despite extensive remodeling, the home's original build year of 1940 could present concerns regarding underlying infrastructure or future maintenance for some buyers.

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