6213 Farmdale Avenue, North Hollywood, California 91606, North Hollywood, 91606 - 5 bed, 3 bath

6213 Farmdale Avenue, North Hollywood, California 91606 home-pic-0
ACTIVE$1,299,000
6213 Farmdale Avenue, North Hollywood, California 91606
5Beds
3Baths
2,104Sqft
6,902Lot
Year Built
1941
Close
-
List price
$1.3M
Original List price
$1.35M
Price/Sqft
$617
HOA
-
Days on market
-
Sold On
-
MLS number
25553945
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(82th), sqft - 2104(80th), beds - 5(84th), baths - 3(55th).

Two Detached Homes on One Lot. Incredible investment opportunity in prime North Hollywood! This well-maintained property features two fully detached homes, each with its own address and separate electric meter, on a 6,899 sq ft lot. The front house (6213 Farmdale Ave) is a beautifully remodeled 2 bed, 1 bath home currently leased at $3,000/month. Features include laminate flooring, recessed lighting, ductless mini-split A/C units, an updated kitchen with quartz countertops, stainless steel appliances, a fireplace, and washer/dryer hookups. The rear home (6211 Farmdale Ave) is a permitted 2021-built ADU offering 3 bedrooms, 2 bathrooms, and approximately 1,200 sq ft of living space. Currently leased at $3,500/month, this unit features central A/C, an open-concept layout, a large 3x7 quartz kitchen island, recessed lighting, dual-pane windows, and stainless steel appliances. The ADU also includes a paid-off 24-panel solar system, significantly reducing electric costs, and two LID (Low Impact Development) systems for rainwater harvesting. The spacious yard between the homes provides ample room for outdoor activities or future enhancements. With great tenants already in place, this is a high-yield, low-maintenance property ready for savvy investors or families seeking rental income.

Nearby schools

3/10
Maurice Sendak Elementary School
Public,K-50.4mi
5/10
Fair Avenue Elementary School
Public,K-50.5mi
5/10
Victory Boulevard Elementary School
Public,K-50.6mi
4/10
Oxnard Street Elementary School
Public,K-50.8mi
5/10
Bellingham Elementary School
Public,K-51.2mi
6/10
Lankershim Elementary School
Public,K-51.3mi
7/10
Burbank Boulevard Elementary School
Public,K-51.3mi
4/10
Camellia Avenue Elementary School
Public,K-51.4mi
6/10
John B. Monlux Elementary School
Public,K-51.6mi
2/10
Julie Korenstein Elementary School
Public,K-5 & ungraded1.9mi
8/10
Bret Harte Elementary School
Public,K-52.0mi
7/10
Toluca Lake Elementary School
Public,K-52.1mi
8/10
Providencia Elementary School
Public,K-52.1mi
5/10
Strathern Street Elementary School
Public,K-52.4mi
9/10
Theodore Roosevelt Elementary School
Public,K-52.5mi
7/10
Rio Vista Elementary School
Public,K-52.6mi
4/10
Roy Romer Middle School
Public,6-80.9mi
6/10
Luther Burbank Middle School
Public,6-81.7mi
6/10
Walter Reed Middle School
Public,6-82.1mi
5/10
David Starr Jordan Middle School
Public,6-83.9mi
6/10
Arroyo Seco Museum Science
Public,K-811.7mi
3/10
East Valley Senior High School
Public,9-121.1mi
8/10
North Hollywood Senior High School
Public,9-121.3mi
5/10
Sun Valley Engineering And Technology Magnet
Public,6-121.4mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,7-121.8mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.0mi
6/10
John H. Francis Polytechnic
Public,9-122.9mi
7/10
Burroughs High School
Public,9-123.2mi
8/10
Burbank High School
Public,9-123.8mi
Condition Rating
Good

The property consists of two detached homes. The front house, built in 1941, has been remodeled with an updated kitchen featuring quartz countertops and stainless steel appliances. The rear ADU was built in 2021 and also features a modern kitchen with a quartz island and stainless steel appliances. Both units appear to be in good condition based on the images, with updated bathrooms and flooring. While the front house is older, the remodeling brings it up to a good standard. The ADU is relatively new. Overall, the property is move-in ready and well-maintained.
Pros & Cons

Pros

Investment Opportunity: Two detached homes on one lot provide a strong rental income potential.
Newer ADU: The permitted 2021-built ADU offers modern amenities and desirable features.
Solar System: Paid-off 24-panel solar system significantly reduces electricity costs for the ADU.
Rental Income: Both homes are currently leased with a combined monthly income of $6,500.
Updated Features: The front house features updated kitchen with quartz countertops and stainless steel appliances.

Cons

Original House Age: The front house was built in 1941, which may require ongoing maintenance.
Lot Size: While adequate, the lot size is not exceptionally large, potentially limiting expansion possibilities.
Price Reduction: The property has experienced a price reduction, which may indicate market resistance or perceived value concerns.

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