7115 Park Manor Avenue, North Hollywood, California 91605, North Hollywood, 91605 - 4 bed, 2 bath

7115 Park Manor Avenue, North Hollywood, California 91605 home-pic-0
ACTIVE$949,000
7115 Park Manor Avenue, North Hollywood, California 91605
4Beds
2Baths
1,322Sqft
6,099Lot
Year Built
1954
Close
-
List price
$949K
Original List price
$989K
Price/Sqft
$718
HOA
-
Days on market
-
Sold On
-
MLS number
SW24248387
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,5 Pros. Rank: price - $949.0K(64th), sqft - 1322(40th), beds - 4(62th), baths - 2(50th).

You'll Feel Right at Home in this Well-Cared-For Single-Story Gem! Situated in a prime North Hollywood location, this property offers a charming front yard and driveway with wrought iron gate, providing both privacy and curb appeal. This home features 4 bedrooms, 2 bathrooms, formal dining, spacious living room, and a 2-car garage. Upon entering, you’ll be welcomed by a private courtyard and an upgraded wood entry door. At the back of the home, an extended non permitted lanai (approximately 11.7 x 11.3 feet) opens through a French door from the kitchen nook, offering additional space for relaxation or entertaining. The natural wood flooring throughout the home enhances its warmth and character. The kitchen boasts granite tile countertops and stainless steel appliances, while the bedrooms feature mirrored wardrobe doors. Both bathrooms have been upgraded with tiled showers and granite countertops. One of the bedrooms includes French door access to the backyard, which features a covered patio and a spacious yard perfect for family gatherings or entertaining friends. Additional highlights include a backyard shed, a newer roof installed just a couple of years old, and essential upgrades like a central heating and air conditioning unit, along with a new water heater installed in January 2024. No HOA and close to everything, easy access to several freeways, even walking distance to great restaurant! Call today - don’t miss your opportunity to make it yours! (Click the 360 for Video tour)

Condition Rating
Good

This property, built in 1954, is in 'Good' condition due to significant recent updates to major systems, making it move-in ready. The roof was replaced a couple of years ago, and the water heater was installed in January 2024. It features central heating and air conditioning. The kitchen boasts stainless steel appliances and granite tile countertops, while both bathrooms have been upgraded with tiled showers and granite countertops. Natural wood flooring throughout adds to its appeal. Although the kitchen's granite tile might not be the most current style, the overall condition, recent system updates, and general upkeep indicate a well-maintained home with no immediate renovation needs.
Pros & Cons

Pros

Recent Capital Improvements: Key systems like the roof (newer), central heating/AC, and water heater (Jan 2024) have been recently updated, reducing immediate maintenance concerns for a buyer.
Updated Interior Finishes: The home features natural wood flooring, granite tile countertops with stainless steel appliances in the kitchen, and upgraded tiled showers with granite countertops in bathrooms, offering a modern and appealing aesthetic.
Desirable Outdoor Living Spaces: A private courtyard at the entry, a spacious backyard with a covered patio, and a shed provide ample opportunities for relaxation, entertaining, and storage.
Prime North Hollywood Location: Situated in a sought-after area with easy access to major freeways and within walking distance to local restaurants, enhancing convenience and lifestyle.
No HOA & Privacy: The absence of an HOA means no additional monthly fees or restrictive rules, complemented by a charming front yard with a wrought iron gate for added privacy and curb appeal.

Cons

Significant Overpricing: The current list price of $949,000 is substantially higher than the property's estimated value and recent comparable sales, potentially deterring prospective buyers and prolonging market time.
Non-Permitted Structure: The extended lanai is explicitly noted as 'non permitted,' which could lead to legal complications, require costly retrofitting, or impact future resale value.
Smaller Square Footage: At 1322 sqft, the property offers less living space compared to some recently sold 4-bedroom comparables in the immediate area, which might be a consideration for buyers seeking larger homes.

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