7141 Coldwater Canyon Avenue 5, North Hollywood, California 91605, North Hollywood, 91605 - 1 bed, 1 bath
ACTIVE$314,900
7141 Coldwater Canyon Avenue 5, North Hollywood, California 91605
1Bed
1Bath
650Sqft
79,998Lot
Year Built
1962
Close
-
List price
$315K
Original List price
$315K
Price/Sqft
$484
HOA
$265
Days on market
-
Sold On
-
MLS number
25591767
Home ConditionGood
Features
Pool
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $314.9K(50th), sqft - 650(50th), beds - 1(50th), baths - 1(50th).
Come see this little slice of heaven in North Hollywood. This first floor 1 bedroom apartment has a fantastic private patio for pets and BBQing. Laminate floors with a remodeled kitchen and bathroom. Move in ready. Has a great grass patio area in building and peaceful community. HOA includes water, trash, pool, gym, liability insurance and partial maintenance inside and full outside. Property is A Stock Coop and must be Owner Occupied. No renting or leasing. Great opportunity to own and build equity. Do not hesitate to call for more information. 1 Parking spot with a second optional. Laundry is located near the unit.
Price History
Date
Event
Price
09/12/25
Listing
$314,900
Condition Rating
Good
Despite being built in 1962, the property has undergone significant recent renovations, as evidenced by the remodeled kitchen and bathroom, and new laminate flooring throughout. The kitchen features updated white cabinetry, granite-look countertops, and stainless steel appliances (refrigerator). The bathroom boasts a modern vanity, new toilet, and updated tiling with a glass shower enclosure. While the property utilizes a wall-mounted AC unit rather than central air, the overall interior is clean, functional, and move-in ready, aligning with the criteria for a 'Good' condition score due to extensive updates within the last 5-15 years.
Pros & Cons
Pros
Remodeled & Move-in Ready: The apartment features laminate floors, a remodeled kitchen, and a remodeled bathroom, making it immediately move-in ready for a new owner.
Private Outdoor Space: A fantastic private patio offers dedicated outdoor space for pets and BBQing, a highly desirable amenity for a 1-bedroom unit.
Comprehensive HOA Inclusions: The HOA fee covers water, trash, pool, gym, liability insurance, and partial interior/full exterior maintenance, providing significant value and convenience.
Community Amenities: Residents benefit from a great grass patio area within the building and a peaceful community environment, enhancing the living experience.
Convenient Parking & Laundry: The property includes one parking spot with an optional second, and laundry facilities are conveniently located near the unit.
Cons
Stock Cooperative Ownership: As a Stock Cooperative, this non-traditional ownership structure can present challenges with financing options, resale liquidity, and specific legal considerations compared to condominiums.
Strict Owner-Occupancy Rule: The property is strictly owner-occupied with no renting or leasing allowed, severely limiting flexibility for future owners and eliminating investment potential.
Building Age: Built in 1962, the building is over 60 years old, which may raise concerns about aging infrastructure or potential for future major building-wide assessments, despite HOA coverage for exterior maintenance.