8241 Babcock Avenue, North Hollywood, California 91605, North Hollywood, 91605 - bed, bath

8241 Babcock Avenue, North Hollywood, California 91605 home-pic-0
ACTIVE$1,250,000
8241 Babcock Avenue, North Hollywood, California 91605
0Bed
0Bath
2,564Sqft
6,000Lot
Year Built
1954
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$488
HOA
-
Days on market
-
Sold On
-
MLS number
AR25065399
Home ConditionGood
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.25M(67th), sqft - 2564(67th), beds - undefined(50th), baths - undefined(50th).

Discover this versatile two-home property in the thriving North Hollywood community, offering two modern units perfect for homeowners, investors, or multi-generational living. Conveniently located just 10 minutes from NoHo West, with easy access to schools, the 5 and 170 freeways. This property blends contemporary living with prime accessibility. Both units feature separate entrances for privacy. The main unit includes 3 bedrooms, 2 bathrooms, and an open-concept layout with a remodeled interior. The bright and airy living spaces are finished with modern touches, and central A/C ensures year-round comfort, creating a serene and inviting atmosphere. The second unit, a newly built 2-story ADU, offers 2 bedrooms and 2.5 bathrooms. It boasts a stylish open-concept design with high-end finishes and central A/C. This unit is ideal for rental income or extended family living. Additional features include a new roof with solar panels for energy efficiency, a 2-car garage with the potential to convert into another ADU, a large driveway that accommodates up to 3 cars, and plenty of street parking for both guests and residents. This exceptional property offers flexibility, style, and investment potential in one of LA’s fastest-growing neighborhoods. Don’t miss out on this rare opportunity!

Condition Rating
Good

The property consists of a main house built in 1954 and a newly built ADU. The main house has a remodeled interior, suggesting updates, while the ADU boasts high-end finishes. The presence of solar panels and central A/C indicates modern upgrades. While the main house is older, the overall condition appears to be move-in ready with no immediate major renovations required, placing it in the 'Good' category.
Pros & Cons

Pros

Income Potential: The property features a main unit and a newly built ADU, offering excellent rental income potential or multi-generational living options.
Modern Amenities: Both units boast modern, open-concept layouts with high-end finishes and central A/C, ensuring comfort and appeal to tenants or homeowners.
Energy Efficiency: The new roof with solar panels provides energy efficiency, potentially reducing utility costs and increasing the property's value.

Cons

Limited Parking: While there's a 2-car garage and driveway space for 3 cars, the availability of parking might be a concern for larger families or multiple tenants.
ADU Conversion Potential: Although the garage has ADU conversion potential, it requires additional investment and construction, which may deter some buyers.

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