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7237 Kraft Ave, North Hollywood, CA 91605
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7237 Kraft Ave North Hollywood, CA 91605

$1,149,999
  • 6 Beds
  • 3 Baths
  • 2,201 Sq.Ft.
For Sale
$1,149,999 Get Pre-Qualified
Map preview of 7237 Kraft Ave, North Hollywood, CA 91605

Property Overview: 7237 Kraft Ave North Hollywood, CA has 6 bedrooms, 3 bathrooms, 2,201 living square feet and 6,752 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this meticulously maintained duplex offering two units, two separate addresses. Perfect for savvy investors seeking income-generating potential. The recently renovated front unit features 3 bedrooms, 1 bathroom, and approximately 1008 square feet of living space, complete with modern amenities such as a new kitchen, washer/dryer. Meanwhile, the rear unit, offers comfortable living with 3 bedrooms, 2 bathrooms, walk-in closets, an in-unit laundry area, and a stylish kitchen. Both units are equipped with solar power, ensuring energy efficiency and cost savings for tenants. Both units are separate from one another by a vinyl fence. ADU drafted plans are available for the detached garage, presenting buyers with the opportunity for conversion into an additional dwelling unit, thereby maximizing the property's income potential. the ability to generate $3000-$4500 monthly rent, per unit. This property presents a lucrative investment opportunity. Conveniently located near Costco and Home Depot, with easy access to major freeways and public transportation. Whether you're an investor seeking rental income or an owner-occupant looking to maximize rental income potential, this property offers versatility and financial upside. Don't miss this rare opportunity to own an income-generating property in the heart of North Hollywood. Schedule your viewing today to explore the potential of this highly desirable duplex!

Listed by Lusine Piliposyan | BRE #02010076 | Keller Williams Studio City
Last checked: 11 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
6,752
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24371835
City
North Hollywood
County
Los Angeles
Time on Site
35 days

Open Houses for 7237 Kraft Ave

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Property Details for 7237 Kraft Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Walk-In Closet
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • No Attached Garage
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 2316022020
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From East of Sherman Way, Right on Kraft
View more facts & features

Local North Hollywood Agent

Sale History for 7237 Kraft Ave

Last sold for $667,000 on February 12th, 2021

  • March, 2024

  • Mar 28, 2024

    Date

    Canceled

    CRMLS: GD24030516

    $3,600

    Price

  • Feb 15, 2024

    Date

    Active

    CRMLS: GD24030516

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this charming home that features 3 bedrooms and 1 bathroom. This front house includes washer and dryer in the unit, along with SOLAR power. The home is walking distance to nearby Costco Wholesale & Home Depot. Beautiful yard with grass in front with a gated entry. The rent includes the Water bill.

  • March, 2024

  • Mar 27, 2024

    Date

    Active

    CRMLS: 24371835

    $1,245,000

    Price

  • February, 2021

  • Feb 12, 2021

    Date

    Sold

    CRMLS: SR20254159

    $667,000

    Price

  • Dec 19, 2020

    Date

    Pending

    CRMLS: SR20254159

    $599,000

    Price

  • Dec 9, 2020

    Date

    Active

    CRMLS: SR20254159

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    This is an excellent opportunity for first time home buyers. This North Hollywood property has 3 bedrooms, 1 bath, living and dining. Original wood floorings cover almost the entire home. A 2 car detached garage sits on an expansive concrete backyard that is perfect for outdoor gatherings for friends and family. The spacious driveway can comfortably park 4 vehicles. This property might need some cosmetic improvements, nothing that a little trip to home depot can't fix.

  • February, 2021

  • Feb 12, 2021

    Date

    Sold (Public Records)

    Public Records

    $667,000

    Price

  • October, 2005

  • Oct 21, 2005

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

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Tax History for 7237 Kraft Ave

Assessed Value (2020): $561,000
Year Land Value Improved Value Assessed Value
2020 $448,000 $113,000 $561,000

Home Value Compared to the Market

This property vs the competition

7237 Kraft Ave is listed 24.32% higher than the median list price for the city of North Hollywood which has a median list price of $925,000. The median price per/sqft for North Hollywood is $584 and this home is listed at $522.49 per/sqft which puts the price per square foot 10.53% lower than the median price per square foot for the city of North Hollywood.

About 7237 Kraft Ave

Detailed summary of property

7237 Kraft Ave is a single family home located in North Hollywood, CA 91605 and is currently for sale. This house offers 6 bedrooms, 3 bathrooms, roughly 2,201 living square feet, and sits on an approximately 6,752 square foot lot. 7237 Kraft Ave was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner is currently asking $1,149,999 and was originally asking $1,245,000. The median priced home in North Hollywood is $925,000 with a median price per square foot of $584. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is listed 24.32% higher than the median priced home. Local competing homes currently for sale include 7124 Woodrow Wilson Dr, 2331 Stanley Hills Dr and 6745 Gill Way. While the average home in North Hollywood, CA is selling in 89 days, 7237 Kraft Ave has a days on market of 28 days. There are currently 128 homes for sale in the North Hollywood real estate market and 100 of them are single family homes while 22 of them are condos and 6 are townhomes. For more information on this home for sale at 7237 Kraft Ave North Hollywood, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 7237 Kraft Ave

Public county record property details
Beds
3
Baths
1
Year built
1949
Sq. Ft.
1,008
Lot Size
6,750
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
143
APN
2316-022-020

The source for these homes facts are from public records.

91605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$542
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$491
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (25%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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