Welcome to an unparalleled investment opportunity in the heart of North Hollywood! This 918 sqft uninhabitable property sits on a sprawling 15,000 sqft flat lot, making it an ideal canvas for investors and developers alike. With its unbeatable location and limitless potential, this property is a blank slate waiting to transform into something extraordinary. This expansive 15,000 sqft lot offers incredible development possibilities. Imagine the potential of constructing not one, but two spacious 2,700 sqft single-family homes, each equipped with a 1-car garage. There is potential to convert one of the garages into a 4th unit! Additionally, the property's vast footprint allows for the creation of a 1,200 sqft Accessory Dwelling Unit (ADU) at the rear, adding even more value to this investment. This property represents a golden opportunity to capitalize on the high demand for housing in North Hollywood. Don't miss your chance to shape the future of this prime piece of real estate. Act now and turn this blank canvas into a profitable masterpiece. Contact us today to learn more about this outstanding investment opportunity!
Property Details
Property Features
Property Information:
Year Built: 1926
Stories: 1
Living Area: 918 SqFt
Listing Office:
Office Name: Vista Pacific Realty
Office Phone: (818) 536-1260
Listing Agent: Harut Seropian
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
John H. Francis Polytechnic, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Sun Valley Engineering and Technology Magnet, Public Magnet Grades 6-9
Studio, Public District Grades 6-8
Julie Korenstein Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Hollywood FWY (170) North Exit 9 Sherman Way, Sherman Way East, Left on Laurel Canyon, Right on Saticoy, Left on Ben Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $979,888
Price Per SqFt: $1,067/SqFt
Tax Information:
Annual Amount: $7,111
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $6.5K less than the Median Sold Price and $435/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24051744
Listing Office:
Office Name: Vista Pacific Realty
Office Phone: (818) 536-1260
Listing Agent: Harut Seropian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 8:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 28, 2018
Sep 28, 2018Home Sold
$555,000
Jun 09, 2017
Jun 09, 2017Home Sold
$405,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,111
$571,963
2020
$6,898
$566,100
2019
$5,248
$555,000
2018
$3,846
$413,100
2017
$3,846
$297,087
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,958
Per Month
Principal & Interest
$4,891
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,004
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Julie Korenstein Elementary School
7650 Ben Ave
Distance between this listing and this school0.06 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.10 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school14.52 miles
Public Magnet Grades 1-5
Middle School
4
/10
Sun Valley Engineering and Technology Magnet
7330 Bakman Ave
Distance between this listing and this school1.05 miles
Public Magnet Grades 6-9
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school11.60 miles
Public District Grades 6-8
High School
5
/10
John H. Francis Polytechnic
12431 Roscoe Blvd
Distance between this listing and this school1.06 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school6.24 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school15.83 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Julie Korenstein Elementary School
7650 Ben Ave
Distance between this listing and this school0.06 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.10 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school14.52 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Sun Valley Engineering and Technology Magnet
7330 Bakman Ave
Distance between this listing and this school1.05 miles
Public Magnet Grades 6-9
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school11.60 miles
Public District Grades 6-8
Nearby Schools
6
/10
Celerity Cardinal Charter
7330 Bakman Ave
Distance between this listing and this school1.05 miles
Public Charter Grades KG-8
Assigned Schools
5
/10
John H. Francis Polytechnic
12431 Roscoe Blvd
Distance between this listing and this school1.06 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school6.24 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school15.83 miles
The neighbors living near this home have an average income of $45,063. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7629 Ben Ave
What is the listing price of this property?
The listing price of 7629 Ben Ave property is $979,888.
What type of property is this?
The property 7629 Ben Ave is a house located in North Hollywood, California, 91605.
Is this property for sale now?
Active Listing: 7629 Ben Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7629 Ben Ave are: Julie Korenstein Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Sun Valley Engineering and Technology Magnet: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10John H. Francis Polytechnic: GreatSchools Rating 5/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $7,111 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 28, 2018 for $555,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 7629 Ben Ave has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 7629 Ben Ave is 918 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7629 Ben Ave is 1926.
This home is located at 7629 Ben Ave in North Hollywood, CA and zip code 91605 in the The San Fernando Valley neighborhood. This 918 square foot home, which was built in 1926, sits on a 0.34 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $979,888.
Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.