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5816 Lemp Ave, North Hollywood, CA 91601

Sale Price: $1,218,000
May 4, 20242,008 sqft3 beds2 baths
Listed by: Dennis Chernov
License #: 01850113
Phone #: 818-432-1524
The Agency
Source:
CRMLS Logo
MLS #: SR24089312

Property Description

Welcome to this charming property that boasts two houses on one lot in the heart of the North Hollywood Arts District. The front house has been tastefully remodeled inside and out, including refinishing of the original hardwood floors. Oversized windows flood the interior with warm natural light, making the spacious open floor plan feel light and airy. The living and dining room open up to a gourmet kitchen equipped with stainless steel appliances and a large waterfall island. There are two generously sized bedrooms and a remodeled bathroom with a double vanity. Built in 2014, the back house features a cozy lofted bedroom, chic bathroom with a restored vintage clawfoot tub, full kitchen with a Viking stove, 18 ft vaulted wood beamed ceilings and french doors. This space offers endless potential, utilize it as an office, music studio, gym or a separate living space for family or Airbnb rental. Outside, you can enjoy entertaining guests on the deck or patio. There’s also ample space for kids or pets to play in the grassy yard or under the gorgeous mulberry tree out front. One of the best parts of this lovely dog and family friendly tree-lined street are the incredible neighbors. Additional amenities include a large laundry room and two car garage that is attached to the back house. Excellent location, walking distance to Trader Joe’s, coffee shops, great bars/restaurants on Magnolia and the center of the NoHo Arts District. It is also a prime location to get around LA- a short drive to the 170, 101 and 134 freeways.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,012

TurboHome Estimated Value

$1,324,400

$660 sqft

High Valuation
$1,390,620
$693/sqft
Normal Valuation
$1,324,400
$660/sqft
Low Valuation
$1,258,180
$627/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$660/sqft$1,324,400

Neighborhood: North Hollywood

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Comparative Value

$955K

$1.19M

$1.65M

$1.75M

6008 Simpson Ave, North Hollywood, CA 91606

Sale Price: $955,000

Selected Comparable

5749 Irvine Ave, North Hollywood, CA 91601

Sale Price: $1,185,000

Selected Comparable

5816 Lemp Ave, North Hollywood, CA 91601

Sale Price: $1,218,000

Selected Comparable

5816 Lemp Ave, North Hollywood, CA 91601

List Price: $1,248,000

Subject Property

5725 Lemp Ave, North Hollywood, CA 91601

Sale Price: $1,649,000

Selected Comparable

5829 Irvine Ave, North Hollywood, CA 91601

Sale Price: $1,750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5816 Lemp Ave, North Hollywood, CA 91601

5816 Lemp Ave, North Hollywood, CA 91601

List: $1,248,000

Listed: 5/4/2024

Area:2,008 sqft
Price/sqft:$622
Beds:3
Baths:2
Year Built:
Lot Size:6,596

Comparable Properties

COMPARABLE
Choose comps
5816 Lemp Ave, North Hollywood, CA 91601

5816 Lemp Ave, North Hollywood, CA 91601

Sale: $1,218,000

8/15/20240.00 mi

Area:2,008 sqft
Price/sqft:$607
Beds:3
Baths:2
Year Built:
Weight:21.7%
5829 Irvine Ave, North Hollywood, CA 91601

5829 Irvine Ave, North Hollywood, CA 91601

Sale: $1,750,000

4/18/20250.10 mi

Area:1,731 sqft
Price/sqft:$1,011
Beds:3
Baths:2
Year Built:
Weight:20.9%
5749 Irvine Ave, North Hollywood, CA 91601

5749 Irvine Ave, North Hollywood, CA 91601

Sale: $1,185,000

4/30/20250.12 mi

Area:1,715 sqft
Price/sqft:$691
Beds:3
Baths:2
Year Built:
Weight:20.8%
5725 Lemp Ave, North Hollywood, CA 91601

5725 Lemp Ave, North Hollywood, CA 91601

Sale: $1,649,000

9/19/20240.12 mi

Area:1,947 sqft
Price/sqft:$847
Beds:3
Baths:3
Year Built:
Weight:18.5%
6008 Simpson Ave, North Hollywood, CA 91606

6008 Simpson Ave, North Hollywood, CA 91606

Sale: $955,000

2/5/20250.34 mi

Area:1,552 sqft
Price/sqft:$615
Beds:3
Baths:2
Year Built:
Weight:18.1%

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