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8012 Irvine Ave, North Hollywood, CA, 91605

7beds
6baths
2,446sqft
$1,368,800
$560price/sqft
$9,500/moest. monthly cost
$380,000/yrincome needed

About This Home

**THREE UNITS IN ONE LOT** LIVE IN ONE AND RENT THE OTHER TWO. FULLY VACANT. Exceptional North Hollywood income-producing property featuring three separate units on one lot. The front home offers 3 bedrooms and 2 bathrooms with spacious living areas and modern finishes. The middle unit is a large studio, perfect for rental income, guest quarters, or a home office setup. The rear unit is a brand-new, fully permitted 3-bedroom, 3-bathroom residence with contemporary design, quality construction, and its own private living space.Ideal opportunity for owner-users, investors, or multi-generational living. Live in one unit and rent the other two to offset your mortgage and generate substantial cash flow. The property features ample parking, low-maintenance landscaping, and is conveniently located near shopping, dining, entertainment, major freeways, and public transportation.A rare chance to own a versatile triplex property in one of North Hollywood's most desirable rental markets. Whether you're looking to build wealth through real estate or maximize rental income, this property offers endless possibilities.Property Address: 8012 Irvine Ave, North Hollywood, CA

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: New Construction,Updated/Remodeled
  • Year built: 1947

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: In Unit,Gas Or Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Laminate
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,446
  • Total interior livable area: 2,446 sqft

Property

Details

  • Parcel number: 2311003019
  • Zoning: LAR1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 8,028 sqft
  • Features: 2-4 Lots
  • Lot size dimensions: 60 x 135

Parking

  • Total spaces: 5
  • Parking features: Driveway - Brick,Garage - 1 Car
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,921$83,052
Home Insurance *$240$2,880
Property Taxes $1,815$21,780
Electricity $524$6,294
Total$9,500$114,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$325,714/yr
40% on housing$285,000/yr
45% on housing$253,333/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$560This listing

vs Other Active Listings

Avg $/sqft

ZIP 91605$403
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 91605$534
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$1,368,800
2026-06-12Listed for sale$1,368,800
2025-12-31Sold$705,000

For Sale by Agent

AgentBarbara Isabel
BrokerageKeller Williams Beverly Hills

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