7426 Lemp Ave North Hollywood, CA 91605
Sun Valley Neighborhood
4
Beds
3
Baths
1,856
Sq Ft
6,645
Sq Ft Lot
Highlights
- Wood Flooring
- Granite Countertops
- Neighborhood Views
- John H. Francis Polytechnic Rated A-
- No HOA
- Double Pane Windows
About This Home
As of July 2025First Time on the Market in 40 Years! This North Hollywood gem is a rare opportunity for investors, developers, or first-time buyers ready to bring their vision to life. With great bones and major system upgrades already completed, this cosmetic fixer offers the perfect blend of potential and peace of mind.
The main residence features 3 bedrooms, 2 bathrooms, and 1,410 sq ft of well-preserved living space. Need more? A permitted attached 445 sqft, 1 bed/1 bath ADU adds flexibility for multi-generational living, rental income, or guest quarters. Sitting on a generous 6,500 sq ft lot, the property is full of possibilities. Recent upgrades include a new roof, paid-off solar panels, dual pane windows, an upgraded 200 amp electrical panel, termite clearance, newer drainage, and all copper plumbing. The heavy lifting is done—now it’s time to bring your design ideas and favorite contractor to add the finishing touches.
Situated near the NoHo Arts District, this home enjoys easy access to theaters, cafes, nightlife, and creative spaces. Close to Valley Plaza Park, NoHo West, Burbank Airport, major studios, and freeways, commuting and lifestyle convenience are built right in. You’ll also find popular retail, fitness centers, and dining options within minutes. Don’t miss this incredible chance to own a value-packed property in one of the Valley’s most vibrant neighborhoods.
Last Agent to Sell the Property
The Agency Brokerage Phone: 818-472-9615 License #02003810 Listed on: 06/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,474
Year Built
- Built in 1956
Lot Details
- 6,645 Sq Ft Lot
- Level Lot
- Property is zoned LAR1
Home Design
- Bungalow
- Additions or Alterations
- Cosmetic Repairs Needed
- Fixer Upper
- Raised Foundation
Interior Spaces
- 1,856 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room with Fireplace
- Storage
- Neighborhood Views
- Termite Clearance
Kitchen
- Gas Oven
- Freezer
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Attached Carport Spaces
- Parking Available
- Driveway
- Paved Parking
Utilities
- Central Heating
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 19002
- Assessor Parcel Number 2316016024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Jul 11, 2025
Sold by
Arturo I Pacia I and Arturo Lourdes D
Bought by
Pena Carlos Omar Ortiz and Wanker Marya Kay
Seller's Agent
Stephany Delgado
The Agency
Buyer's Agent
Efi Demirchyan
Media West Realty,Inc.
List Price
$799,999
Sold Price
$840,000
Premium/Discount to List
$40,001
5%
Total Days on Market
22
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.36%
Original Mortgage
$504,000
Outstanding Balance
$504,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$300,635
Purchase Details
Closed on
Nov 6, 2018
Sold by
Pacia Arturo I and Pacia Lourdes D
Bought by
Pacia Arturo I and Pacia Lourdes D
Purchase Details
Closed on
May 24, 2006
Sold by
Pacia Arturo I
Bought by
Pacia Lourdes D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 14, 2001
Sold by
Lisam Theodore and Lisam Hazel Mae
Bought by
Pacia Arturo I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,334
Interest Rate
6.39%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 13, 1995
Sold by
Pacia Arturo I and Pacia Lourdes D
Bought by
Pacia Arturo I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.83%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $840,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | American Coast Title | |
| Quit Claim Deed | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $504,000 | New Conventional | |
| Previous Owner | $354,000 | New Conventional | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $316,000 | New Conventional | |
| Previous Owner | $342,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $282,000 | Stand Alone First | |
| Previous Owner | $205,334 | FHA | |
| Previous Owner | $205,334 | FHA | |
| Previous Owner | $158,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $840,000 | +5.0% | $453 / Sq Ft |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $799,999 | -- | $431 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,474 | $359,809 | $202,435 | $157,374 |
| 2024 | $4,474 | $352,755 | $198,466 | $154,289 |
| 2023 | $4,390 | $345,839 | $194,575 | $151,264 |
| 2022 | $4,190 | $339,059 | $190,760 | $148,299 |
| 2021 | $4,130 | $332,412 | $187,020 | $145,392 |
| 2019 | $4,008 | $322,555 | $181,474 | $141,081 |
| 2018 | $3,895 | $316,231 | $177,916 | $138,315 |
| 2016 | $3,704 | $303,953 | $171,008 | $132,945 |
| 2015 | $3,650 | $299,389 | $168,440 | $130,949 |
| 2014 | $3,668 | $293,525 | $165,141 | $128,384 |
Source: Public Records
Agents Affiliated with this Home
-
Stephany Delgado
Seller's Agent in 2025
Stephany Delgado
The Agency
(818) 472-9615
1 in this area
51 Total Sales
-
Gina Michelle
Seller Co-Listing Agent in 2025
Gina Michelle
The Agency
(818) 850-1458
2 in this area
229 Total Sales
-
Efi Demirchyan
Buyer's Agent in 2025
Efi Demirchyan
Media West Realty,Inc.
(818) 845-9700
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25123127
APN: 2316-016-024
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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. Properties may or may not be listed by the office/agent presenting the information
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