For SaleRisky Deal6 days on market
6947 Alcove Ave
6947 Alcove Ave, North Hollywood, CA 91605, North Hollywood, CA 91605
$770,000
Estimate®:$773,600$3,600 Under Market
Listing Price
6947 Alcove Ave, North Hollywood, CA 91605
Loc: North Hollywood, CA
Days Listed
6
Tax Assessed
$212k
Estimate®
$774k
0% Under Valued
Lot Size
6,481 sqft
Rent Estimate
$4,252/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Coldwater Canyon Elementary School
K-5
0.2 mi away
6
James Madison Middle School
6-8
0.2 mi away
5
Ulysses S. Grant Senior High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storytwo-tone exteriorstucco and wood sidingcovered porchconcrete drivewaycozypotted plantsresidentialasphalt shingle roofoutdoor patio spacemodest homesuburbanexterior lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.30%
Total ROI
52.2%
Cash Flow
$-1,239/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,239/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in North Hollywood, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $770,000 | $565 |
| 1996-06-04 | Sold | $125,000 | $92 |
| 1996-02-22 | Sold | $5,000 | $4 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $211,775 |
| 2025 | $2,702.26 | $207,624 |
| 2024 | $2,656.93 | $203,554 |
| 2023 | $2,608.47 | $199,564 |
| 2022 | $2,491.88 | $195,652 |
| 2021 | $2,454.8 | $191,817 |
| 2020 | $2,474.12 | $189,851 |
| 2019 | $2,474.12 | $186,129 |
| 2018 | $2,266.44 | $182,481 |
| 2017 | $2,266.44 | $178,904 |
| 2016 | $2,214.75 | $175,397 |
| 2015 | $2,150.5 | $172,763 |
| 2014 | $2,133.87 | $169,380 |
| 2012 | $0 | $165,310 |
| 2011 | $0 | $162,069 |
| 2010 | $0 | $160,859 |
| 2009 | $0 | $161,242 |
| 2008 | $0 | $158,082 |
| 2007 | $0 | $154,983 |
| 2006 | $0 | $151,945 |
| 2005 | $0 | $151,945 |
| 2004 | $0 | $146,047 |
| 2003 | $0 | $143,372 |
| 2002 | $0 | $140,562 |
| 2000 | $0 | $135,106 |
Similar Properties Nearby
Explore other investment opportunities in North Hollywood.