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5041 Ledge Ave, North Hollywood, CA 91601

2 beds, 2 baths, 1,136 sqft
Sold: $567,000
Sold on 02/08/13
Zestimate®: $637,560
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A pavered driveway, drought-tolerant plants, and dramatic landscape lighting lead to this delightful 2 bed, 2 bath traditional in Toluca Woods. Inside, an inviting living room features peg 'n groove wood floors, coved ceiling, built-in bookcases, and a double-sided fireplace shared with a fantastic family room. A wood beamed vaulted ceiling and beadboard walls create a comfortable feel in the family room, where a stacked stone wall contains 2 sets of French doors out to a covered lounging patio. An eclectic kitchen contains wood cabinets, and much sought-after O'Keefe and Merritt stove. Wainscoting adds a touch of elegance in the formal dining room, and corner cabinets and shelves provide a wonderful place to display fine china. The master bedroom offers a ceiling fan and French doors to the patio with relaxing hot tub. Outside, an expansive yard is filled with lush, green plants, and includes a trickling waterfall, koi pond, elevated dining patio, and porch swing for the ultimate in relaxation.  MoreLess
 
Facts
  • Lot: 6,879 sqft
  • Single Family
  • Built in 1940
  • Last sold: Feb 2013 for $567,000
  • Price/sqft: $499
Features
  • Fireplace
  • Parking: 1 space
Construction
  • Room count: 7
  • # Stories: 1.0
  • Unit count: 1
Other
  • Floor size: 1,136 sqft
  • Last remodel year: 1940
  • Lot depth: 138
  • Lot width: 50
  • Parcel #: 2419023004
  • Zillow Home ID: 20041789
Home Values
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$637,560
+$5,770 Last 30 daysd
$567K
$714K
Zestimate range
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,639/mo
+$126 Last 30 daysd
$2.1K
$3.3K
Zestimate range
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Neighborhood for 5041 Ledge Avenue

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Zillow predicts Toluca Lake home values will rise 5.7% next year, compared to a 5.9% rise for Los Angeles as a whole. Among Toluca Lake homes, this home is valued 13.9% less than the midpoint (median) home, but is valued 10.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Toluca Lake market, the number of foreclosures waiting to be sold shrank 17% in the last year. The number of unsold foreclosures is 23.4% less than in Los Angeles, and 46.3% less than the national average. This lower local number could help Toluca Lake home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Toluca Lake home values.
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    Contact a local agent

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