Under ContractSingleFamilyResidence

12703 Ratner Street

North Hollywood, CA, 91605

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$649,000

MLS: 26671537

Beds

3

Baths

2

Sq Ft

1,221

Lot

0.16 ac

Year Built

1953

MLS #

26671537

Days on Market

14

Listed

Mar 30, 2026

Description

Fixer/Investor Opportunity! This well-laid-out fixer-upper is situated on a spacious corner lot in North Hollywood, offering a unique opportunity for customization and value addition. The property features three generously sized bedrooms, each equipped with double door closets for ample storage and large windows that provide abundant natural light. The home's layout allows for versatility. The kitchen and living area are separated by a wall that can be removed to create a desirable open-concept living space, perfect for modern lifestyles. Sliding glass doors lead to an enclosed patio, which seamlessly connects to a large backyard, enhancing the indoor-outdoor flow. A substantial two-car garage is accessible from the side street, making it an ideal candidate for conversion into an Accessory Dwelling Unit (ADU). This could provide rental income potential or serve as a comfortable space for extended family. The home retains its original hardwood floors and includes a separate laundry room for convenience. The property is ideally located less than a mile from Polytechnic High School. Panorama Park is a nearby, offering recreational opportunities and green space for residents to enjoy.

Location

North Hollywood, Los Angeles County, CA 91605

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Listed by: Meadow Goddard · The Core Agency

Payment estimate

$4,808

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $64,900 · Loan: $584,100

%
Principal & Interest
$3,589
Property tax (1.25%)
$676
Homeowners insurance
$300
Mortgage insurance
$243
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this North Hollywood home with as little as 3.5% down using an FHA loan — roughly $22,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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