11240 Peach Grove Street

North Hollywood, CA 91601

$1,999,000
Price
6
Beds
4
Baths
2,618 Sq. Ft.
$764 / Sq. Ft.
2,618
Sq. Ft.
$764
per Sq. Ft.

Description

R3 ZONED NOHO TRIPLEX on a prime, flat corner lot in the highly desirable NoHo Arts District with Plans for an additional 750 SF ADU which can be easily rented out for an additional yearly income of approximately $50k! This property consists of three classic California bungalows: a duplex with two 2-bedroom, 1-bath units facing Peach Grove St., and a freestanding 2-bedroom, 2-bath unit facing Klump St. The bungalows are connected by a newly paved, enclosed common area, along with a garage that can...R3 ZONED NOHO TRIPLEX on a prime, flat corner lot in the highly desirable NoHo Arts District with Plans for an additional 750 SF ADU which can be easily rented out for an additional yearly income of approximately $50k! This property consists of three classic California bungalows: a duplex with two 2-bedroom, 1-bath units facing Peach Grove St., and a freestanding 2-bedroom, 2-bath unit facing Klump St. The bungalows are connected by a newly paved, enclosed common area, along with a garage that can accommodate a small vehicle or serve as additional storage. The well-maintained grounds offer great potential for long-term investment. Ideally located near West Toluca Lake & a short drive from Hollywood, with easy access to restaurants, shopping, spas, gyms, art galleries, and more!
  1. Listed by Gabriel Ostrow • DRE #01926568 • Brokerage DRE #01926568 • Ridge Realty • 818-212-9865

Property Details for 11240 Peach Grove Street

View
None
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2618
LISTING UPDATED: 12/10/2024 02:51 AM

Property Details for 11240 Peach Grove Street

StatusActive
MLS #SR24202925
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1930
Lot Size0.16 AC / 6,776 SF
CountyLos Angeles County

Building Information for 11240 Peach Grove Street

Stories1Residences-Year Built1930Building Size-Lot Size0.16 AC / 6,776 SF

Property Information for 11240 Peach Grove Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $110,868
  • Gross Scheduled Income: $110,868
  • Net Operating Income: $86,715
  • Gross Multiplier: 18.03
  • Cap Rate: 4.33
Expense Details
  • Operating Expense: $24,153
  • Gardener Expense: $1,440
  • Cable TV Expense: $912
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,233
  • Other Expense: $320
  • Other Expense Description: LA Hsng
  • Trash Expense: $1,044
  • Water Sewer Expense: $1,320
  • Total Expenses: $24,153
Tax / Assessment Info
  • Tax Tract Number: 8194
  • Tax Census Tract: 1254.02
  • CFD/Mello-Roos Fee: $592
  • Tax Lot: 22
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Valley
Property / Structure Info
Interior Features
  • Room Type: Main Floor Bedroom
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
Exterior Features
  • Entry Location: Street
  • Structure Type: Triplex
  • Miscellaneous: Valley
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $989
  • Unit Type Total Rent: $989
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,250
  • Unit Type Total Rent: $4,250
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 11240 Peach Grove Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11240 Peach Grove Street

Taxable ValueLand$936,360Additions$364,140Total$1,300,500
Tax Record2024$16,199 ($1,350 / month)
Home Facts
Total Finished SqFt2,490 SqFtAbove Grade Finished SqFt2,490 SqFtLot Size6,720 SqFtStyleTriplexYear Built1930ZoningLAR3CountyLOS ANGELESAPN2353-022-022

Schools near 11240 Peach Grove Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Lankershim Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11240 Peach Grove Street is a townhouse for sale in North Hollywood, CA 91601. This property was listed for sale on September 30, 2024 by Ridge Realty, it's currently listed at $1,999,000. It has been on the market for a total of 13 days and was last sold on February 7, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Lankershim Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 11240 Peach Grove Street is a 6-bed, 4-bath, 2,618 sqft townhouse built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ridge Realty, Gabriel Ostrow, DRE #01926568

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.