11241 Peach Grove Street

North Hollywood, CA 91601

$1,395,000
Price
5
Beds
4
Baths
3,256 Sq. Ft.
$428 / Sq. Ft.
3,256
Sq. Ft.
$428
per Sq. Ft.

Description

Just reduced by $100,000! Owner-user triplex 11241 Peach Grove Street, North Hollywood CA Attractive Triplex in the Heart of the NOHO ARTS DISTRICT A Prime Investment Opportunity. Discover this exceptional OWNER-USER TRIPLEX that promises the best of both worlds: a charming residence with additional income potential. Located on a spacious 6,402 SF CORNER LOT in the highly desirable NoHo Arts District, this property is a gem for buyers, investors, and developers alike. The MAIN HOUSE: An Updated 3-bedroom,...Just reduced by $100,000! Owner-user triplex 11241 Peach Grove Street, North Hollywood CA Attractive Triplex in the Heart of the NOHO ARTS DISTRICT A Prime Investment Opportunity. Discover this exceptional OWNER-USER TRIPLEX that promises the best of both worlds: a charming residence with additional income potential. Located on a spacious 6,402 SF CORNER LOT in the highly desirable NoHo Arts District, this property is a gem for buyers, investors, and developers alike. The MAIN HOUSE: An Updated 3-bedroom, 2-bathroom home w/ Private yard & garden, Inviting courtyard, Dedicated garage, and Ample on-site parking. This charming traditional property boasts a wonderful living experience within a vibrant neighborhood. Enjoy the benefits of a wide street and the proximity to the lovely nearby North Hollywood Park, perfect for leisure and outdoor activities. VALUE-ADD OPPORTUNITY: This property presents a fantastic value-add opportunity with the potential to add an Accessory Dwelling Unit (adu). Buyers to investigate and conduct their due diligence. PRIME LOCATION: Situated in the NoHo Arts District, known for its cultural and artistic flair. Close to major motion picture studios, making it an ideal location for industry professionals. Close to great eateries, bars, coffee shops, and nightlife. Easy access to freeways, ensuring a seamless commute. Just a few blocks away from Starbucks and other local amenities. With its unique combination of a comfortable home, additional income potential, and prime location, this triplex is an outstanding investment opportunity. Lower your income-to-debt ratio while enjoying all that this dynamic neighborhood has to offer. An ideal choice for anyone looking to invest in one of Los Angeles' most sought-after areas. Contact us today to schedule a viewing and explore the endless possibilities this triplex has to offer.
  1. Listed by Markus Canter • DRE #01810156 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert
  2. Listed by Cristie St. James • DRE #00949711 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 11241 Peach Grove Street

Zoning
LAR3
Style
Traditional
Parcel Number
2353021033
Total Units
3.0
Living Area
3256
Source Living Area
Assessor
Area
North Hollywood (NHO)
Vacancy Rate
1
LISTING UPDATED: 11/03/2024 07:47 PM

Property Details for 11241 Peach Grove Street

StatusActive
MLS #24-418167
Days on Market135
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size0.15 AC / 6,402 SF
CountyLos Angeles County

Building Information for 11241 Peach Grove Street

Stories2Residences-Year Built1942Building Size-Lot Size0.15 AC / 6,402 SF

Property Information for 11241 Peach Grove Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: triplex
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan, Other
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $106,800
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.147
  • Lot Size Square Feet: 6402
  • Lot Location: Near Public Transit, Park Nearby
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Garage - 1 Car, Driveway
  • Total Parking: 9
  • Covered Parking: 3
  • Open Other Spaces Total: 8
  • Garage Spaces Total: 3
  • Parking Features: Garage - Two Door, Garage - Single Door, Driveway
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Engineered Hardwood, Tile
  • Equipment: Dishwasher, Cable, Range/Oven, Refrigerator, Washer, Dryer
  • Room Kitchen Features: Remodeled Kitchen, Granite Counters, Kitchen Island
  • Kitchen Features: Remodeled, Granite Counters, Gourmet Kitchen, Island
  • Bedroom Features: Ground Floor Master
  • Common Walls: Attached
  • Laundry: Inside, Laundry Area
Exterior Features
Exterior Features
  • Patio Features: Deck(s), Patio Open
  • New Construction: No
  • Other Structures: Shed(s), Other
Lease Terms
Lease Terms
  • Entry Date: 07-22-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $208,550.00
  • Assessed Improvement Percent: 41.86
  • Assessed Land Value: $289,658.00
  • Assessed Land Percent: 58.14
  • Assessed Total Value: $498,208.00

Property History for 11241 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 11241 Peach Grove Street

Taxable ValueLand$295,451Additions$212,721Total$508,172
Tax Record2024$6,571 ($548 / month)
Home Facts
Total Finished SqFt3,256 SqFtAbove Grade Finished SqFt3,256 SqFtLot Size6,402 SqFtStyleTriplexYear Built1942ZoningLAR3CountyLOS ANGELESAPN2353-021-033

Schools near 11241 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.

Similar Homes

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11241 Peach Grove Street is a multi-family home for sale in North Hollywood, CA 91601. This property was listed for sale on July 22, 2024 by Berkshire Hathaway HomeServices California Propert, it's currently listed at $1,395,000. 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. 11241 Peach Grove Street is a 5-bed, 4-bath, 3,256 sqft multi-family home built in 1942.

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 Berkshire Hathaway HomeServices California Propert, Markus Canter, DRE #01810156; Berkshire Hathaway HomeServices California Propert, Cristie St. James, DRE #00949711

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.