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11240 Peach Grove Street

North Hollywood, CA 91601
  • $1,999,000
  • STATUS: ACTIVE
  • ON SITE: 42 Days
  • ID#: SR24202999
UPDATED: 51 min ago
$1,999,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 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! 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!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/156085492
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11240 Peach Grove Street North Hollywood, CA 91601

  • Price: $1,999,000
  • Status: ACTIVE
  • On Site: 42 Days
  • Updated: 51 min ago
  • ID#: SR24202999
6
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
North Hollywood (91601)
County:
Los Angeles
Area:
North Hollywood (91601)
Property 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 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! 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!
Exterior Features

Pool N/K

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2

Property Features

Actual Cap Rate 4.33 Annual Expense Actual 24153 Buildings 2 Cfd Mello Roos Fee 592.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 18.03 Gross Scheduled Income Actual 110868 Monthly Total Fees 49 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 4000.0 Unit2 Rent Actual 989.0 Unit3 Rent Actual 4250.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Gabriel Ostrow of Ridge Realty: 818-212-9865. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128