11240 Peach Grove St - Apartments FOR SALE


North Hollywood, CA 91601
$1,999,000 USD
818-212-9865
11240 Peach Grove St, North Hollywood, CA for Sale
$1,999,000 USD
Apartments - FOR SALE
1/37
null | 4.33% Cap Rate

11240 Peach Grove St
North Hollywood, CA 91601


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$297 USD /SF

# OF UNITS

3

PRICE/UNIT

$666,333

CAP RATE

4.33%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,556 SF

ZONING

LAR3

APN/PARCEL ID

2353-022-022

ASK ABOUT THIS PROPERTY

Gabe OstrowRidge RealtyMore Info
818-212-9865

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Gabe OstrowRidge RealtyMore Info
818-212-9865

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.