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11241 Peach Grove St, North Hollywood, CA 91601

List Price: $1,395,000On Market FlagOn market
Jul 22, 20243,256 sqft5 beds4 baths
Listed by: Markus Canter
License #: 01810156
Phone #: 310-704-4248
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 24418167

Property Description

PRICE IMPROVEMENT! **PRIME 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,343

TurboHome Estimated Value

$1,375,600

$422 sqft

High Valuation
$1,444,380
$444/sqft
Normal Valuation
$1,375,600
$422/sqft
Low Valuation
$1,306,820
$401/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$422/sqft$1,375,600

Neighborhood: Valley Village

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Comparative Value

$1.00M

$1.12M

$1.40M

$1.72M

$1.90M

5213 Agnes Ave, Valley Village, CA 91607

Sale Price: $1,000,007

Selected Comparable

11675 Magnolia Blvd, North Hollywood, CA 91601

Sale Price: $1,120,000

Selected Comparable

11241 Peach Grove St, North Hollywood, CA 91601

List Price: $1,395,000

Subject Property

10611 Landale St, North Hollywood, CA 91602

Sale Price: $1,400,000

Selected Comparable

5032 Bluebell Ave, Valley Village, CA 91607

Sale Price: $1,715,000

Selected Comparable

4256 Beck Ave, Studio City, CA 91604

Sale Price: $1,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
11241 Peach Grove St, North Hollywood, CA 91601

11241 Peach Grove St, North Hollywood, CA 91601

List: $1,395,000

Listed: 7/22/2024

Area:3,256 sqft
Price/sqft:$428
Beds:5
Baths:4
Year Built:
Lot Size:6,402

Comparable Properties

COMPARABLE
Choose comps
11675 Magnolia Blvd, North Hollywood, CA 91601

11675 Magnolia Blvd, North Hollywood, CA 91601

Sale: $1,120,000

4/29/20250.75 mi

Area:2,662 sqft
Price/sqft:$421
Beds:5
Baths:4
Year Built:
Weight:22.4%
5213 Agnes Ave, Valley Village, CA 91607

5213 Agnes Ave, Valley Village, CA 91607

Sale: $1,000,007

6/6/20251.21 mi

Area:2,534 sqft
Price/sqft:$395
Beds:5
Baths:4
Year Built:
Weight:21.7%
5032 Bluebell Ave, Valley Village, CA 91607

5032 Bluebell Ave, Valley Village, CA 91607

Sale: $1,715,000

3/12/20251.97 mi

Area:3,159 sqft
Price/sqft:$543
Beds:5
Baths:3
Year Built:
Weight:20.4%
4256 Beck Ave, Studio City, CA 91604

4256 Beck Ave, Studio City, CA 91604

Sale: $1,900,000

11/27/20240.97 mi

Area:3,368 sqft
Price/sqft:$564
Beds:4
Baths:4
Year Built:
Weight:19.1%
10611 Landale St, North Hollywood, CA 91602

10611 Landale St, North Hollywood, CA 91602

Sale: $1,400,000

12/4/20240.97 mi

Area:4,114 sqft
Price/sqft:$340
Beds:5
Baths:5
Year Built:
Weight:16.5%

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