10435 Whipple Street, North Hollywood, California 91602, North Hollywood, 91602 - 3 bed, 1 bath

10435 Whipple Street, North Hollywood, California 91602 home-pic-0

10435 Whipple Street

North Hollywood, California 91602

ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
1,241Sq Ft
6,557Lot Size

Property Price

LIST PRICE$2,050,000

SUMMARY

Analysis of 10435 Whipple Street, North Hollywood, California 91602 is currently available with a list price of $2,050,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

Built in 1938 and explicitly marketed as a 'top-to-bottom fixer or a complete tear-down,' this property is being sold primarily for its land value and redevelopment potential. The inclusion of Ready-to-Issue (RTI) plans and the significant age of the structure without mention of recent renovations align with the criteria for a tear-down, where the value is based on the 6,555 sq ft lot in a prime location.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Theodore Roosevelt Elementary School (9/10).

  • Prime Toluca Lake Location

    Situated on a picturesque, tree-lined street in the highly desirable Toluca Lake neighborhood, this property offers exceptional prestige and long-term investment stability.

  • Development Ready with RTI Plans

    The inclusion of Ready-to-Issue (RTI) plans provides a significant advantage for developers or owner-builders, drastically reducing the time and complexity of the permitting process.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Extensive Renovation Required

    The existing 1938 structure is a 'fixer' with only one bathroom, necessitating a substantial capital injection for modernization or a complete rebuild.

  • High Price-to-Utility Ratio

    At a $2.05M list price for a 1,241 sq ft home, the value is almost entirely in the land and plans, which may be a barrier for traditional buyers seeking a move-in ready residence.

About 10435 Whipple Street

Nestled in the highly desirable Toluca Lake neighborhood, this prime property offers a rare opportunity on one of the area's most picturesque, tree-lined streets. Plans included. Featuring a classic 3-bedroom, 1-bathroom home with approximately 1,241 sq ft of living space, the residence sits on a generous 6,555 sq ft lot providing ample potential for renovation or redevelopment. The expansive backyard is a true highlight, boasting an inviting in-ground pool and abundant space for outdoor entertaining, gardening, or future expansion. A large, detached garage offers additional storage or ADU possibilities. With charming curb appeal, plenty of street parking, and a tranquil residential setting, this property is ideal for those looking to restore its original character or build a custom dream home. Whether you envision a top-to-bottom fixer or a complete tear-down, the location and lot make this an exceptional investment opportunity. Priced to sell, this is your chance to create something spectacular in beautiful Toluca Lake.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
6,557 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

North Hollywood Unified Schools

Rio Vista Elementary School

Grades K-5 • 0.5 mi

7/10

Toluca Lake Elementary School

Grades K-5 • 0.7 mi

7/10

R. L. Stevenson Elementary School

Grades K-5 • 1.4 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.03.0
7%
Square foot1,2412,260
13%
Lot Size6,5577,770
24%
Price$2.05M$1.86M
59%
Price per sq ft$1.7K$925
96%
Built year19381939
46%
HOA$0$0
50%
Days on market8180
4%

Pricing History

Listed for Sale

Feb 26, 2026

$2,050,000

Initial Listing

Sold

Jan 27, 2023

$1,400,000

Public Record

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