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

10435 Whipple Street
North Hollywood, California 91602
Property Price
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
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
Toluca Lake Elementary School
Grades K-5 • 0.7 mi
R. L. Stevenson Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 1,241 | 2,260 | 13% |
| Lot Size | 6,557 | 7,770 | 24% |
| Price | $2.05M | $1.86M | 59% |
| Price per sq ft | $1.7K | $925 | 96% |
| Built year | 1938 | 1939 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 180 | 4% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,050,000
Initial Listing
Sold
Jan 27, 2023
$1,400,000
Public Record





























