10923 Landale 2, North Hollywood, California 91602, North Hollywood, 91602 - 3 bed, 4 bath
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North Hollywood, California 91602
This Spacious Toluca Lake Townhome is a Prime Investment Opportunity, listed at $985,000—positioned well below the $1,029,906 Fair Market Value by 4%. This valuation gap offers $44,906 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the residence features a rooftop deck with mountain views, three en-suite bedrooms, and an updated gourmet kitchen with premium appliances. Located near Universal Studios and the Los Angeles Unified school district, it balances lifestyle luxury with financial upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10923 Landale 2 Subject | $985,000* List Price | 3 | 4 | 1,985 | $521 | - |
A 10824 Bloomfield Street 304 Sold | $918,000 | 3 | 3 | 1,632 | $563 | 0.2 mi |
B 10715 Camarillo Street 203 Sold | $717,000 | 2 | 3 | 1,390 | $516 | 0.5 mi |
C 11115 Acama 101 Sold | $928,000 | 3 | 3 | 1,750 | $530 | 0.4 mi |
D 11218 Camarillo Street 305 Sold | $775,000 | 3 | 3 | 1,720 | $451 | 0.5 mi |
E 10929 Landale Active | $1,149,000 List Price | 3 | 4 | 2,082 | $552 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1996 (28 years old), the property is in well-maintained, move-in ready condition. The kitchen has been updated with stone countertops and newer stainless steel appliances, including a recently purchased GE range and dual oven. Bathrooms feature clean tile work and modern fixtures. The overall interior condition and recent appliance upgrades align with the 'Good' criteria for a 5-15 year renovation profile.
The property features three private balconies and a large rooftop deck offering panoramic views of the Hollywood Hills and Verdugo Mountains, providing rare and expansive outdoor entertaining space for a townhome.
Situated in a highly sought-after neighborhood, the home offers immediate proximity to Universal Studios, Ventura Boulevard, and major freeways, making it an ideal hub for commuters and entertainment professionals.
With nearly 2,000 square feet of living space, all three bedrooms feature en-suite bathrooms and walk-in closets, including a versatile first-floor suite perfect for a home office or guest privacy.
The $550 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
The multi-level design requires navigating several flights of stairs to access the main living areas and rooftop, which may be a deterrent for buyers with mobility concerns or those seeking a more accessible floor plan.
Located in one of the most sought-after neighborhoods in all of Los Angeles County, this stunning Toluca Lake townhome offers style, comfort and expansive views of the surrounding mountains. Enter to a formal foyer with tiled floors leading up a flight of stairs to the dark wood floored dining room with a beautiful fireplace and small balcony, large gourmet kitchen with expansive island, stainless steel appliances and plentiful cabinets and family room with sliding glass doors to a second of the three balconies. On the third floor, there is the massive master bedroom with walk-in closet, private balcony and beautifully tiled en suite bathroom, replete with glass shower and full, jacuzzi tub. The second bedroom, bathed in sunlight and spectacular views includes a finished walk-in closet and en-suite bathroom as well, with the same tile, tub and shower. Going up one more small flight of stairs, is one of the highlights of the home, a large decking roof perfect for entertaining or peaceful relaxation with stunning views of the Hollywood Hills and Verdugo mountains. The home also includes a third bedroom/office on the first floor with an en-suite bathroom and walk in closet and a two-car garage. Samsung washer and dryer, refrigerator and dishwasher and a recently purchased GE range and dual oven are all included. The home contains plenty of storage throughout and a powder room for guests on the 2nd floor. It is the ideal mix of indoor/outdoor living close to great restaurants, shops, cafes and bars and some excellent hiking and biking trails. Woodbridge and North Weddington parks are in close proximity along with the main strip of Toluca Lake, Tujunga and University Studios and City Walk. It is minutes away from Ventura Boulevard, Studio City, Burbank, North Hollywood and Sherman Oaks, with ready access to the 101, 134, 170 and 5 freeways. And just at the end of the street, The Last Bookstore recently opened a new location with plenty of free events. This is truly Toluca Lake living at its finest! Website: http://www.10923landaleunit2.com/
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 4.0 | 3.0 | 96% |
| Square foot | 1,985 | 1,561 | 88% |
| Lot Size | 13,485 | 21,899.5 | 15% |
| Price | $985.0K | $762.5K | 85% |
| Price per sq ft | $496 | $534 | 27% |
| Built year | 1996 | 1993 | 54% |
| HOA | $550.0 | $584 | 31% |
| Days on market | 44 | 145 | 4% |
Apr 23, 2026
$985,000
Initial Listing
Mar 23, 2022
$930,000
Public Record
Mar 9, 2017
$680,000
Public Record
May 1, 2014
$540,000
Public Record
May 17, 2011
$380,000
Public Record
May 2, 2005
$560,000
Public Record
Apr 5, 2000
$275,000
Public Record
Nov 27, 1996
$210,000
Public Record