10941 Peach Grove Street, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 2 bath
ACTIVE$1,500,000
10941 Peach Grove Street, North Hollywood, California 91601
3Beds
2Baths
2,008Sqft
7,705Lot
Year Built
1937
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$747
HOA
-
Days on market
-
Sold On
-
MLS number
SR25124504
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(44th), sqft - 2008(11th), beds - 3(78th), baths - 2(78th).
BOM-BOM-BOM- 7-23-2025..... Buyer cancelled RPA..... OMG - LAR3 Zoned Contractors-Builders special, great opportunity for someone to create the next best North Hollywood living experience. First time on the market since 1974! Just North of Camarillo Street and East of Vineland Avenue. 7,703 sqft LAR3 Zoned property. Buyer to verify. The property is being sold in its AS-IS condition for land value only. Drive by only, write subject to inspection.
Condition Rating
Tear down
The listing explicitly states the property is being sold for land value only and is in AS-IS condition. The property was built in 1937 and has not been renovated in the past 50 years. The images show an overgrown exterior, suggesting significant deferred maintenance. Therefore, the property is likely unlivable in its current condition.
Pros & Cons
Pros
LAR3 Zoning: The property is zoned LAR3, offering significant development potential for multiple units or higher density housing.
Large Lot Size: The 7,703 sqft lot provides ample space for construction and landscaping, maximizing the development possibilities.
Prime Location: Located in North Hollywood, just North of Camarillo Street and East of Vineland Avenue, offering convenient access to amenities and transportation.
Duplex Structure: The existing duplex structure provides immediate income potential while planning for future development.
First Time on Market in Decades: Being on the market for the first time since 1974 presents a rare opportunity for a buyer to acquire a long-held property.
Cons
As-Is Condition: The property is being sold in AS-IS condition, implying significant renovation or demolition costs.
Land Value Only: The listing emphasizes land value only, suggesting the existing structure may be in poor condition or not suitable for renovation.
Buyer Cancellation: The listing indicates a previous buyer cancelled the RPA, which may raise concerns about potential issues with the property or transaction.