PRICE IMPROVEMENT!! MOTIVATED SELLER! Rare opportunity to own a three-unit property on a massive 10,000 sq. ft. lot in the heart of North Hollywood! This unique compound offers privacy, versatility, and strong income potential, all behind a private gated entrance with a long extended driveway that reaches the rear of the property—providing ample parking for multiple vehicles and even RV access. The main residence offers 3 bedrooms, 2 bathrooms, and approximately 1,481 sq. ft. of living space, featuring a bright open floor plan, an updated kitchen, tile flooring, and recessed lighting throughout. The home is complemented by both a spacious private front yard—perfect for relaxing outdoors—and a large backyard with a covered patio, ideal for entertaining and gatherings. The property also features a brand-new two-story ADU (Accessory Dwelling Unit) with approximately 1,200 sq. ft., its own address, and a rare 2-car attached garage. Designed with modern living in mind, the ADU includes 3 bedrooms and 2.5 bathrooms with all bedrooms located on the second floor. The interior showcases high ceilings, recessed LED lighting, brand-new dual-pane windows, laminate flooring, central air and heat, and stylish custom finishes throughout. The beautifully designed kitchen offers quartz countertops, stainless steel appliances, range stove, and dishwasher, all opening seamlessly to the main living area. The primary suite features a spacious walk-in closet, private bathroom, and access to a large balcony, creating a comfortable retreat. A separate laundry area with washer and dryer is also conveniently located upstairs. Adding even more value, the property includes an approximately 495 sq. ft. newly constructed recreational room with its own private bedroom and bathroom, offering excellent potential to convert into a Junior ADU. With its separate entrance and private backyard space, it provides flexibility for extended family, guests, or additional rental income. With three separate living spaces, modern new construction, and a large lot in a prime North Hollywood location, this property offers incredible versatility for multi-generational living, owner-users, or investors seeking strong rental potential. Don’t miss this rare opportunity to own a truly unique property in one of the Valley’s most vibrant communities!