11261 Peach Grove is a fully updated triplex in prime NoHo Arts District/Toluca Lake adjacent. This charming triplex resides on a lot that is zoned R3 in an area that is ideal for development.11261 Peach Grove is made up of a large 2 bedroom, 1 bathroom unit, a fully furnished 1 bedroom, 1 bathroom unit and a bachelor. All utilities are paid for by tenants, which cuts down expenses significantly. The current cap rate is a very solid 4.68%. The condition of the building is excellent. It has copper plumbing, largely updated electrical and renovated interiors with all hardwood floors.Situated off of Camarillo between Tujunga and Lankershim, this triplex is walking distance to the heart of NoHo (Magnolia and Lankershim). Also minutes away is trendy ?Tujunga ?Village?, Studio City and Valley Village.
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