Description
**introducing 11966 runnymede st: a prime income property in north hollywood**
we are delighted to present the sale of 11966 runnymede st, a remarkable 7-unit residential income property nestled in the vibrant heart of north hollywood. this well-maintained property comprises six spacious townhomes, each offering 2 bedrooms and 1.5 bathrooms, along with a charming 4-bedroom front house.
strategically located just east of laurel canyon on runnymede street, this property boasts a generous gross building area of 7,234 square feet, translating to an average of over 1,000 square feet per unit. originally built in 1947, the units have been thoughtfully updated with tile flooring throughout and modern countertops, blending vintage charm with contemporary comforts.
each unit is individually metered for electricity and gas, ensuring that tenants are responsible for their own utility usage. notably, there is no house meter, meaning all common area lighting is tenant-powered, further reducing operational costs. trash removal is efficiently managed by the department of water and power, included in each tenant's bill.
the exterior of the property was freshly painted, and the roof was replaced in 2019, ensuring minimal maintenance for years to come. this property represents an ideal investment opportunity, offering steady income potential in a sought-after location.
don’t miss your chance to own this exceptional income property in north hollywood!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46768355
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Central Air,Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1947
- Building Area Total: 7,234
Security Features
- Security Gate
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.31
- Lot Size Source: Assessor
- Lot Size Square Feet: 13504
-
Listing Information
Listing Price Information
- Original List Price: 1,995,000
- Listing Contract Date: 2024-08-28
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2317014010
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Garage,Gated
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3185
- Directions: Cross Streets: Laurel Canyon Blvd & Radford Ave.
- Zoning: LARD2
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
- Property SubType: Apartment
Building and Construction
- Property Age: 77
- Common Walls: 2+ Common Walls,No One Above,No One Below
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 09:30
- MLS: GD24176837
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 7,234 sqft, 13,504 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of North Hollywood , in zip code 91605, this Los Angeles County Home are nearby neighborhoods.