Description
Price: $2,800,000: 72 units - $38,888 per buildable, or $36,842 per buildable for 76 units!!runnymede offers an investor a 72 unit rti project, 37,800 sf building on15,048 sf of land, which is ready to build (rti) with seller paying for the plan permit. the 4-story structure isentirely for 100% affordable housing. the approved plans have 66 x 1-bedroom units (avg size of 437 sf) and 6studios (avg size of 318 sf). estimated yearly minimum rental income is $1,854,120 per year per schedule 6-hcd& schedule 1-hud. building amenities include a 2,800 sf roof deck, recreation room, laundry room, office andbicycle room. the roof deck offers common open space, enhancing the living experience for residents. with awalkscore of 73 out of 100 and located just off laurel canyon blvd between sherman way & saticoy st, theproperty offers easy access to all amenities and public transportation. centrally located and blocks from 3freeways (170, 5 & 101) residents can easily access all parts of los angeles.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47662438
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3456
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 15053
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Listing Information
Listing Price Information
- Original List Price: 2,800,000
- Listing Contract Date: 2024-11-16
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2317013004
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Postal Code Plus 4: 3124
- Directions: North of Sherman way / East of Laurel Canyon Blvd
- Zoning: LAC2
- Source Property Type: Land
- Area: NHO - North Hollywood
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/22/2024 @ 05:45
- MLS: 24464389
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 15,053 sized lot, and 0 parking. A comparable Land, 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 Valley Glen , in zip code 91605, this Los Angeles County Land are nearby neighborhoods.