11966 Runnymede Street, North Hollywood, CA 91605

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Jan

Thu

Jan

Fri

Jan

Glen Henderson

[email protected] +1(619) 889-7646

$1,995,000

Est. payment - /mo

8 Beds

8 Baths

0.31 Acres Lot

Save

UPDATED:

12/20/2024 07:34 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24176837

Bedrooms 8

HOA Y/N No

Lot Size 0.310 Acres

Type of Financing Cash,Conventional

Property 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. Dont miss your chance to own this exceptional income property in North Hollywood!
**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. Dont miss your chance to own this exceptional income property in North Hollywood!

Location

State CA

County Los Angeles

Area North Hollywood (91605)

Zoning Assessor

Interior

Cooling Central Forced Air, Wall/Window

Air Conditioning Central Forced Air, Wall/Window

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $119

Acceptable Financing Cash, Conventional

Space Rent $2,005

Listing Terms Cash, Conventional

CFD/Mello-Roos Fee $1, 428

Read Less Info

Listed by Jerry Armen • Team Rock Properties

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

11966 Runnymede Street North Hollywood, CA 91605

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information