11966 Runnymede Street
$2,200,000
16
14
7,234
7,234
$304
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...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!
- Listed by Jerry Armen • DRE #01269617 • Brokerage DRE #01890237 • Team Rock Properties • jerry@teamrockproperties.com
Property Details for 11966 Runnymede Street
Parking Spaces Total
14
Private PoolNo
Cooling TypeCentral Forced Air, Wall/Window
Total Units7.0
Lot Size SourceAssessor
Property Attached YNtrue
Common Walls2+ Common Walls, No One Above, No One Below
New ConstructionNo
LISTING UPDATED: 09/05/2024 01:42 AM
Property Details for 11966 Runnymede Street
Status | Active |
---|---|
MLS # | GD24176837 |
Days on Market | 87 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
Lot Size | 0.31 AC / 13,504 SF |
County | Los Angeles County |
Building Information for 11966 Runnymede Street
Stories2Residences-Year Built1947Building Size-Lot Size0.31 AC / 13,504 SF
Property Information for 11966 Runnymede Street
Property History for 11966 Runnymede Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11966 Runnymede Street
Taxable ValueLand$928,467Additions$783,393Total$1,711,860
Tax Record2024$21,965 ($1,830 / month)
Home Facts
Total Finished SqFt7,234 SqFtAbove Grade Finished SqFt7,234 SqFtLot Size13,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1947ZoningLARD2CountyLOS ANGELESAPN2317-014-010
Schools near 11966 Runnymede Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Julie Korenstein Elementary School PublicK to 5 | ||
Sun Valley Engineering And Technology Magnet Public6 to 12 | ||
John H. Francis Polytechnic Public9 to 12 | ||
ISANA Cardinal Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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