12035 Runnymede Street

North Hollywood, CA 91605

$3,200,000
Price
15,053 / 0.35
Lot Size / Acres

Description

12035 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...12035 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.
  1. Listed by Amir Lashgari • DRE #01976006 • Brokerage DRE #01854200 • KW Advisors

Property Details for 12035 Runnymede Street

Zoning
LAC2
Parcel Number
2317013004
Area
North Hollywood (NHO)
Lot Size Area
15053
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
2317-013-004
Directions
North of Sherman way / East of Laurel Canyon Blvd
LISTING UPDATED: 11/16/2024 10:22 AM

Property Details for 12035 Runnymede Street

StatusActive
MLS #24-464389
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.35 AC
CountyLos Angeles County

Building Information for 12035 Runnymede Street

Lot Size0.35 AC

Property Information for 12035 Runnymede Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Any
Contract Info
Contract Info
  • Disclosures: Building Permit, Building Plans Available, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Other
  • Lot Acreage: 0.3456
  • Lot Size Square Feet: 15053
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 11-16-2024

Property History for 12035 Runnymede Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12035 Runnymede Street

Taxable ValueLand$467,992Additions$200,567Total$668,559
Tax Record2024$8,480 ($707 / month)
Home Facts
Beds1Total Finished SqFt848 SqFtAbove Grade Finished SqFt848 SqFtLot Size15,048 SqFtStyleSingle Family ResidenceYear Built1926ZoningLAC2CountyLOS ANGELESAPN2317-013-004

Schools near 12035 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
Public - K to 12
Rating
School
Distance
Julie Korenstein Elementary School
PublicK to 5

John H. Francis Polytechnic
Public9 to 12

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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12035 Runnymede Street is a 0.35 ac of land for sale in North Hollywood, CA 91605. This property was listed for sale on November 16, 2024 by KW Advisors, it's currently listed at $3,200,000. It has been on the market for a total of 6 days and was last sold on April 16, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Julie Korenstein Elementary School, Sun Valley Engineering And Technology Magnet and John H. Francis Polytechnic. 12035 Runnymede Street is a 0-bed, 0-bath, 0.35 ac of land on a 15,053 sq. ft. / 0.35 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Amir Lashgari, DRE #01976006

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.