$ 2,200,000
11966 Runnymede Street North Hollywood (los Angeles), CA 91605
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$ 2,200,000
Est. payment /mo
Active
11966 Runnymede Street North Hollywood (los Angeles), CA 91605
7,234 SqFt
UPDATED:
09/05/2024 04:03 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,234 sqft
Price per Sqft $304
MLS Listing ID CRGD24176837
HOA Y/N No
Year Built 1947
Lot Size 0.310 Acres
Acres 0.31
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
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating Other
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry Community Facility, Other
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2317014010
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jerry Armen • Team Rock Properties