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$1,995,000

Beds
Unknown
sq ft
Unknown

11966 Runnymede St, North Hollywood, CA 91605

11966 Runnymede St

North Hollywood, CA 91605

  • 147 days on market
    • Price drop $205,000↓
**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!

Details

Property type

Apartment

Lot size

0.31 acres

Price per sq ft

Unknown

Year built

1947

HOA

No

Price History

12/19/2024
CRMLS

CRMLS #GD24176837

Price change
$1,995,000
-9.32%
08/28/2024
CRMLS

CRMLS #GD24176837

Listed
$2,200,000
+49.15%
11/19/2015
CLAW

CLAW #15914135

Sold
$1,475,000

Schools & Community

Neighborhood: 

Sun Valley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 01/21/2025 at 8:30 PM

Listing updated: 12/19/2024 at 12:31 PM

Listed by: Jerry Armen, Team Rock Properties Phone #: (818) 241-1100

MLS: CRMLS #GD24176837

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