$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 #GD24176837
Price change
$1,995,000
-9.32%
08/28/2024
CRMLS #GD24176837
Listed
$2,200,000
+49.15%
11/19/2015
CLAW #15914135
Sold
$1,475,000
Schools & Community
Neighborhood:
Sun Valley
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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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