11966 Runnymede ST Active

North Hollywood,CA 91605

$ 2200000

- Bed

- Bath

7234 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,234 sqft

Price per Sqft $304

MLS Listing ID GD24176837

Year Built 1947

Lot Size 0.310 Acres

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 opportunity, offering steady income potential in a sought-after location.
Don?t miss your chance to own this exceptional income property in North Hollywood!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD2

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Cooling Central Air,Wall/Window Unit(s)

Laundry Common Area

Exterior

Garage Assigned,Garage,Gated

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Building

Lot Description 6-10 Units/Acre,Level,Walkstreet

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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