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North Hollywood, CA 91605,11731 Runnymede ST
North Hollywood, CA 91605,11731 Runnymede ST
North Hollywood, CA 91605,11731 Runnymede ST
$2,325,000
Est. payment /mo
$2,395,000
2.9%
Est.Price: ?

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6,769 Sqft Lot
SOLD DATE : 07/10/2024

Key Details

Sold Price $2,325,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24039517

Year Built 2019

Lot Size 6,769 Sqft

Property Description

Discover a prime investment opportunity in the heart of North Hollywood, just moments from the vibrant NOHO Arts District. This newer construction apartment complex is excluded from LA rent control and features 4 spacious apartments. Built in 2019, contemporary features include open floorplans, LVP flooring, quartz counters and stainless steel appliances. Large 3 bedroom units! Tenants enjoy the convenience of central AC, in-unit laundry, and two covered parking spaces each. Located in an opportunity zone with easy access to freeways and amenities, this property presents a savvy investor with excellent rental upside and low operating costs. Huge upside on rents - plus, property qualifies for 1-4 unit financing. Tenants pay for all utilities including electricity, gas and water. Inquire today for full details!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LARD1.5

Interior

Laundry Inside

Exterior

Parking Features Covered

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Building

Lot Description Near Public Transit

Story 3

Sewer Public Sewer

Water Public

New Construction Yes

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Greg Foster • Skymark Real Estate Group • 213-910-5060
Bought with Varouj Madadian • Galaxy Real Estate Services, Inc.
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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