11731 Runnymede Street North Hollywood, CA ^$ 2,395,000

11731 Runnymede Street

^$ 2,395,000

Back to search

New Construction

11731 Runnymede Street

North Hollywood, CA, 91605

^$ 2,395,000

Bedrooms11 Baths4.0 Sq 5,613

Monthly Estimate*

^$ 15,918

Listed by Skymark Real Estate Group

11731 Runnymede Street, North Hollywood, CA 91605 - Image 1

11731 Runnymede Street, North Hollywood, CA 91605 - Image 2

11731 Runnymede Street, North Hollywood, CA 91605 - Image 3

11731 Runnymede Street, North Hollywood, CA 91605 - Image 4

11731 Runnymede Street, North Hollywood, CA 91605 - Image 5

11731 Runnymede Street, North Hollywood, CA 91605 - Image 6

11731 Runnymede Street, North Hollywood, CA 91605 - Image 7

11731 Runnymede Street, North Hollywood, CA 91605 - Image 8

11731 Runnymede Street, North Hollywood, CA 91605 - Image 9

11731 Runnymede Street, North Hollywood, CA 91605 - Image 10

11731 Runnymede Street, North Hollywood, CA 91605 - Image 11

11731 Runnymede Street, North Hollywood, CA 91605 - Image 12

11731 Runnymede Street, North Hollywood, CA 91605 - Image 13

11731 Runnymede Street, North Hollywood, CA 91605 - Image 14

11731 Runnymede Street, North Hollywood, CA 91605 - Image 15

11731 Runnymede Street, North Hollywood, CA 91605 - Image 16

11731 Runnymede Street, North Hollywood, CA 91605 - Image 17

11731 Runnymede Street, North Hollywood, CA 91605 - Image 18

11731 Runnymede Street, North Hollywood, CA 91605 - Image 19

11731 Runnymede Street, North Hollywood, CA 91605 - Image 20

View a Virtual Tour

Multi-Family Home for sale in North Hollywood, CA

for $2,395,000 with 11 bedrooms and 4 full baths. This 5,613 square foot home was built in 2019 on a lot size of 0.1554.

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 plus a BONUS 5th non-conforming unit ideal for short-term Airbnb rentals. Built in 2019, contemporary features include open floorplans, LVP flooring, quartz counters and stainless steel appliances. Large 2 and 3 bedroom unit mixes! 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 - even though it has a 5th bonus non-conforming unit! Tenants pay for all utilities including electricity, gas and water. Inquire today for full details!

Multi-Family Active

Price

^$ 2,395,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1554

Year Built

2019

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

PW24039517

Days on Market

Features

General

Sewer PublicSewer

Zoning LARD1.5

Garage Spaces 8.0

Pool Features None

Year Built 2019

Tenant Pays CableTV Electricity Gas

Levels ThreeOrMore

Property SubType Quadruplex

Gross Income 0.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 120800.0

Operating Expense 46978.0

Insurance Expense 0.0

New Construction Y

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Only Inspection Contingent

Garage Y/N Y

Special Listing Conditions Standard

Status ActiveUnderContract

Directions From 170 FWY take Sherman Way to Lankershim Blvd - head North on Lankershim left on Runnymede.

City North Hollywood

Entry Location Ground

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area NHO - North Hollywood

Lot Size Square Feet 6770.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Runnymede

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://vimeo.com/916950130?share=copy

Days on Market 84

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 3

Property Sub Type Additional Quadruplex

Cap Rate 5.04

Exterior

Parking Features Covered

Lot Features NearPublicTransit

Water Source Public

Total Parking 8.0

Lot Size Area 6770.0

Number of Buildings 1

Spa N

Building Area Total 5613.0

Lot Size Acres 0.1554

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 11731

* Excluded Features

List By

Skymark Real Estate Group

Broker

(213) 910-5060

Phone

Affordability Calculator

$15,918

Per Month

Monthly Principal & Interest: $15,918
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in North Hollywood, CA

Average List Price ^$2,887,793

Percent of Sale Price 21%

About North Hollywood, CA

158,455 Population

0% Since 2002

^$0 Median Income

0 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/27/2024	$2,395,000		Listed Price

Map

More homes like this one

homes for you

See all

11731 Runnymede Street, North Hollywood, CA, 91605 is a Multi-Family Home for sale at $2,395,000 with 5,613 sqft and a lot size of 0.1554. 11731 Runnymede Street has 11 bedrooms, 4.0 baths, and was built in 2019. The property's zip code is 91605 which is in North Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

11731 Runnymede Street

Multi-Family Home for sale in North Hollywood, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home