11731 Runnymede Street, North Hollywood, CA 91605
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Listed Price :
$2,395,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
2019
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 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!
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
11731 Runnymede Street |
City |
North Hollywood |
State |
CA |
Zip |
91605 |
County |
Los Angeles |
Listing Agent |
Greg Foster DRE #01800079 |
Courtesy Of |
Skymark Real Estate Group |
List Price |
$2,395,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Quadruplex |
Structure Size |
N/A |
Lot Size |
6,770 |
Year Built |
2019 |
Listing information courtesy of: Greg Foster, Skymark Real Estate Group. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 29th, 2024 at 3:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.