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11731 Runnymede ST North Hollywood, CA 91605
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Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,613 sqft
Price per Sqft $414
MLS Listing ID PW24039517
Sold Date 07/10/24
HOA Y/N No
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
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Covered
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Sidewalks
Parking Type Covered
Total Parking Spaces 8
Private Pool No
Building
Lot Description Near Public Transit
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Varouj Madadian • Galaxy Real Estate Services, Inc.
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