11966 Runnymede ST Active

North Hollywood,CA 91605

$ 1995000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD24176837

Originating Board California Regional MLS

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 invest

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Heating Central Forced Air

Cooling Central AC,Window / Wall Unit

Laundry Laundry Area,Community Facility

Exterior

Parking Features Assigned Spaces,Garage,Gate / Door Opener

Garage Spaces 14.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 2317014010

Special Listing Condition Not Applicable

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