11731 Runnymede Street,  North Hollywood  (91605)

$2,395,000

0 bedrooms 0   0 bathrooms 0   5613 square feet 5,613
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Listed By: Greg Foster of Skymark Real Estate Group

PROPERTY DETAILS

Address: view address
North Hollywood, CA 91605
Map Location
Features: Garage, Multi-level, New Construction
Square Feet:5,613 sq.ft.Lot Size:0.16 acres
Year Built:2019Property Type:Quadruplex
County:Los AngelesList Date:2024-02-26
Listing Number:PW24039517Listed By:Skymark Real Estate Group
Listing Office:213-910-5060Virtual Tour:Click Here

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!

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Exterior

Garage Size:8.00New Construction:Yes
Parking Spaces:8.00

Property and Lot Details

Lot Acres:0.16Lot Number:3.00
Lot Sqft:6,770.00New Construction:Yes
Public Sewer:YesPublic Water:Yes
Transaction Type:SaleYear Built:2019

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Greg Foster of Skymark Real Estate Group