11731 Runnymede Street North Hollywood, CA 91605
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site78 Days
- MLS StatusActive
- MLS ID NumberPW24039517
- Home Size Source N/A
- Year Built2019
- Lot Size0.1554 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 11731 Runnymede Street North Hollywood, CA 91605
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| 3 months ago |
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General Features
- Parking Covered
- Parking Spaces 8
- Sewer Public Sewer
- Number of Stories Three Or More3
- Acreage 0.1554
- Water Public
- Property Sub Type Quadruplex
- Garage Spaces 8
- Zoning LARD1.5
- Listing Conditions Standard
Interior Features
- Laundry Features Inside
Exterior Features
- Pool Features None
- Lot Near Public Transit
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area NHO - North Hollywood