11922 Runnymede Street

    North Hollywood, CA 91605
    • $2,195,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: BB19108144
    UPDATED: 66 min ago
    $2,195,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,225
      SQFT
    • $353
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    *** $200K Price Reduction! *** Proudly Presenting 8 Unit Income Property in hart of North Hollywood Art District. Golden Opportunity, 27,100 SQ FT Lot With Mix of 5 Units 2 Bed 1 Bath +GG One 3Bed 1 Bath +GG One 3Bed 2 Bath +GG One 4Bed 2Bath. Access to the property between both side Runnymede St and Valerio St. Gross Income of $143,196.Net Income of $110,064. Development Opportunity You can Built Brand New 27+ Apartment Building OR simply Down size the units and convert to 13 Units With Small Resizing of the units And Double up the Income.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/94600457

    11922 Runnymede Street North Hollywood, CA 91605

    • Price: $2,195,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: BB19108144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    6,225
    SQFT
    $353
    $/SQFT
    1946
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    *** $200K Price Reduction! *** Proudly Presenting 8 Unit Income Property in hart of North Hollywood Art District. Golden Opportunity, 27,100 SQ FT Lot With Mix of 5 Units 2 Bed 1 Bath +GG One 3Bed 1 Bath +GG One 3Bed 2 Bath +GG One 4Bed 2Bath. Access to the property between both side Runnymede St and Valerio St. Gross Income of $143,196.Net Income of $110,064. Development Opportunity You can Built Brand New 27+ Apartment Building OR simply Down size the units and convert to 13 Units With Small Resizing of the units And Double up the Income.
    Exterior Features

    Garage Spaces 12.00 Lot Features 6-10 Units/Acre21-25 Units/Acre26-30 Units/AcreNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 12.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.10 Community Features Street Lights Country Us Elevation Units Feet Gross Income 144082.00 Gross Multiplier 15.00 Gross Scheduled Income 143196.00 Insurance Expense 0.00 Land Lease YN No Laundry YN No Net Operating Income 110046.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 3 Operating Expense 33150.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 55343.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lard2

    Listing provided courtesy of Jilbert Allahverdi of Jilbert Realty & Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024