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12006 Runnymede St North Hollywood, CA 91605
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Key Details
Sold Price $2,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,280 sqft
Price per Sqft $257
MLS Listing ID 20-597604
Sold Date 09/28/20
Bedrooms 26
Year Built 1964
Lot Size 0.311 Acres
Acres 0.311
Property Sub-Type Multi-Family
Property Description
15 units located in North Hollywood subject to City of LA Rent Control. Huge rental upside of over 50% to over an 7.5% CAP at market rents - many long term tenants. There is onsite laundry and the Owners have completed the soft story retrofit. The property features a total of 15 parking spaces. It has an onsite Laundry Room on a lease and is professionally managed. The property went through a big SCEP inspection in 2019 and the Owner spent over $50K in required repairs. The owner installed a new Elastomeric Roof in 2019 ($26K). Contact the Listing Agent for a Marketing Package with a Rent Roll.
Location
State CA
County Los Angeles
Area North Hollywood
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Ceiling Fan
Laundry Community
Exterior
Parking Features Carport
Garage Spaces 15.0
Pool None
Roof Type Elastomeric
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Prime Banker Realty Inc.
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