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listing
1 of 20
Residential IncomeFor Sale
$2,395,000
11731 Runnymede Street
North Hollywood, CA 91605
Listed by Greg Foster DRE#01800079 [email protected] Skymark Real Estate Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$12,463/mo

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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Information courtesy of Skymark Real Estate Group is subject to verification and is not guaranteed.
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