11731 Runnymede Street, North Hollywood, CA 91605

About this fourplex

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. Built in 2019, contemporary features include open floorplans, LVP flooring, quartz counters and stainless steel appliances. Large 3 bedroom units! 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. Tenants pay for all utilities including electricity, gas and water. Inquire today for full details!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$2,325,000

Sold July 2024 · listed $2,395,000, on market February 2024 · MLS #PW24039517 · Source: CRMLS

Listing Agent: Greg Foster · Listing Office: Skymark Real Estate Group · Contact: 213-910-5060 · Bought with: Varouj Madadian · Galaxy Real Estate Services, Inc.

$625,000

Sold December 2016 · listed $599,000, on market November 2016 · MLS #16179698 · Source: CRMLS

Listing Agent: Ilan Rozenfeld · Listing Office: Power Brokers International · Contact: 310-402-5593 · Bought with: Ilan Rozenfeld · Power Brokers International

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