North Hollywood, CA 91605,12006 Runnymede St

$2,650,000

Est. payment /mo

$2,850,000

7.0%
Est.Price: ?

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12006 Runnymede St North Hollywood, CA 91605

26 Beds

15 Baths

10,280 SqFt

SOLD DATE : 09/28/2020

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

Bedrooms 26

Year Built 1964

Lot Size 0.311 Acres

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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TheMLS (CLAW)
Listed by The Agency
Bought with Prime Banker Realty Inc.
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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