2 months on rocket

11966 Runnymede St, North Hollywood, CA, 91605

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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11966 Runnymede St, Los Angeles$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Gated
Garage2 spaces
Year Built1947
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
MLS #GD24176837
Lot Size0.31 Acres
StatusActive

About 11966 Runnymede St

**Introducing 11966 Runnymede St: A Prime Income Property in North Hollywood** We are delighted to present the sale of 11966 Runnymede St, a remarkable 7-unit residential income property nestled in the vibrant heart of North Hollywood. This well-maintained property comprises six spacious townhomes, each offering 2 bedrooms and 1.5 bathrooms, along with a charming 4-bedroom front house. Strategically located just east of Laurel Canyon on Runnymede Street, this property boasts a generous gross building area of 7,234 square feet, translating to an average of over 1,000 square feet per unit. Originally built in 1947, the units have been thoughtfully updated with tile flooring throughout and modern countertops, blending vintage charm with contemporary comforts. Each unit is individually metered for electricity and gas, ensuring that tenants are responsible for their own utility usage. Notably, there is no house meter, meaning all common area lighting is tenant-powered, further reducing operational costs. Trash removal is efficiently managed by the Department of Water and Power, included in each tenant's bill. The exterior of the property was freshly painted, and the roof was replaced in 2019, ensuring minimal maintenance for years to come. This property represents an ideal investment opportunity, offering steady income potential in a sought-after location. Don’t miss your chance to own this exceptional income property in North Hollywood!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 2

Listing Office:

  • Office Name: Team Rock Properties
  • Office Email: jerry@teamrockproperties.com
  • Listing Agent: Jerry Armen

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Garage, Gated

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Cross Streets: Laurel Canyon Blvd & Radford Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $20,319
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

11966 Runnymede St vs Los Angeles

84 DAYS ON ROCKET

+46 Days

$2,200,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24176837

Listing Office:

  • Office Name: Team Rock Properties
  • Office Email: jerry@teamrockproperties.com
  • Listing Agent: Jerry Armen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2005Home Sold
$1,050,000
Jul 16, 2003Home Sold
$760,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,319$1,613,126
2020$19,733$1,596,586
2019$19,463$1,565,281
2018$19,009$1,534,590
2017$19,009$1,504,500

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-324494
3
/10

  • Julie Korenstein Elementary

  • 7650 Ben Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-324495
2
/10

  • Camellia Avenue Elementary School

  • 7451 Camellia Ave

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-324496
4
/10

  • Strathern Elementary School

  • 7939 Saint Clair Ave

  • 0.74 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,049. Residents of Los Angeles, CA typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11966 Runnymede St

What is the listing price of this property?

The listing price of 11966 Runnymede St property is $2,200,000.

What type of property is this?

The property 11966 Runnymede St is a condo located in North Hollywood, California, 91605.

Is this property for sale now?

Active Listing: 11966 Runnymede St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20,319 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 22, 2005 for $1,050,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 11966 Runnymede St is 1947.

Rocket Homes›California›Los Angeles County›Los Angeles›91605›11966 Runnymede St

This home is located at 11966 Runnymede St in North Hollywood, CA and zip code 91605 in the The San Fernando Valley neighborhood. This home, which was built in 1947, sits on a 0.31 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $2,200,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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