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!
Sold for $2,325,000
Listed by: Skymark Real Estate Group • Greg Foster • Contact: 213-910-5060
Bought with: Galaxy Real Estate Services, Inc.
$2,325,000
11731 Runnymede St, North Hollywood, CA 91605
12beds
9baths
5,613sqft
Quadruplex
Built in 2019
-- sqft lot
$2,141,200 Zestimate®
$414/sqft
$4,875 Estimated rent
Home value
$2,141,200
$1.99M - $2.29M
$4,875/mo
Zestimate® history
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$4,875/mo
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$14,811/mo
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Zillow last checked:
Listing updated:
Listed by:
Greg Foster DRE #01800079 213-910-5060,
Skymark Real Estate Group
Bought with:
Varouj Madadian, DRE #01013113
Galaxy Real Estate Services, Inc.
Source: CRMLS,MLS#: PW24039517
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 5,613
- Total interior livable area: 5,613 sqft
Property
Parking
- Total spaces: 8
- Parking features: Covered
- Garage spaces: 8
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Ground
- Pool features: None
Lot
- Size: 6,770 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 2317010006
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: Yes
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $414/sqft
- Tax assessed value: $2,371,500
- Date on market: 2/26/2024
- Cumulative days on market: 278 days
- Listing terms: Cash to New Loan
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2024 | Sold | $2,325,000-2.9%$414/sqft |
Source:  CRMLS #PW24039517 Report a problem | ||
| 5/20/2024 | Contingent | $2,395,000$427/sqft |
Source: CRMLS #PW24039517 Report a problem | ||
| 2/27/2024 | Listed for sale | $2,395,000-1%$427/sqft |
Source: CRMLS #PW24039517 Report a problem | ||
| 1/24/2024 | Listing removed | -- |
Source:  CLAW #23-284611 Report a problem | ||
| 1/3/2024 | Listed for sale | $2,420,000-2.2%$431/sqft |
Source: CLAW #23-284611 Report a problem | ||
| 12/22/2023 | Listing removed | -- |
Source: CLAW #23-284611 Report a problem | ||
| 10/25/2023 | Price change | $2,475,000-6.6%$441/sqft |
Source: CLAW #23-284611 Report a problem | ||
| 6/26/2023 | Listed for sale | $2,650,000+13.7%$472/sqft |
Source: CLAW #23-284611 Report a problem | ||
| 11/15/2021 | Sold | $2,330,000+5.9%$415/sqft |
Source: Public Record Report a problem | ||
| 1/11/2021 | Listing removed | -- |
Source:  CLAW Report a problem | ||
| 12/3/2020 | Listed for sale | $2,200,000+252%$392/sqft |
Source: Marcus & Millichap #20666542 Report a problem | ||
| 12/19/2016 | Sold | $625,000+4.3%$111/sqft |
Source: CLAW #16179698 Report a problem | ||
| 12/13/2016 | Listed for sale | $599,000$107/sqft |
Source: Power Brokers International #16179698 Report a problem | ||
| 11/29/2016 | Pending sale | $599,000$107/sqft |
Source: Power Brokers International #16179698 Report a problem | ||
| 11/12/2016 | Listed for sale | $599,000+99.7%$107/sqft |
Source: Power Brokers International #16179698 Report a problem | ||
| 5/6/2014 | Sold | $300,000+87.5%$53/sqft |
Source: Public Record Report a problem | ||
| 3/15/2007 | Sold | $160,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,371,500 +2% |
| 2025 | $28,453 -4.7% | $2,325,000 -4.1% |
| 2024 | $29,853 +2% | $2,424,132 +2% |
| 2023 | $29,276 +4.9% | $2,376,600 +2% |
| 2022 | $27,917 +43.5% | $2,330,000 +3.3% |
| 2021 | $19,457 -27.6% | $2,255,748 +133.2% |
| 2020 | $26,863 +48.4% | $967,338 +2% |
| 2019 | $18,104 +134% | $948,371 +48.1% |
| 2018 | $7,737 | $640,560 +2.5% |
| 2017 | $7,737 +2.8% | $625,000 +108.3% |
| 2016 | $7,528 +106.4% | $300,000 |
| 2015 | $3,647 -24.6% | $300,000 -15.5% |
| 2014 | $4,838 | $355,203 +2.5% |
| 2012 | -- | $346,665 +2% |
| 2011 | -- | $339,868 +0.8% |
| 2010 | -- | $337,328 -0.2% |
| 2009 | -- | $338,130 +2% |
| 2008 | -- | $331,500 |
| 2007 | -- | $331,500 +2% |
| 2006 | -- | $325,000 +2529% |
| 2005 | -- | $12,362 +4% |
| 2004 | -- | $11,883 +1.9% |
| 2003 | -- | $11,666 +2% |
| 2002 | -- | $11,438 +4% |
| 2000 | -- | $10,995 |
Find assessor info on the county website
Neighborhood: North Hollywood
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Nearby schools
GreatSchools rating
- 5/10Julie Korenstein Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Sun Valley Engineering And Technology MagnetGrades: 6-12Distance: 0.7 mi
- 6/10John H. Francis PolytechnicGrades: 9-12Distance: 1.5 mi
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Estimated market value
$2,141,200
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Estimated market value
$2,141,200
- California
- Los Angeles County
- Los Angeles
- 91605
- North Hollywood
- 11731 Runnymede St
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