2 months on rocket

11731 Runnymede St, North Hollywood, CA, 91605

$2,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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11731 Runnymede St, Los Angeles$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCovered
Garage8 spaces
Year BuiltNew Const., 2019
MLS #PW24039517
Lot Size0.16 Acres
StatusActive

About 11731 Runnymede St

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!

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Stories: 3

Listing Office:

  • Office Name: Skymark Real Estate Group
  • Office Phone: (213) 910-5060
  • Listing Agent: Greg Foster

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 8 spaces
  • Parking: Covered

Virtual/3D Tour

  • Virtual Tour: 11731 Runnymede St

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Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • John H. Francis Polytechnic, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Sun Valley Engineering and Technology Magnet, Public Magnet Grades 6-9
  • Studio, Public District Grades 6-8
  • Julie Korenstein Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: From 170 FWY, take Sherman Way to Lankershim Blvd - head North on Lankershim, left on Runnymede.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000

Tax Information:

  • Annual Amount: $19,457
  • 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

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

11731 Runnymede St vs Los Angeles

65 DAYS ON ROCKET

+31 Days

$2,395,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M 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: #PW24039517

Listing Office:

  • Office Name: Skymark Real Estate Group
  • Office Phone: (213) 910-5060
  • Listing Agent: Greg Foster

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: 5/2/2024, 10:20:40 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

Dec 19, 2016Home Sold
$625,000
May 06, 2014Home Sold
$300,000
Mar 15, 2007Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2021$19,457$2,255,748
2020$11,379$967,338
2019$7,736$948,371
2018$7,528$640,560
2017$7,528$625,000

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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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.

Elementary School

school-card-donut-5041188
4
/10

  • Julie Korenstein Elementary School

  • 7650 Ben Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-5041189
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.75 miles

  • Public Magnet Grades KG-6

school-card-donut-5041190
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 14.87 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5041191
4
/10

  • Sun Valley Engineering and Technology Magnet

  • 7330 Bakman Ave

  • 0.62 miles

  • Public Magnet Grades 6-9

school-card-donut-5041192
4
/10

  • Studio

  • 2211 W Avenue 30

  • 11.15 miles

  • Public District Grades 6-8

High School

school-card-donut-5041193
5
/10

  • John H. Francis Polytechnic

  • 12431 Roscoe Blvd

  • 1.48 miles

  • Public Magnet Grades 9-12

school-card-donut-5041194
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 6.57 miles

  • Public Magnet Grades 9-12

school-card-donut-5041195
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.40 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,538. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›91605›11731 Runnymede St

This home is located at 11731 Runnymede St in North Hollywood, CA and zip code 91605 in the The San Fernando Valley neighborhood. This home, which was built in 2019, sits on a 0.16 acre lot. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $2,395,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

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

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