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    11841 Runnymede St

    North Hollywood, CA 91605
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 19 days
    • ID#: 21-676018
    Under Contract
    UPDATED: 49 min ago
    $750,000
    • 2
      BEDS
    • 0.18
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 956
      SQFT
    • $785
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1949
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale a RD 1.5 development opportunity located in North Hollywood! Lot size is approximately 7,900 sqft meaning a developer can build 5 units/townhomes by right! Current improvement on the lot is a Single Family Residence = no dealing with Rent Control or low income units! Property is also located within an OPPORTUNITY ZONE with potential for tax incentives!! The site is located within close proximity to all the shopping and transportation (170 freeway) that North Hollywood has to offer its residents. Lots of new development in the area, a 26 unit new construction project recently completed down the block! Do not miss this opportunity to build in a high rental demand area of North Hollywood. Contact listing agent for more details! Home to be sold As-Is and for land value only. Buyer to verify all zoning with LADBS. Picture of townhomes in photos section is only a rendering.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-25T21:42:35.98. 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. Properties may or may not be listed by the office/agent presenting the information.
    www.alwaysyourrealtor.com/homes/113019820
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    11841 Runnymede St North Hollywood, CA 91605

    • Price: $750,000
    • Status: Active Under Contract
    • Updated: 49 min ago
    • ID#: 21-676018
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.18
    Acres
    956
    SQFT
    $785
    $/SQFT
    1949
    Built
    Neighborhood:
    North Hollywood
    County:
    Los Angeles
    Area:
    North Hollywood
    Property Description
    We are pleased to present for sale a RD 1.5 development opportunity located in North Hollywood! Lot size is approximately 7,900 sqft meaning a developer can build 5 units/townhomes by right! Current improvement on the lot is a Single Family Residence = no dealing with Rent Control or low income units! Property is also located within an OPPORTUNITY ZONE with potential for tax incentives!! The site is located within close proximity to all the shopping and transportation (170 freeway) that North Hollywood has to offer its residents. Lots of new development in the area, a 26 unit new construction project recently completed down the block! Do not miss this opportunity to build in a high rental demand area of North Hollywood. Contact listing agent for more details! Home to be sold As-Is and for land value only. Buyer to verify all zoning with LADBS. Picture of townhomes in photos section is only a rendering.
    Exterior Features

    Building Type Detached Lot Size Area 7900 Other Structures None Parking Garage Other Pool Description None Pool YN No Spa None Spa YN No Style Other Total Parking 2 View Description None View YN No

    Interior Features

    Baths Total 1.00 Common Walls Detached/No Common Walls Cooling Other Den No Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Other Furnished Unfurnished Heating Other Laundry Other One Quarter Baths 0 Rooms Other

    Property Features

    Hoa Yn No Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Daniel Shamooelian DRE#01984269 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-25T21:42:35.98. 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. Properties may or may not be listed by the office/agent presenting the information.
     
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