CA > North Hollywood (los Angeles)
North Hollywood (los Angeles), CA 91605,12035 Runnymede Street
North Hollywood (los Angeles), CA 91605,12035 Runnymede Street
North Hollywood (los Angeles), CA 91605,12035 Runnymede Street
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Jaret & Kristi Ghent

Jaret & Kristi Ghent

+1(808) 864-5942
$1,850,000
Est. payment /mo
1 Bed
1 Bath
848 SqFt
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UPDATED:

02/24/2025 10:48 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 848 sqft

Price per Sqft $2,181

MLS Listing ID CRSR25020768

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1926

Lot Size 0.346 Acres

Acres 0.3456

Property Sub-Type Single Family Residence

Property Description

12035 Runnymede presents an exceptional opportunity for investors with a fully RTI-approved 72-unit development spanning 37,800 SF on a 15,053 SF lot. Ready for immediate construction, the project is 100% affordable housing, with the seller covering the plan permit costs. The four- story building features 66 one-bedroom units (average 437 SF) and 6 studio units (average 318 SF), designed to meet the growing demand for affordable housing in a high-density area. With an estimated minimum annual rental income of $1,854,120 (per Schedule 6-HCD & Schedule 1- HUD), this project offers a strong return potential. Residents will benefit from thoughtfully designed building amenities, including a 2,800 SF rooftop deck, a recreation room, laundry facilities, an office, and a bicycle room. Designed to embrace the L.A. lifestyle, the project features rooftop spaces that capture breathtaking city lights and sunset views. Strategically located just off Laurel Canyon Blvd between Sherman Way & Saticoy St, the property boasts a Walk Score of 73, offering convenient access to local amenities and public transportation. Its central location, just blocks from the 170, 5, and 101 freeways, ensures seamless connectivity throughout Los Angeles. Located in a densely populated area with over 36,000 residen

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

View Y/N true

View Other

Private Pool false

Building

Lot Description Street Light(s), Storm Drain

Story 1

Sewer Public Sewer

Water Public

Level or Stories One Story

New Construction No

Schools

School District Los Angeles Unified

Others

Tax ID 2317013004

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Shira Dunn • Keller Williams Luxury
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12035 Runnymede Street