$3,200,000
12035 Runnymede Street North Hollywood (los Angeles), CA 91605
Save Share
Schedule a Tour
4
See all 4 photos
$3,200,000
Est. payment /mo
0.35 Acres Lot
New
12035 Runnymede Street North Hollywood (los Angeles), CA 91605
UPDATED:
11/16/2024 07:43 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24464389
HOA Y/N No
Lot Size 0.346 Acres
Acres 0.35
Property Description
12035 Runnymede offers an investor a 72 Unit RTI project, 37,800 SF building on15,048 SF of land, which is ready to build (RTI) with Seller paying for the plan permit. The 4-story structure isentirely for 100% affordable housing. The approved plans have 66 x 1-bedroom units (avg size of 437 SF) and 6studios (avg size of 318 SF). Estimated yearly minimum rental income is $1,854,120 per year per Schedule 6-HCD& Schedule 1-HUD. Building amenities include a 2,800 SF roof deck, recreation room, laundry room, office andbicycle room. The roof deck offers common open space, enhancing the living experience for residents. With awalkscore of 73 out of 100 and located just off Laurel Canyon Blvd between Sherman Way & Saticoy St, theproperty offers easy access to all amenities and public transportation. Centrally located and blocks from 3freeways (170, 5 & 101) residents can easily access all parts of Los Angeles.
Location
State CA
County Los Angeles
Area Listing
Zoning LAC2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2317013004
© 2024 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 Amir Lashgari • KW Advisors
GET MORE INFORMATION
