12035 Runnymede St North Hollywood, CA 91605

Other Residential MLS #: 24-464389 Courtesy Of Keller Williams Santa Monica

$2,800,000

0.35 acres
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Estimated monthly payments: $12,240/mo.* (recalculate)

Property InformationDescription

PRICE: $2,800,000: 72 Units - $38,888 per Buildable, or $36,842 Per Buildable for 76 Units!!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.
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Features

  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.35 Acres

MAP & DIRECTIONS

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12035 Runnymede St, North Hollywood, CA 91605
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School Information

12035 Runnymede St, North Hollywood, CA 91605

Elementary School
Grades PK-5 | Public School
JULIE KORENSTEIN ELEMENTARY
North Hollywood, CA 91605
7650 Ben Ave
818.­255.4140
Distance: 0.3 mi
School Rating
D+
Student:Teacher Ratio
21:1
Total Students
337
Middle School
Grades 6-8 | Public School
SUN VALLEY MAGNET
Sun Valley, CA 91352
7330 Bakman Ave
818.­255.5100
Distance: 1.0 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
1356
High School
Grades 9-12 | Public School
FRANCIS POLYTECHNIC SENIOR HIGH SCHOOL
Sun Valley, CA 91352
12431 Roscoe Blvd
818.­394.3600
Distance: 1.3 mi
School Rating
B-
Student:Teacher Ratio
20:1
Total Students
2533
Other Nearby Schools Distance Type Grades School Rating
Strathern Elementary School 0.7 mi Public PK-5 C
Camellia Avenue Elementary School 0.7 mi Public KG-5 D
Bellingham Elementary 0.9 mi Public KG-5 B-
Charles Leroy Lowman Special Education And Career Transition Center 1.0 mi Public KG-12
Arminta Elementary School 1.0 mi Public KG-5 C
Isana Cardinal Academy 1.0 mi Public KG-5 C+
Isana Palmati Academy 1.1 mi Public KG-8 B-
Roy Romer Middle School 1.2 mi Public 6-8 C
Coldwater Canyon Elementary School 1.3 mi Public KG-5 C
Saticoy Elementary 1.3 mi Public KG-5 C+
Madison Middle School 1.4 mi Public 6-8 C
Richard E. Byrd Middle School 1.4 mi Public 6-8 C
Victory Boulevard Elementary School 1.4 mi Public KG-5 C+
Robert H. Lewis Continuation 1.5 mi Public 9-12 D-
Our Lady Of The Holy Rosary School 1.5 mi Private PK-8
Stem 3 Academy 1.6 mi Private 2-12
Fair Avenue School 1.6 mi Public KG-5 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

North Hollywood, CA 91605

Median Age: 37.4
Married: 44%
Number of Households: 15,552
Households with Children: 33.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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