12035 Runnymede St North Hollywood, CA 91605

$--

1 Beds
1 Baths
848 Sq.Ft.

Off Market

Map preview of 12035 Runnymede St, North Hollywood, CA 91605

Property Overview: 12035 Runnymede St North Hollywood, CA has 1 bedrooms, 1 bathrooms, 848 living square feet and 15,047 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

12035 Runnymede St is currently an off market home in the city of North Hollywood. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of North Hollywood has a median list price of $970,000. The median price per/sqft for North Hollywood is $610. With those numbers in mind, if you are looking to purchase a median priced home in North Hollywood, CA and put 20% down you will need to save up $194,000 for the down payment and will need roughly $19,400 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in North Hollywood the commission could be as much as $45,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 12035 Runnymede St

Last sold on March 17th, 2020

September, 2024
Sep 1, 2024

Date

Expired

CRMLS: SR24156722

$3,600,000

Price
Jul 30, 2024

Date

Active

CRMLS: SR24156722

$3,600,000

Price
Listing provided courtesy of CRMLS

RTI Senior Housing Project of 76 Units + 4 ADUs !!! Just pull the permit and start building a new complex in the heart of the San Fernando Valley with a secured income and guaranteed income !!! No Parking required !!! School Fee was waived already !!! 4 story building !!! All Plans are stamped already !!! Huge profits expected when it's all built and occupied !!! Build and Keep or Build and sell !!! Call Tal for a copy of all approved Plans and As Completed Value Anylasis.

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May, 2024
May 15, 2024

Date

Expired

CRMLS: 24375373

$3,950,000

Price
Apr 2, 2024

Date

Active

CRMLS: 24375373

$3,950,000

Price
Listing provided courtesy of CRMLS

The development will be delivered 76 units RTI fully entitled, 66 1's, 6 studios, 1 Bed ADU and 3 single ADUs, with 4 story stack construction and is located in an opportunity zone. Most recently LADWP has approved service. The permit fees will be paid by the Buyer. The property is entitled with no parking. There are no off site requirements, no school fees (save $200,000), no linkages, and no relocation fees. Due diligence includes, Blueprints and plans, HACLA guidance, GC bids, Soils reports, Developers Proforma analysis, Brokers Development analysis, Methane report, Letter of Determination, Preliminary Zoning Assessment from City with approval for 76 units, and the Prelim. Understanding the orientation of the land is critical as the overhead power lines run away from the development site and there are fully occupied apartments nearby which are much closer to these overhead lines. The total yearly forecasted rent is $2.05 mil per yr. on an estimated projected cost basis of $15 mil including the land and entitlement and hard and soft construction costs.

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March, 2024
Mar 15, 2024

Date

Expired

CRMLS: 24364699

$4,248,000

Price
Mar 4, 2024

Date

Active

CRMLS: 24364699

$4,248,000

Price
Listing provided courtesy of CRMLS

15,048 sq ft parcel, zoned LAC2, LARD1.5, R3. The City of Los Angeles is in desperate need of affordable housing for 62+. This project, 4 years in predevelopment, represents a plan to assist in the city's effort to house the elderly. Located in North Hollywood in the Eastern San Fernando Valley this is one of the most densely populated neighborhoods in the Valley. It is home to the NOHO arts district and the Academy of Television Arts and Sciences. It is a major transportation hub with a nearby international airport and freeway accessibility and the Orange line busway and the Red Line subway. The property is a few steps away from a bus stop on Laurel Canyon Blvd. The development will be delivered 72 units RTI fully entitled, 66 1's and 6 studios with 4 story construction and is located in an opportunity zone. The permit fees will be paid by the Buyer. The property is entitled with no parking. There are no off site requirements, no school fees, no linkages, and no relocation fees. Due diligence includes, Blueprints and plans, HACLA guidance, GC bids, Soils reports, Developers Proforma analysis, Brokers Development analysis, Methane report, Letter of Determination, Preliminary Zoning Assessment from City with approval for 72 units, and the Prelim. The total yearly forecasted rent is $2,050,000 per yr. on an estimated projected cost basis of $15,000,000 mil including the land and entitlement and hard and soft construction costs.

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December, 2022
Dec 19, 2022

Date

Expired

CRMLS: SR22224998

$1,785,000

Price
Oct 18, 2022

Date

Active

CRMLS: SR22224998

$1,785,000

Price
Listing provided courtesy of CRMLS

RTI Development! Investors, builders look no further, great investment opportunity, approved plan consists of 25 mix units, (21) 1bed /1bath +Den, (3) units 1bed/1bath (1) unit 3bed/2bath . Start building, currently sits a single family home 1bd 1bth on 15,048 sqft lot. Will be delivered Vacant. LAC2 zoning, don't miss out, call for more details.

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April, 2022
Apr 30, 2022

Date

Expired

CRMLS: SR22031809

$1,800,000

Price
Feb 17, 2022

Date

Active

CRMLS: SR22031809

$1,800,000

Price
Listing provided courtesy of CRMLS

Opportunity zoned, RTI project in the desirable neighborhood of North Hollywood. Currently an SFR 1 bed - 1 bath on a lot size of 15,048 sqft zoned LAC2. Per approved plans, this project features 25 units; 21 units with 1 bedroom + den and 1 bath, 3 units 1 bedroom - 1 bath, and 1 unit 3 bedrooms - 2 baths. Units were designed to embrace the L.A. lifestyle with rooftops that captures city lights and sunsets. This is a great investment opportunity for a knowledgeable investor / developer or just a buyer looking to add some rental units with high rents to their portfolio.

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June, 2021
Jun 10, 2021

Date

Active

CRMLS: 21747624

$1,795,000

Price
Listing provided courtesy of CRMLS

Presenting a 25-unit Multifamily Development site in North Hollywood! RTI with Entitlements & Approved Plans! Approved plans for 25 units in 3 stories above subterranean parking with generously sized 2 bed, 1 bed + den and 1 bed plans. 3 units are reserved for very low income All units are individually metered for water, A/C, heat and electricity. These plans include 21/25 units with balconies, two 3rd level common area decks, front entry lobby and centralized elevator, and 24 subterranean parking spaces. This property has convenient access to Burbank Airport, I-5, Hwy 170, Hwy 101, Universal Studios and Downtown LA and is Just minutes to "District Noho"

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June, 2021
Jun 4, 2021

Date

Withdrawn

CRMLS: SR21109558

$2,250,000

Price
May 21, 2021

Date

Active

CRMLS: SR21109558

$2,250,000

Price
Listing provided courtesy of CRMLS

RTI project in the desirable neighborhood of North Hollywood. Currently an SFR 1 bed - 1 bath on a lot size of 15,048 sqft zoned LAC2. Per approved plans, this project features 25 units; 21 units with 1 bedroom + den and 1 bath, 3 units 1 bedroom - 1 bath, and 1 unit 3 bedrooms - 2 baths. Units were designed to embrace the L.A. lifestyle with rooftops that captures city lights and sunsets. This is a great investment opportunity for a knowledgeable investor / developer or just a buyer looking to add some rental units with high rents to their portfolio.

Continue Reading
May, 2021
May 1, 2021

Date

Expired

CRMLS: SR21076767

$2,250,000

Price
Apr 13, 2021

Date

Active

CRMLS: SR21076767

$2,250,000

Price
Listing provided courtesy of CRMLS

RTI project in the desirable neighborhood of North Hollywood. Currently an SFR 1 bed - 1 bath on a lot size of 15,048 sqft zoned LAC2. Per approved plans, this project features 25 units; 21 units with 1 bedroom + den and 1 bath, 3 units 1 bedroom - 1 bath, and 1 unit 3 bedrooms - 2 baths. Units were designed to embrace the L.A. lifestyle with rooftops that captures city lights and sunsets. This is a great investment opportunity for a knowledgeable investor / developer or just a buyer looking to add some rental units with high rents to their portfolio.

Continue Reading
March, 2020
Mar 17, 2020

Date

Sold (Public Records)

Public Records

--

Price
March, 2020
Mar 17, 2020

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 12035 Runnymede St

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$925,000	--	--

About 12035 Runnymede St

Detailed summary of property

12035 Runnymede St is a single family home in North Hollywood, CA 91605 and is currently off market. This house has 1 bedrooms, 1 bathrooms, roughly 848 living square feet, and sits on an approximately 15,047 square foot lot. Homes in North Hollywood are selling for a median price of $905,000 and a median price per square foot of $607. Local nearby listings include 3657 Regal Pl, 3657-1 Regal Pl #3657 and 3625 Fredonia Dr #2. The average home in North Hollywood, CA is selling in 92 days. There are currently 167 homes for sale in the North Hollywood real estate market and 131 of them are single family homes while 31 of them are condos and 5 are townhomes. If you are the homeowner and looking to sell the home at 12035 Runnymede St North Hollywood, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 12035 Runnymede St

Public county record property details

Beds: 1
Baths: 1
Year built: 1926
Sq. Ft.: 848
Lot Size: 15,047
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 2317-013-004

The source for these homes facts are from public records.

91605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$899,999

Median List Price/Sq.Ft.

$580

Median Sold Price

$890,000

Median Sold Price/Sq.Ft.

$547

Total Inventory

Median Sale to List Price %

101.15%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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