12000 RUNNYMEDE STREET, NORTH HOLLYWOOD, CA 91605

  • Lot Size: 8,048 sqft
  • Built in 2020
  • MLS #20657758
For Sale $2,150,000

Description

We are proud to present 12000 Runnymede Street, a very unique opportunity where the front house, built in 1931, has been completely gutted and renovated in 2020. Furthermore, the seller just finished construction on an additional 3 units, built in 2020, just behind the original house, making this property completely turn-key for the buyer to enjoy.12000 Runnymede is made up of a fully renovated, 1,945 sq.ft. 2-story 5-bed / 3-bath house and three brand new 1,424 sq.ft. 3-story 3-bed / 2-bath, side-by-side town-home style units with a private 2 car garage, in-unit washer/dryer and spacious floor plans.For an unbeatable price of $2,150,000, an investor can realistically expect a projected 6.6% cap rate! With today's low interest rates, an investor is projected to achieve more than a 10% cash-on-cash return with a down payment of $430,000.

FACTS / FEATURES

  • Built in 2020
  • Lot Size: 8,048 sqft
  • Heating: Central
  • Parking: 6 spaces total

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Listing Provided by Filip Niculete, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of November 28, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.