Bunny Maxim

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We are pleased to present to you a BRAND NEW 4 Unit NON RENT CONTROL Luxury fourplex in North Hollywood built in 2020. This area is fast developing with many new construction surrounding the property. 11731 Runnymede is designed with a modern and open floorpan with expansive decks for outdoor living which defines California upscale living. The first unit is consists of 2 bedrooms with an extra studio and 2 kitchens and balcony which is large enough to accommodate two families. 11731 Runnymede consists total of 12 bedrooms, 1 studio, 9 bathrooms, 9 parkings and extra bike racks. All units have SEPARATE METERS for all utilities, minimal expenses. This property is also located in a Qualified Tax Zone, giving great incentives for the new owner (Certificate of Occupancy coming soon) . With conservative projected rent of 3100-4200 per unit, the cap rate comes out to an unbeatable 5.5%. This is a great way to make easy, passive income with low maintenance.

Property Details

Price:
$2,268,000
MLS #:
OC20150069
Status:
Active
Address:
11731 Runnymede Street
Type:
Residential Income
City:
North Hollywood
Listed Date:
Jul 28, 2020 (12 days)
State:
CA
ZIP:
91605
Lot Size:
6,768 sqft / 0.16 acres (approx)
Year Built:
2020

Schools

Interior

Cooling
Central Air
Fireplace Features
None
Interior Features
2 Staircases

Exterior

Community Features
Sidewalks, Storm Drains, Street Lights
Fencing
Split Rail
Garage Spaces
9.00
Lot Features
Rectangular Lot
Parking Features
None
Pool Features
None
Roof
Composition
Sewer
Sewer Paid
Stories Total
3
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Water Available

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11731 Runnymede Street
North Hollywood, CA

When you think of Real Estate, think of Bunny Maxim and Expect the Best!

We specialize in Residential, Commercial, Lots/Land and Investment Property in the Central Coast of California including the following areas:

  • Santa Maria
  • Orcutt
  • Los Alamos
  • Lompoc
  • Buellton
  • Solvang
  • Santa Ynez
  • Nipomo
  • Arroyo Grande
  • Oceano
  • Grover Beach
  • Pismo Beach
  • San Luis Obispo
  • Paso Robles

Santa Maria Office

125 E. Clark Ave

Orcutt, CA 93455

Pismo Beach Office

2665 Shell Beach Rd, Ste J

Pismo Beach, CA 93449

(805) 878-0807

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