55+ Cooperative Residential
For Sale
$215,000
11813 Runnymede Street, North Hollywood, CA 91605
North Hollywood, CA
Property Size440 SF
Lot Size2.37 Acres
Price / SF$488.64
Days on Market192
Property Features for 11813 Runnymede Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Kitchen, Laundry Room
Parking
1
Appliances
Microwave, Refrigerator
Elementary school district
Los Angeles Unified
Middle school district
Los Angeles Unified
High school district
Los Angeles Unified
Directions
North of Sherman Way, East of Laurel Canyon Blvd, West of Lankershim Blvd, South of Saticoy St
Subdivision
NHO - North Hollywood
Special listing conditions
Third Party Approval
Standard status
Active
APN
2317010022
Size
440 SF
Lot size
2.37 Acres
Taxes and HOA fees
HOA Fee
$452 Monthly
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
swimming pool
laundry rooms
gated entrance with intercom access
guest parking
carport
storage room
on-site manager
maintenance staff
pet friendly policies
Building Details
Year built
1970
Floors in Building
1
Number of units
60
Listing Agency:
Seven Gables Real Estate
(714) 731-3777
Listed By:
Michael Rogers · License #01354281
(714) 412-9012
Added: Apr 5
Changed: Oct 13
Last Checked: Oct 13 at 9:06PM
MLS# PW26072724
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 440-square-foot stock cooperative unit was built in 1970 and includes a kitchen, bathroom, laundry room, microwave, and refrigerator. Cooling is provided by wall/window and window units. The property receives public water and public sewer service. A dedicated carport and adjacent storage room accompany the unit.
The cooperative occupies 2.37 acres within a gated 55+ community. Common facilities include a swimming pool, maintained grounds, two laundry rooms, guest parking, and an entrance with intercom access. The community permits small pets and has an on-site manager and maintenance staff. The HOA covers property taxes, water, insurance, heating, air conditioning, gas, grounds care, and pool maintenance. Purchase requires approval by the board of Heatherdale Home Cooperative Inc., with a package submission similar to a loan application; financing is not currently available.
The cooperative occupies 2.37 acres within a gated 55+ community. Common facilities include a swimming pool, maintained grounds, two laundry rooms, guest parking, and an entrance with intercom access. The community permits small pets and has an on-site manager and maintenance staff. The HOA covers property taxes, water, insurance, heating, air conditioning, gas, grounds care, and pool maintenance. Purchase requires approval by the board of Heatherdale Home Cooperative Inc., with a package submission similar to a loan application; financing is not currently available.
Key Highlights
- 440 SF stock cooperative unit built in 1970
- Gated 55+ community on 2.37 acres
- Dedicated carport and adjacent storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,080
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,600
$141.6K
Cap Rate 7%
$101,143
$101.1K
Cap Rate 9%
$78,667
$78.7K
Market Conditions
NOI Build-Up for 440 SF
Gross rent
$14.0K $31.80/SF
− Vacancy
−$1.1K −$2.54/SF
EGI
$12.9K $29.26/SF
− OpEx
−$5.8K −$13.17/SF
NOI
$7.1K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,600
Cap Rate 7%
$101,143
Cap Rate 9%
$78,667
Alternative Uses
Best Use
Apartment 5plus
$101.1K
$88.5K – $118.0K
NOI $7,080 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.6K
$206.1K – $274.8K
NOI $16,490 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
Explore this area
Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Gated senior cooperative with shared amenities, assigned parking, storage, and on-site management.
Where is this residential income property located?
The property is located at 11813 Runnymede Street North Hollywood, CA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 440 SF stock cooperative unit built in 1970; Gated 55+ community on 2.37 acres; Dedicated carport and adjacent storage room
