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Multifamily Apartment Building

11813 Runnymede Street North Hollywood, CA 91605

11813 Runnymede Street, North Hollywood, CA, 91605
$222,000
For Sale
Claim this Listing
$222,000

MULTI_FAMILY - North Hollywood, CA

Property Size440 SF
Lot Size2.37 Acres
Price / SF$504.55
AddedMay 20
Days on Market56
Last RefreshJul 14 at 10:06 pm

Property Features for 11813 Runnymede Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
1
Rooms
Laundry Room, Kitchen, Bathroom 1
Parking features
Carport
Interior features
Recessed Lighting
Appliances
Microwave, Refrigerator, Free-Standing Range
Standard status
Active
APN
2317010022
Size
440 SF
Lot size
2.37 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Number of units
1

Listing agent Grace Miranda License #01275725

Listing office Keller Williams Realty World Media Center 111 N First St. #300, Burbank, CA

Listing date May 20, 2026

MLS# BB26109915

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 for-sale multifamily apartment building is located at 11813 Runnymede Street in North Hollywood, California (Los Angeles County). The offering includes a 2.37-acre lot with an existing building size of 440 square feet.

The property is presented as a residential income asset, with the current configuration centered on the existing apartment building footprint and lot area. The combination of land size and building footprint supports a range of buyer review items, including feasibility for continued operation and due diligence on the existing improvements.

All information provided is based on the listing details above, and prospective buyers should verify condition, layout, and any use limitations through their own inspection and applicable local requirements.

Key Highlights

  • Central heating with central air cooling
  • Kitchen appliances include refrigerator, microwave, and free‑standing range
  • Recessed lighting in the interior

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $14.0k $31.80
− Vacancy −$1.1k −$2.54
EGI $12.9k $29.26
− OpEx −$5.8k −$13.17
NOI $7.1k $16.09
440 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$101.1K
$88.5K – $118.0K (±1% cap)
NOI $7,080 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.6K
$206.1K – $274.8K (±1% cap)
NOI $16,490 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kim Alexis Photography Photography Service

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Pharmacy Barber Shop Cafe & Coffee Shop Acupuncture Accounting Firm Bar & Pub Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - For-sale multifamily apartment building featuring a small existing building footprint on a sizable lot.
Where is this apartment building located?
The property is located at 11813 Runnymede Street North Hollywood, CA.
What is the asking price?
The asking price for this property is $222,000.
What are key features of this property?
This property features: Central heating with central air cooling; Kitchen appliances include refrigerator, microwave, and free‑standing range; Recessed lighting in the interior
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More about this property
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