New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,705,000
Apartment buildings
11721 Runnymede St North Hollywood, CA 91605-3293
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6330616
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2016
Construction
WOOD
Total area
51,976 SF
Lot
0.53 ac (22,932 SF)
Zoning code
LAR3
APN
2317-010-020
UPID
US09-6330616
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PULP STUDIOS Recording Studio
-
Standard Print Shop Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.71M
Owner & transaction history
Runnymede Holdings LLC · 9 yrs held
Runnymede Holdings LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAR3 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$10,675,000
Current use
Blend value · Realmo final
$6.71M
Range $6.03M – $7.38M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$111,734
Tax year 2024
Assessed value
$8,864,575
Assessed 2024
Previous assessed
$8,864,575
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$766,646
Assessed improvement
$8,097,929
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
43
Bathrooms
67
Total area
51,976 SF
Lot
0.53 ac (22,932 SF)
Zoning code
LAR3
APN
2317-010-020
UPID
US09-6330616
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · North Hollywood, CA
Zoning LAR3 · permitted uses
LAR3 · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$10.7M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
43
Bathrooms
67
Lot
0.53 ac
Current owner
From public records · entity-resolved
Runnymede Holdings LLC
Entity
Mailing address
12439 MAGNOLIA BLVDPMB185, VALLEY VILLAGE, CA 91607-2450
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2017
—
Runnymede Holdings LLC
J A S Holdings
Grant Deed
$7,500,000 · Mechanics Bank
May 21, 2015
—
Jas Holdings
—
Trustees Deed
related
$7,000,000 · Century Hsng
Apr 7, 2015
—
Jehashua Asiss
Assis Jahoshua & Brorya
Quit Claim Deed
related
—
Jan 27, 2004
—
Norm Pomeranz
Pomeranz,julia
Quit Claim Deed
related
$314,000 · Jackson Federal Bank
Nov 15, 2001
$145,000
Norm Pomeranz
Tiberia,joseph
Trustees Deed
—
Nov 8, 2001
$3,500
Tom Block
Tiberia,norma
Grant Deed
related
—
Jan 17, 2001
—
Norma Tiberia
Tiberia,j
Quit Claim Deed
related
—
Mar 31, 2000
—
Joseph Tiberia
Barron,james R
Grant Deed
$180,000 · Seller
Sep 18, 1997
—
James R Barron
Marshall,g L & M L
Quit Claim Deed
related
—
—
—
J A S Holdings
—
Deed Of Trust
related
$100,000 · Norm Pomeranz
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11721 Runnymede St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
