$10,000 Closing Credit¹
#MB25027083, TONY SERRANO, Listing Office: CENTURY 21 REALTY MASTERS
#SR25020768·
Listing Office: Keller Williams Luxury·
Listing Agent: Shira Dunn·
Listing Office Phone: 424-653-0560
$1,799,000 List price
12035 Runnymede St North Hollywood, CA 91605
$10,000
Closing credit¹
1 bed
1 full
848 sqft
0.3 acres
$2,121 / sqft
House
Property details
About 12035 Runnymede St
12035 Runnymede presents an exceptional opportunity for investors with a fully RTI-approved 72-unit development spanning 37,800 SF on a 15,053 SF lot. Ready for immediate construction, the project is 100% affordable housing, with the seller covering the plan permit costs. The four- story building features 66 one-bedroom units (average 437 SF) and 6 studio units (average 318 SF), designed to meet the growing demand for affordable housing in a high-density area. With an estimated minimum annual rental income of $1,854,120 (per Schedule 6-HCD & Schedule 1- HUD), this project offers a strong return potential. Residents will benefit from thoughtfully designed building amenities, including a 2,800 SF rooftop deck, a recreation room, laundry facilities, an office, and a bicycle room. Designed to embrace the L.A. lifestyle, the project features rooftop spaces that capture breathtaking city lights and sunset views. Strategically located just off Laurel Canyon Blvd between Sherman Way & Saticoy St, the property boasts a Walk Score of 73, offering convenient access to local amenities and public transportation. Its central location, just blocks from the 170, 5, and 101 freeways, ensures seamless connectivity throughout Los Angeles. Located in a densely populated area with over 36,000 residents within a one-mile radius, this project meets a critical housing need while providing an outstanding investment opportunity. Whether you're a seasoned investor, a developer looking for your next project, or a buyer aiming to add high-demand rental units to your portfolio, this is an exceptional opportunity to capitalize on North Hollywood's thriving rental market.
Highlights
Home typeSingle Family Residence
StatusActive
Size848 sqft
Lot size0.3456 Acres
Year built1926
MLS #SR25020768
ViewNeighborhood
Summary
- MLS Number: SR25020768
- MLS Name: CRMLS
- Office Name: Keller Williams Luxury
- Office Phone: (424) 653-0560
- Listing Agent: Shira Dunn
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,799,000
12035 Runnymede St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 21, 2019 | Home Sold | $920,000 |
| May 17, 2018 | Home Sold | $600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $668,559 | $8,479 |
| 2023 | $655,451 | $8,320 |
| 2022 | $953,274 | $11,564 |
| 2021 | $934,583 | $11,430 |
| 2020 | $925,000 | $7,631 |
| 2019 | $612,000 | $1,097 |
| 2018 | $74,507 | $1,073 |
| 2017 | $73,047 | $1,073 |
History based on county public records data.
Nearby schools
3
Julie Korenstein Elementary
Public District PK-5
0.3 mi
•7650 Ben Ave
4
Strathern Elementary School
Public District PK-5
0.7 mi
•7939 Saint Clair Ave
2
Camellia Avenue Elementary School
Public District KG-5
0.7 mi
•7451 Camellia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,538. The most common annual income of people living in North Hollywood, CA is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
40%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
22%
Single, with Kids
10%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
31%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Boston Market
Jack In The Box
What do the neighbors drive?
Dodge
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12035 Runnymede St
This home is located at 12035 Runnymede St in North Hollywood, CA and zip code 91605 in the The San Fernando Valley neighborhood. This 848 square foot home, which was built in 1926, sits on a 0.35 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $1,799,000.
North Hollywood, CA housing market in February 2025 saw over 212 listings sold above listed price, more than 105 sold at listed price and over 280 sold below. Between January and February 2025, North Hollywood, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in February 2025 was 44 days, the median list price was $989,396.
From Rocket Homes Real Estate and based on county public records data.