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11813 Runnymede 17, North Hollywood, California 91605, North Hollywood, 91605 - 1 bed, 1 bath

11813 Runnymede 17, North Hollywood, California 91605 home-pic-0
ACTIVE$275,000
11813 Runnymede 17, North Hollywood, California 91605
1Bed
1Bath
750Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Niche Market Appeal (55+): Catters specifically to seniors seeking a tranquil, secure, and community-oriented environment within a well-maintained 55+ co-op.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 750, other record living area = 45322.

Compared to the nearby listings

Price:$275.0K vs avg $280.0K ($-5,000)50%
Size:750 sqft vs avg 765 sqft50%
Price/sqft:$367 vs avg $36650%

More Insights

Built in 1970 (55 years old).
Condition: The property, built in 1970, is well-maintained but shows significant signs of age and outdated styling. The kitchen features dated white and blue cabinets, laminate countertops, older white appliances, and a basic light fixture. The bathroom shower appears functional but basic. Popcorn ceilings are visible in living areas. While the hardwood flooring is a positive, the overall aesthetic and components suggest the need for minor to moderate updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
Year Built
1970
Close
-
List price
$275K
Original List price
$275K
Price/Sqft
$367
HOA
$508
Days on market
-
Sold On
-
MLS number
25629679
Home ConditionFair
Features
Good View: Courtyard, Pool, Trees/Woods
Pool
ViewCourtyard, Pool, Trees/Woods

About this home

Peaceful & Secure 55+ Senior Co-Op in a Serene Park-Like Setting. Discover a welcoming and secure place to call home in this charming ground-level residence, located within a quiet, well-maintained 55+ senior co-op community. Set among lush landscaping in an intimate 60-unit complex, this community offers a sense of tranquility, safety, and connection providing peace of mind. The thoughtfully designed one-bedroom layout features generous closet space and easy, single-level living. Monthly dues include climate control, helping maintain year-round comfort with predictable monthly costs, along with water, trash service, property taxes, and pool making for a truly low-maintenance lifestyle. Additional highlights include a designated carport space with guest parking, secure automatic gates, two conveniently located laundry rooms, and a beautiful garden area ideal for outdoor relaxation. The community is pet friendly, allowing a small companion to enjoy the space as well. Leasing is not permitted, helping preserve a stable, owner-occupied community designed for long-term enjoyment.

Condition Rating
Fair
The property, built in 1970, is well-maintained but shows significant signs of age and outdated styling. The kitchen features dated white and blue cabinets, laminate countertops, older white appliances, and a basic light fixture. The bathroom shower appears functional but basic. Popcorn ceilings are visible in living areas. While the hardwood flooring is a positive, the overall aesthetic and components suggest the need for minor to moderate updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Niche Market Appeal (55+): Catters specifically to seniors seeking a tranquil, secure, and community-oriented environment within a well-maintained 55+ co-op.
Comprehensive & Predictable Costs: Monthly dues include climate control, water, trash service, property taxes, and pool, offering a truly low-maintenance lifestyle with predictable expenses.
Accessibility & Convenience: Ground-level, single-level living is ideal for seniors, ensuring ease of movement and accessibility without stairs.
Enhanced Lifestyle Amenities: Features a designated carport, guest parking, secure automatic gates, two conveniently located laundry rooms, a garden area, and a pool, contributing to comfort and convenience.
Stable Owner-Occupied Community: The no-leasing policy fosters a strong, stable, and engaged owner-occupied community, promoting long-term enjoyment and pride of ownership.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 750, other record living area = 45322.
Co-Op Ownership & Restrictions: The co-operative structure, 55+ age restriction, and prohibition on leasing significantly limit the buyer pool, complicate financing, and restrict owner flexibility compared to traditional real estate.
High Monthly Dues: While inclusive, the $508 monthly dues may be considered substantial for a 1-bedroom, 750 sqft unit, potentially affecting affordability and market appeal.
Age of Property: Built in 1970, the property is over five decades old, which could imply aging systems or the need for future updates and maintenance, despite current upkeep.

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