11813 Runnymede Street 44, North Hollywood, California 91605, North Hollywood, 91605 - bed, 1 bath

11813 Runnymede Street 44, North Hollywood, California 91605 home-pic-0
ACTIVE$225,000
11813 Runnymede Street 44, North Hollywood, California 91605
0Bed
1Bath
440Sqft
103,237Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Comprehensive HOA Coverage: The very low $394 HOA payment is exceptionally inclusive, covering property taxes, water, insurance, heating, air conditioning, gas, grounds and pool maintenance, and includes on-site management and maintenance staff, offering significant financial relief and convenience.
Top Cons:
Cash-Only Purchase Requirement: The mandatory all-cash purchase requirement severely limits the potential buyer pool, as traditional financing options are not available for this stock cooperative.

Compared to the nearby listings

Price:$225.0K vs avg $255.0K ($-30,000)50%
Size:440 sqft vs avg 610 sqft50%
Price/sqft:$511 vs avg $43850%

More Insights

Built in 1970 (55 years old).
Condition: Despite being built in 1970, this studio unit was 'fully remodeled in 2019,' which falls within the 'extensively renovated within 5 years' criteria for an excellent rating. The images confirm a high-quality renovation with modern LVP flooring, recessed lighting, double-pane windows, and a contemporary kitchen featuring stainless steel appliances (refrigerator, gas range, microwave) and granite/quartz countertops. The overall aesthetic is fresh, bright, and move-in ready, showing no signs of deferred maintenance in the visible areas. While bathroom images are not provided, the 'fully remodeled' description suggests it would be to a similar modern standard.
Year Built
1970
Close
-
List price
$225K
Original List price
$245K
Price/Sqft
$511
HOA
$394
Days on market
-
Sold On
-
MLS number
BB25093446
Home ConditionExcellent
Features
Good View: None
Pool
View-

About this home

Light, bright, and beautifully remodeled studio unit in a welcoming 55+ gated community! The very low $394 HOA payment covers property taxes, water, insurance, heating, air conditioning, gas, grounds and pool maintenance, and includes an on-site manager and maintenance staff. Fully remodeled in 2019, the studio features recessed lighting on dimmers, double-pane windows, and an open, airy feel. Enjoy gorgeous sunrises and views of the heated pool from this unit located in one of the best positions within this co-op community. Cash-only purchase required. Other amenities include a private storage room conveniently located right next to the unit, one assigned covered parking spot, plenty of guest parking, two laundry rooms, gated entrance with intercom access, and small pet-friendly policies. A truly happy place to call home – Schedule a viewing today! IMPORTANT INFORMATION: This is a 55+ community and the stock cooperative ownership requires an all cash purchase and there are no exceptions. The unit cannot be rented, so no investors.

Condition Rating
Excellent

Despite being built in 1970, this studio unit was 'fully remodeled in 2019,' which falls within the 'extensively renovated within 5 years' criteria for an excellent rating. The images confirm a high-quality renovation with modern LVP flooring, recessed lighting, double-pane windows, and a contemporary kitchen featuring stainless steel appliances (refrigerator, gas range, microwave) and granite/quartz countertops. The overall aesthetic is fresh, bright, and move-in ready, showing no signs of deferred maintenance in the visible areas. While bathroom images are not provided, the 'fully remodeled' description suggests it would be to a similar modern standard.
Pros & Cons

Pros

Comprehensive HOA Coverage: The very low $394 HOA payment is exceptionally inclusive, covering property taxes, water, insurance, heating, air conditioning, gas, grounds and pool maintenance, and includes on-site management and maintenance staff, offering significant financial relief and convenience.
Recent Remodel & Modern Features: Fully remodeled in 2019, the studio boasts contemporary upgrades such as recessed lighting on dimmers and double-pane windows, providing a bright, airy, and move-in ready living space.
Extensive Community Amenities: The gated 55+ community offers a wealth of amenities including a heated pool, private storage room, assigned covered parking, ample guest parking, two laundry rooms, and intercom access, enhancing resident comfort and lifestyle.
Desirable Unit Position & Views: Located in one of the best positions within the community, the unit offers gorgeous sunrises and views of the heated pool, contributing to a pleasant and serene living environment.
Pet-Friendly Policy: The community's small pet-friendly policies are a positive attribute, broadening its appeal to pet owners within the 55+ demographic.

Cons

Cash-Only Purchase Requirement: The mandatory all-cash purchase requirement severely limits the potential buyer pool, as traditional financing options are not available for this stock cooperative.
No Rental Policy / No Investors: The unit cannot be rented, which eliminates investors as potential buyers and restricts future flexibility for owners who might consider renting the property out.
Stock Cooperative Ownership Structure: The stock cooperative ownership model is less common and often more complex than traditional condominium ownership, which can deter some buyers and is directly linked to the cash-only purchase requirement.

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