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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$210,000
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:
Recent Remodel: The studio unit was fully remodeled in 2019, featuring modern upgrades like recessed lighting on dimmers and double-pane windows, offering a move-in ready condition.
Top Cons:
Cash-Only Purchase Mandate: The property requires an all-cash purchase with no exceptions, significantly limiting the potential buyer pool by excluding those reliant on traditional financing.

Compared to the nearby listings

Price:$210.0K vs avg $247.5K ($-37,500)50%
Size:440 sqft vs avg 610 sqft50%
Price/sqft:$477 vs avg $42150%

More Insights

Built in 1970 (55 years old).
Condition: This studio unit was fully remodeled in 2019, which is within the 5-year window for extensive renovations to qualify as 'excellent'. The kitchen features modern dark wood cabinetry, granite countertops, and stainless steel appliances, all in pristine condition. The bathroom also boasts an updated vanity with a modern sink and faucet. Throughout the unit, there is new laminate flooring, recessed lighting on dimmers, and double-pane windows, indicating a comprehensive and high-quality renovation. The overall condition reflects a virtually new interior, meeting current quality standards with no visible deferred maintenance.
Year Built
1970
Close
-
List price
$210K
Original List price
$210K
Price/Sqft
$477
HOA
$394
Days on market
-
Sold On
-
MLS number
BB25243718
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
This studio unit was fully remodeled in 2019, which is within the 5-year window for extensive renovations to qualify as 'excellent'. The kitchen features modern dark wood cabinetry, granite countertops, and stainless steel appliances, all in pristine condition. The bathroom also boasts an updated vanity with a modern sink and faucet. Throughout the unit, there is new laminate flooring, recessed lighting on dimmers, and double-pane windows, indicating a comprehensive and high-quality renovation. The overall condition reflects a virtually new interior, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Recent Remodel: The studio unit was fully remodeled in 2019, featuring modern upgrades like recessed lighting on dimmers and double-pane windows, offering a move-in ready condition.
Comprehensive HOA Coverage: A very low $394 HOA payment provides exceptional value by covering property taxes, water, insurance, heating, air conditioning, gas, grounds, and pool maintenance, along with on-site staff.
Extensive Community Amenities: The gated community offers a heated pool, private storage room, assigned covered parking, ample guest parking, two laundry rooms, and is small pet-friendly.
Desirable Unit Placement & Views: Located in one of the best positions within the co-op, the unit offers pleasant views of the heated pool and enjoys gorgeous sunrises.
Secure 55+ Gated Community: Provides a safe, quiet, and age-restricted living environment with intercom access, an on-site manager, and maintenance staff, fostering a strong community feel.

Cons

Cash-Only Purchase Mandate: The property requires an all-cash purchase with no exceptions, significantly limiting the potential buyer pool by excluding those reliant on traditional financing.
Strict Rental & Investor Restrictions: The unit cannot be rented, making it unsuitable for investors and reducing future flexibility for owner-occupants who might consider renting it out.
Stock Cooperative Ownership: The stock cooperative ownership structure is less common than traditional condominiums, which can be unfamiliar to buyers and may present challenges with financing and resale.

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