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7224 Hillside Ave
Los Angeles, CA 90046
The Runyon · Multifamily Property For Sale
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39 Units
Investment Highlights
- Just steps away from Runyon Canyon!
- Spacious units averaging approximately 1,225 square feet!
- All Renovated Units Offer En Suite Washer/Dryer and Plumbing Shut-Off Valves. Some Units Offer Private Balconies/Patios. Select Units Furnished
- Approximately 30% upside in rents!
- Property Offers: Keyless Entry, On-Site Laundry, Gym, Pool, Gated Parking, Resident Lounge, Manager’s Office, and Rooftop Deck for Tenants
- 52 Total On-Site Parking Spaces with the Potential to Add 5 Additional Spaces. 3 Motor-Powered Garage Gates.
Property Facts
| No. Units | 39 | Building Size | 47,832 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.09/1,000 SF |
| Lot Size | 0.56 AC | ||
| Zoning | QR3-1XL | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 47,832 SF |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | QR3-1XL |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Ceiling Fans
- Double Vanities
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Patio
- Skylights
- Wet Bar
Site Amenities
- Controlled Access
- Courtyard
- Fitness Center
- Laundry Facilities
- Pool
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 810 - 962 |
| 1+2 | 2 | - | 1,135 |
| 2+2 | 14 | - | 979 - 1,541 |
| 3+2 | 3 | - | 1,475 - 1,541 |
Property Taxes
| Parcel Number | 5572-031-016 | Improvements Assessment | $6,117,552 |
| Land Assessment | $14,274,288 | Total Assessment | $20,391,840 |
Property Taxes
Parcel Number
5572-031-016
Land Assessment
$14,274,288
Improvements Assessment
$6,117,552
Total Assessment
$20,391,840
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