North Hollywood, CA 91601,10803 Otsego St
North Hollywood, CA 91601,10803 Otsego St
North Hollywood, CA 91601,10803 Otsego St
45
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$3,800,000
Est. payment /mo
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16 Beds
17 Baths
11,428 SqFt
Active

10803 Otsego St North Hollywood, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,428 sqft

Price per Sqft $332

MLS Listing ID 25505227

Style Traditional

Bedrooms 16

Year Built 1964

Lot Size 0.288 Acres

Acres 0.2884

Property Sub-Type Multi-Family

Property Description

Welcome to Mesa Otsego, A Prime Investment Opportunity in North Hollywood! Tucked away on a quiet, tree-lined street in the heart of NorthHollywood. Mesa Otsego is a well-maintained 16-unit apartment building offering stability and upside potential. Projected future income could be $28,200/mth or $338,400/year. The property consists of 14 one-bedroom, one-bathroom units, each with a covered carport parking spot, and a spacious two-bedroom, two-bathroom manager's unit, which is currently vacant, allowing the flexibility to choose your resident manager. Three units will be delivered vacant, providing an excellent opportunity for owner occupancy or market-rate rentals. The property has undergone key upgrades, including a completed soft-story retrofit and a newer electrical panel. 3 Units are currently vacant and ready to rent to new tenants. Residents can enjoy a refreshing pool, on-site community laundry, and, in select units, private outdoor spaces. Beyond the property, Mesa Otsego offers unbeatable access to the best of the NOHO Arts District. Just moments away, you'll find some of the neighborhood's hottest restaurants, including The Federal, a stylish gastropub with craft cocktails; Idle Hour, the iconic barrel-shaped bar with a lively atmosphere; and The Front Yard, a local favorite serving elevated California cuisine. Enjoy world-class entertainment at The Road Theatre Company and the historic El Portal Theatre, or grab a coffee at the ever-popular Groundwork Coffee Co.. With Metro access nearby, commuting is a breeze, making this an attractive location for renters. Drive by only. Do not disturb tenants. All offers are subject to interior inspection.

Location

State CA

County Los Angeles

Area North Hollywood

Building/Complex Name Mesa Otsego

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling Wall/Window

Flooring Mixed, Laminate, Tile, Vinyl, Carpet

Fireplaces Type None

Equipment Garbage Disposal, Dishwasher, Ceiling Fan, Range/Oven, Refrigerator

Laundry Community, Room

Exterior

Parking Features Assigned, Carport, Covered Parking

Garage Spaces 15.0

Pool In Ground, Fenced

Community Features Community Mailbox

Roof Type Composition

Building

Story 2

Architectural Style Traditional

Level or Stories Multi/Split, Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Nourmand & Associates-HW

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agent

Hunter Scholl

The Right Hand | RE.S. 197305

+1(702) 575-1320

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10803 Otsego St